Michael Sailor persuades Musk to invest in bitcoin
Peter Schiff considers buying bitcoin venture "fraud"
Dogecoin price jumped 20% after Elon Musk’s tweet
Dogecoin, Tesla, Bitcoin and a new Elon Musk Tweet: What is Really Going On?
International consortium of news organizations developing transparency standards.
Elon Musk’s dogecoin tweets are ‘disconcerting,’ bitcoin bull says
Tesla CEO enters into discussion with Michael Sailor on the rationale of transferring assets from dollars to bitcoin
Tesla founder asked … or was joking
Billionaire Elon Musk asked Michael Saylor, CEO of MicroStrategy, if it is possible to convert large Tesla transactions into bitcoins. This became known from a series of tweets in which two businessmen discuss the benefits of digital currency. Sailor believes that by converting Tesla’s balance to Bitcoin, Musk will not only push the cryptocurrency market to new highs, but also make a profit..
“If you want to provide a $ 100 billion service to your shareholders, convert your TSLA balance in USD to #BTC .. Other S member firms&P 500, follow your lead, and over time it will rise to the level of $ 1 trillion, ”- wrote Sailor.
Immediately after Michael Saylor’s message, Peter Schiff, an ardent opponent of Bitcoin, joined the discussion and asked Musk not to “succumb to provocations.”.
Elon, don’t get fooled by fraud. Michael, like everyone involved in the Bitcoin pyramid, must attract new buyers to the scheme in order for it to continue working. Do not drive Tesla shareholders into the trap of Mircrostrategy shareholders, Schiff said.
Elon Musk has not yet made a decision on investing in cryptocurrencies, but the rapid growth of the bitcoin rate motivates billionaires from all over the world to look closely at a new investment asset. According to the Wells Fargo Investment Institute, since the beginning of the year, the price of bitcoin has increased by more than 200%, and in comparison with 2019, the value of the crypto coin has increased by 90%, exceeding the $ 24,000 mark..
The rise in the value of bitcoin has led to the fact that several famous billionaires have invested in cryptocurrencies at once. For example, Mexican businessman Ricardo Salinas Pliego, founder and president of the Salinas group, said that he invested most of his liquid assets in bitcoins. Also investing in bitcoin are Paul Tudor Jones, Robert Kiyosaki, author of the bestselling Rich Dad Poor Dad, investment celebrity Jim Kramer and other businessmen.
“Dog’s joy”: Dogecoin grows by 20% after the dialogue between Musk and Sailor
Musk keeps aloof from digital money, but teases industry participants with provocative tweets from time to time. His recent tweet with the single word DOGE sent the asset’s value to highs at $ 0.0047. The coin showed an increase of 20% in a matter of hours
Recall that in July of this year, Elon Musk also accidentally pumped up the Dogecoin rate with a regular tweet. Then the price of the coin increased by 15%, and the crypto community started talking about Dogecoin as Musk’s favorite coin. A similar situation has occurred now. Holders of the crypto-coin-meme hope that Musk will actively discuss Dogecoin on the network, constantly raising its price.
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