{"id":15653,"date":"2024-07-29T19:58:39","date_gmt":"2024-07-29T16:58:39","guid":{"rendered":"https:\/\/forklog.com\/en\/elon-musk-vows-not-to-promote-cryptocurrencies\/"},"modified":"2024-07-29T19:58:39","modified_gmt":"2024-07-29T16:58:39","slug":"elon-musk-vows-not-to-promote-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/elon-musk-vows-not-to-promote-cryptocurrencies\/","title":{"rendered":"Elon Musk Vows Not to Promote Cryptocurrencies"},"content":{"rendered":"<p>Tesla and SpaceX CEO Elon Musk has stated he does not intend to promote cryptocurrencies, except perhaps &#8220;in jest.&#8221; He made this remark during the X Takeover podcast.<\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Elon Musk INTERVIEW at X Takeover: A MUST-SEE MOMENT\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/tEkRY8TG2BU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div>\n<\/figure>\n<p>Sharing his views on Bitcoin, he noted that the first cryptocurrency and possibly some others have &#8220;their merits.&#8221; The billionaire also admitted a fondness for Dogecoin (DOGE), as he enjoys &#8220;dogs and memes.&#8221;<\/p>\n<p>However, he made it clear that if anyone finds a video of him &#8220;pumping&#8221; any digital asset, it is a deepfake.<\/p>\n<p>Musk also urged people to &#8220;double-check whether&#8221; purported statements by him regarding cryptocurrencies or platforms, quoted on X, &#8220;are true.&#8221;<\/p>\n<p>Through his actions on social media, its current owner has repeatedly triggered surges in Dogecoin. In February 2023, the meme cryptocurrency&#8217;s price reacted to a series of Musk&#8217;s tweets featuring his dog Floki. <\/p>\n<p>In April, the coin&#8217;s price momentarily rose by 25% after the social network&#8217;s logo was changed to the mascot image of the asset. The return of the blue bird to its original place led to an 8% drop in DOGE.<\/p>\n<p>Later, Musk placed a &#8220;\u00d0&#8221; in his profile description, causing a 9% spike in the meme cryptocurrency&#8217;s quotes.<\/p>\n<p>Tesla and SpaceX hold bitcoins on their balance sheets. In January 2024, the entrepreneur <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musk-considers-bitcoin-for-martian-economy\">suggested<\/a> the use of digital gold as a currency on Mars.<\/p>\n<p>Back in June, users discovered a deepfake on YouTube featuring Musk giving away &#8220;free bitcoins.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla and SpaceX CEO Elon Musk has stated he does not intend to promote cryptocurrencies, except perhaps &#8220;in jest.&#8221; He made this remark during the X Takeover podcast. Sharing his views on Bitcoin, he noted that the first cryptocurrency and possibly some others have &#8220;their merits.&#8221; The billionaire also admitted a fondness for Dogecoin (DOGE), [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1217],"class_list":["post-15653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-elon-musk"],"aioseo_notices":[],"amp_enabled":true,"views":"34","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=15653"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15653\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/15652"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=15653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=15653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=15653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}