On February 21, Elon Musk shared a youtube video titled, ” BITCOIN EXPLAINED”!
Elon Musk believes that owning bitcoin is only a little better than holding conventional cash, but that slight difference made it a better asset to hold.
In a tweet, he said, “However, when fiat currency has a negative real interest, only a fool wouldn’t look elsewhere,” he added, “Bitcoin is almost as bs as fiat money. The keyword is ‘almost’.”
Cryptocurrency explained https://t.co/kUXaXx8a1R
— Elon Musk (@elonmusk) February 20, 2021
Not everybody understands Bitcoin or Cyptocurrency or even it’s importance in the market. To make it easier to understand, he today, shared a video on Twitter that explains how bitcoin works and how valuable it is in the near future. Urging people to start investing today for a simpler future.
