Which Cryptocurrency Does Elon Musk Support

Jill Lepore a historian at Harvard University suggests Musk was shaped by his adolescent love of.

Which cryptocurrency does elon musk support. Tesla and Spacex CEO Elon Musk has raised concerns with cryptocurrency exchange Binance about its dogecoin issue. Let us get back to what we already know and everything shows us that Elon Musk is not linked to the Dogelon Mars project in any way. What is he trying to achieve and who does he want to be.

Elon Musk is known for his cryptic mini-tweets but in a rare switch the Tesla and SpaceX CEO elaborated on his support for Dogecoin while also clarifying that he doesnt own any Shiba Inu tokens. He supports policies such as universal basic income and a tax on carbon emissions and opposes some government subsidies though his companies. Musk shared his perspective on Chinas most recent cryptocurrency ban at the Code Conference that took place on September 28.

Indeed Elon Musk is tweeting today that Web 30 sounds like bs Alongside this astute statement Musk called the explosion of blockchain. Dont listen to the propaganda elonmusk The systems we have now are WAY WAY WAY worse for the environment than cryptocurrency. However its not the first time Elon Musk tried to uplift the Dogecoin price above the resistance levels.

174 replies 339 retweets 3597 likes. No doubt the price reacted positively. Elon Musk certainly has a good analysis and it is proven that when he invests in bitcoin now he is the richest person in the world if he says 69k and looking at the current price it is certainly very easy to achieve especially since we got new ATH at 66900 2 days ago although the market dropped again but Im sure the price of 69 can be achieved in this October.

Within the context of American politics Musk is not explicitly partisan and has donated to politicians from both major parties. In his most recent tweet Elon Musk stood up for the Dogecoin community and called out Binance centralized exchange CEO Changpeng Zhao asking about the Doge situation. For now investors should enjoy the ride.

Elon Musk has revealed the real reason he supports the meme cryptocurrency dogecoin. Musks tweet is most likely tied to the most recent problems that Doge users had with Binance that limited the withdrawal of the meme-based cryptocurrency. The tech moguls comments came after the worlds largest thater chain announced that it could begin accepting.