Elon Musk: Bitcoin is on the Verge of Seeing Broader Acceptance by Finance

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Elon Musk: Bitcoin is on the Verge of Seeing Broader Acceptance by Finance

Photo: Coin Telegraph

(Coin Telegraph) - Bitcoin is on the verge of seeing broader acceptance, Elon Musk, the chief executive officer (CEO) of Tesla, said in a Clubhouse conversation on Feb 1.

Clubhouse is an exclusive audio chat social media platform that is invite-only. Members can join various conversations, akin to an online private conference.

On Jan 29, Musk put the word “Bitcoin” in his Twitter bio, causing the price of BTC to rally by more than 14% in 30 minutes.

After the occurrence, Bitcoin investors and enthusiasts were highly anticipating positive comments about crypto, in general, from Musk.

As Coin Telegraph reported, prominent Bitcoin investors such as billionaire Tim Draper have been asking Musk and his businesses such as Tesla to accept Bitcoin directly, which would give Bitcoin a massive boost in global awareness. 

Read more from the original article here.

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