World's Richest Man Elon Musk May Never Fully Understand Bitcoin. Key takeaways.
31 Oct 2021, 08:00
World’s Richest Man Elon Musk May Never Fully Understand Bitcoin
Key takeaways
Elon Musk’s take on Bitcoin scaling has sparked criticisms towards the billionaire.Bitcoin proponents think Musk “may never understand Bitcoin.”There is still a lot of need to enlighten the befuddled about Bitcoin.The cryptocurrency space considers Elon Musk’s involvement in the industry to be very commendable, especially with the recent revelation made via Tesla’s September 3rd quarter SEC filing that there were plans for the electric vehicle company to resume accepting Bitcoin payments for its products and services.
Musk has however also been the subject of a lot of criticisms from Bitcoin proponents as from time to time, his opinions on issues that concern the leading cryptocurrency have been considered to show him as not having a well-grounded understanding of the crypto asset.