Jan. 29: Musk provides ‘#bitcoin’ to his Twitter bio, main to a 14% surge within the value of the most important cryptocurrency. The billionaire has since taken the tag off.
In January, complete market worth of all cryptocurrencies reached greater than $1 trillion for the primary time.
Feb. 1: In a chat on social media app Clubhouse, Musk says, ‘I’m a supporter of bitcoin.’ He mentioned bitcoin was ‘on the verge of getting broad acceptance’ by standard finance individuals. Musk added that he was ‘somewhat gradual on the uptake’ and will have purchased it years in the past.
Feb. 4: Musk tweets ‘Doge’, in reference to a cryptocurrency primarily based on a well-liked web meme. He later tweeted, ‘Dogecoin is the individuals’s crypto.’ and ‘I’m develop into meme, Destroyer of shorts.’ Dogecoin surged greater than 60%.
With a market worth of round $10 billion, Dogecoin turns into the eight-biggest cryptocurrency.
Jan. 10: Musk tweets, ‘Bitcoin is *not* my secure phrase.’ (https://bit.ly/3oTVmmI)
Dec. 20: Musk tweets, ‘Bitcoin is my secure phrase.’ The Tesla chief later tweeted, ‘Just kidding, who wants a secure phrase anyway!?’
Dec. 20: On a Twitter trade with Michael Saylor, chief government officer of MicroStrategy Inc, who can be an advocate of digital foreign money, Musk asks concerning the chance of changing ‘massive transactions’ of Tesla Inc steadiness sheet into bitcoin.
Feb. 19: Musk says Tesla would keep away from cryptocurrencies, regardless of calling Bitcoin’s construction ‘good’. ‘I don´t assume it will be a superb use of Tesla´s sources to become involved in crypto,’ he mentioned in a podcast.
Feb. 20: In a podcast, Musk says paper cash is ‘going away’ and cryptocurrencies could be a greater means to switch worth.
Feb. 21: Musk tweets, ‘I nonetheless solely personal 0.25 BTC, which a good friend despatched me a number of years in the past. Don’t have any crypto holdings.’
Feb 22: When requested about spamming by one of Musk´s Twitter followers, he says “I literally own zero cryptocurrency, apart from .25 BTC that a friend sent me many years ago.”
Oct 23: Musk feedback on the cryptocurrency rip-off through which hackers stole about $180,000, posing as him on the micro-blogging web site, “Twitter thought I got hacked & locked my account haha.”
Oct 20: News studies reveal The Boring Company, Musk´s underground tunneling enterprise, was not accepting funds in bitcoin for its widespread flamethrowers, opposite to what was reported by a number of information web sites a day earlier.
Nov 27: A former intern at SpaceX claims Musk was Bitcoin creator Satoshi Nakamoto. Musk in response says it was not true and “a friend sent me part of a BTC a few years, but I don’t know where it is.”