Elon Musk says he ‘never said people should invest in crypto’, vows support for Dogecoin

Elon Musk says he ‘never said people should invest in crypto’, vows support for Dogecoin
фото показано с : invezz.com

2022-6-22 17:14

Tesla Inc. CEO Elon Musk has denied telling people to invest in crypto, but maintains he will continue to support Dogecoin.

In an interview with Bloomberg TV on Tuesday, the SpaceX CEO also confirmed his companies bought and still hold Bitcoin, although these holdings make only a small part of the companies’ total cash and assets.

 “Well I have never said that people should invest in crypto,” he told Bloomberg News Editor-in-Chief John Micklethwait during an appearance at the Qatar Economic Forum. He added:

In the case of Tesla, SpaceX and myself – SpaceX and Tesla did buy some bitcoin but it’s a small percentage of our total cash and cash assets. So it’s not all that significant. I also bought some dogecoin and Tesla accepts those coins for some merchandise and SpaceX the same.”

On Dogecoin, which has rallied in the past after some of Musk’s tweets – as it did this weekend – Musk said:

I will keep supporting Dogecoin

— Elon Musk (@elonmusk) June 19, 2022

I intend to personally support dogecoin because I just get a lot of people who are not that wealthy you know – who have encouraged me to buy and support those coins.”

Musk on why he supports DOGE

Elon Musk faces a class action lawsuit filed last week, alleging that Musk promoted a pyramid scheme. He did not comment on that,but said his suppport is because the DOGE community requested he does do.

While he acknowledges that the cryptocurrency, which sparked the meme coin craze last year, has suffered in the market as its price tanked, it’s still a valuable project.

I said I support Dogecoin and I’m doing that.”

Dogecoin price is up 12% in the past 24 hours and over 23% this past week.

The post Elon Musk says he ‘never said people should invest in crypto’, vows support for Dogecoin appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Dogecoin (DOGE) на Currencies.ru

$ 0.3218 (+0.09%)
Объем 24H $5.256b
Изменеия 24h: -3.37 %, 7d: -19.71 %
Cегодня L: $0.3104 - H: $0.3238
Капитализация $47.404b Rank 7
Цена в час новости $ 0.0618579 (420.22%)

support invest people crypto elon musk dogecoin

Источник: invezz.com

support invest → Результатов: 126


Фото:

Ripple Makes A $44 Million Joint Solar Energy Investment With Nelnet To Offset Crypto Industry’s Carbon Emissions

Blockchain-based payments firm Ripple has announced an eco-focused partnership with Lincoln, Nebraska-headquartered financial services provider Nelnet. Ripple, being the majority investor in the collaboration, will jointly invest $44 million into one of Nelnet’s clean energy investment divisions so as to fund solar energy projects across the United States to support the shift to a more […]

2021-10-12 17:20


Фото:

Tron Foundation Launches $300 Million Fund To Invest And Incubate GameFi Projects

Tron Foundation has invested $300 million into the Tron Arcade fund to promote the development of GameFi games that let players earn crypto while playing. The fund is invested in partnership with APENFT and WINKLINK and will support the development and utilization of these projects in the next three years. However, in addition to boosting […]

2021-8-11 00:34


Фото:

Kazakhstan Plans to Pump Over $700 Million in the Crypto Mining Sector

Kazakhstan cryptocurrency mining sector might be seeing a boost with the government looking to invest over $700 million in the sector. Kazakhstan’s Crypto Mining Industry Getting Government Support According to Reuters, the Digital Development Minister of Kazakstan, Bagdat Mussin, announced the government’s interest in investing $714 million in the crypto mining sector.

2020-9-3 23:00


gumi Cryptos, HashKey Capital invest in blockchain asset firm Tassat to drive Asia expansion

Tassat, a provider of financial infrastructure for the digital asset ecosystem, today announced investments from strategic Asian investors gumi Cryptos Capital and HashKey Capital. Their investments support Tassat’s strategy to extend its footprint to Asia and accelerate adoption by banks of its blockchain-based infrastructure solutions including rapid cross border payments and real-time treasury management using digital […] CryptoNinjas: gumi Cryptos, HashKey Capital invest in blockchain asset firm Tassat to drive Asia expansion

2019-12-17 09:25


CoinSwitch Review 2020 – A Look At Features, Fees, Security

CoinSwitch platform is the first cryptocurrency and altcoin exchange aggregator. It has integrated many leading exchanges across the globe to provide best exchange rates to its users. CoinSwitch is a cryptocurrency exchange providing the best way to invest in cryptocurrencies by aggregating all leading exchanges and comparing cryptocurrency prices in real time.

2019-11-19 02:31


After Clients Demands, Auditing Firm PwC To Start Accepting Crypto Payments In Luxembourg Branch

This Monday, one of the biggest auditing firm, PWC’s, Luxembourg office announced that they are going to be accepting crypto payments from clients from October 2019. The director of blockchain and crypto assets, Thomas Campione says that PwC could not continue to invest in the field, promote it, build solutions for clients and support their […]

2019-9-5 16:04


Facebook signs major partners for its cryptocurrency network and it still sounds terrible

Facebook has begun assembling a who’s who of big tech companies to back its soon to be unveiled cryptocurrency, GlobalCoin. The likes of Mastercard, Visa, Uber, and PayPal are all backing the social media giant’s upcoming digital coin due to be unveiled later this month, and officially rolled out next year, reports The Wall St Journal.

2019-6-14 11:49


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Elon Musk’s cryptic post sends Baby Doge towards its ATH

Baby Doge Coin (BABYDOGE) surged over 80% following a cryptic tweet by Elon Musk. The Tesla and SpaceX CEO shared a playful post with his son, sparking excitement across the meme coin ecosystem. This unexpected rally has positioned BABYDOGE near its all-time high (ATH), showcasing the power of online culture and community-driven tokens in driving […]