01-27-2020, 11:04 AM
Tesla’s CEO may be constantly cryptic on his attitudes toward crypto, but this week, we got a little insight into Elon Musk’s thinking. On a podcast, the billionaire said he’s “neither here nor there on Bitcoin,” acknowledged Satoshi’s white paper was “pretty clever,” and warned his stance on cryptocurrencies often “gets the crypto people angry.” Musk added: “You must have a legal to illegal bridge. So, where I see crypto is effectively as a replacement for cash. I do not see crypto being the primary database [for transactions].” Musk has been known to write short tweets about crypto that were widely interpreted as jokes. Last year, he unexpectedly declared himself as the new CEO of Dogecoin — a gesture that helped the joke coin clock short-lived gains of 35%.....