Elon Musk, CEO of Tesla openly expressed his desire to receive salary in cryptocurrency Bitcoin, is priced at 35,000 USD / dong.
In the Twitter post by writer Ben Mezrich that “I never refuse to receive a salary in Bitcoin again”, Elon Musk made the same opinion when answering “Me too”.
According to the FuturismIn Musk’s opinion, the second richest billionaire in the world wants to be paid in Bitcoin. This comment was posted after Bitcoin’s value crossed the mark 40,000 USDthe highest ever, equivalent to an increase of 1,000% in the past two years.
Elon Musk wants to be paid in Bitcoin. Photo: Pixabay.
However, just two days after Musk’s announcement, Bitcoin’s value fell 21%, the largest since March 2020, according to Bloomberg. Elon Musk Also no longer the richest person in the world when Tesla shares plummeted on Jan. 11.
Bitcoin’s strong growth has caused many experts to consider a bubble about to burst. The world’s most expensive cryptocurrency has increased in price by more than 300% in the past 12 months. Bank of America calls Bitcoin the “mother of all bubbles”.
“Regulators are increasingly concerned about risks related to cryptocurrencies, combining fraudulent activities, unlicensed businesses call on investors to make profits but do not talk about the potential risks” Said Laith Khalaf, financial analyst at securities firm AJ Bell.
After Bitcoin’s sharp decline, the UK Financial Authority (FCA) warned crypto buyers to be ready for the possibility of losing their investment assets.
“FCA captures the information that some businesses are investing in cryptocurrencies, providing loan services, investing with the promise of high profits”, FCA said that if they invest in these types of products, consumers should be prepared for the possibility of losing money.
Even so, even if Musk accepts Bitcoin and loses all his money, he will still have huge amounts of cash and stocks.
According to the Zing / Futurism
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