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Coinnounce

2021-02-19 07:35:40

Elon Musk defends Tesla’s move into bitcoin, says bitcoin is slightly better than fiat.

Elon Musk defends Tesla’s move into bitcoin, says bitcoin is slightly better than fiat.

On Thursday, Tesla Inc CEO Elon Musk defended Tesla’s move into bitcoin, saying that owning bitcoin was only a little better than holding conventional cash but that the slight difference made it a better asset to hold. However, when fiat currency has a negative real interest, only a fool wouldn’t look elsewhere,” Musk said in […]

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