Elon Musk stated: "I’m not selling cryptocurrency."

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U.In the present day – Serial tech entrepreneur Elon Musk took half in immediately's X Takeover podcast hosted by the Tesla (NASDAQ:) proprietor's Silicon Valley account. The occasion was held on Musk's X social media platform. Parts of the video have been reposted by numerous energetic members of the DOGE military on the identical app.

Through the podcast, Musk answered questions on what he's fascinated with now and a couple of YouTube video he made two years in the past by which he talked about Bitcoin.

Musk's views on Bitcoin and the promotion of cryptocurrencies

When requested about his present views on the world's main cryptocurrency, Musk stated he believes “Bitcoin and perhaps different cryptocurrencies have benefit.” The tech mogul admitted he has an affinity for the unique meme cryptocurrency, Dogecoin, as a result of he likes “canine and memes.”

Musk, nonetheless, made it clear that he has no intention of selling cryptocurrencies — any cryptocurrency — however added that he would do it “in jest” at finest. He additionally stated that if anybody sees a video of him selling cryptocurrencies, it's a deepfake.

Maybe taking this as a tongue-in-cheek advert for DOGE, a few of the major Dogecoin navy accounts began reposting Musk's assertion together with a meme that includes a snippet from the animated movie The Lion King.

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DOGE is the one cryptocurrency Musk really helps

The Tesla CEO stays a giant fan of Dogecoin, as is obvious from the podcast, despite the fact that he hasn't posted about it on X lately. Nonetheless, Tesla and SpaceX proceed to just accept DOGE for purchases of their on-line shops, and Musk remains to be planning to launch the lunar mission DOGE-1.

Prior to now few years, when Musk was tweeting extra ceaselessly about his canine coin, his tweets had been in a position to ship DOGE costs hovering. However since then, his energy to affect the coin's worth has weakened considerably. As U.In the present day reported final week, Elon Musk's X Platform has eliminated hashmojis for Bitcoin and different cryptocurrencies, and hashmojis not seem when including cryptocurrency hashtags.

This text was initially revealed on U.In the present day