Elon Musk Just Dropped the Bitcoin Bomb in Twitter... Again

Elon Musk just name-dropped Bitcoin once again on Twitter. The SpaceX and Tesla chief executive recently responded to Masie Williams’ question about Bitcoin with the comment:

This is not the first time he’s made a joke along these lines. Referencing his infatuation with the cryptocurrency Dogecoin, he previously tweeted “Toss a Dogecoin to ur Witcher.”

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These jokes are made in reference to the Witcher television show and one of its main songs, “Toss a Coin to Your Witcher.”

While Musk does joke about Bitcoin, he does think the cryptocurrency that the asset does have some intrinsic value. Responding to “Harry Potter” author J.K. Rowling who asked about Bitcoin, he wrote:

“Pretty much, although massive currency issuance by govt central banks is making Bitcoin Internet money look solid by comparison.”

He has also talked about the cryptocurrency in a similar context on earlier dates.

Read more:  Bitcoin Sellers are Starting to Disappear as Analysts Forecast Major Growth

Speaking to ARK Invest, the Wall Street alternative investment company, he said that the cryptocurrency is “brilliant” in structure. He did admit, though, that he thinks the cryptocurrency does have drawbacks in that it is extremely power intensive.

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