It is no secret that Elon Musk is a fan of Bitcoin and blockchain technology. In fact, he has even gone as far as to say that he believes that Bitcoin and blockchain could create the “fourth industrial revolution”. Given this, it is not surprising that there is a lot of speculation about how much […]
What Did Elon Musk Do To Bitcoin
What did Elon Musk do to Bitcoin? In a tweet on August 7, 2018, Elon Musk proclaimed that he was “going to create a bitcoin competitor” called “bitcoincash”. This announcement sent the price of bitcoin tumbling, as investors reacted to the potential threat of a new, well-funded competitor. It is not clear what Musk plans […]
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