Elon Musk Vs Bitcoin – An Altruistic Crusade Or A Show Of Power?
Tesla Inc and Space Exploration Technologies Corp. (SpaceX) chief executive officer Mr. Elon Musk’s recent comments against the cryptocurrency bitcoin seemed to have caused its price to drop once again. Musk’s announcement that Tesla would suspend its policy of accepting Bitcoin for vehicle purchases combined with the Chinese government’s stringent measures against the currency caused Bitcoin to drop to record lows last month.
Musk then resumed his comments against Bitcoin earlier this week when…