Claim BonusJust-In: Elon Musk Accepts Jack Dorsey’s Invite to Discuss Bitcoin Adoption
Elon Musk has finally accepted Twitter CEO Jack Dorsey’s invite to discuss Bitcoin adoption and open-source development after early trolling. It all started with Jack Dorsey posting a link to ‘The ₿ Word,’ an initiative aimed and destigmatizing the mainstream narrative around Bitcoin and help institutions to understand how they can adopt it.
For the Bitcurious? Very well then, let’s do it 😉
— Elon Musk (@elonmusk) June 25, 2021
Musk had earlier tried avoiding the invite with his style of humor but came around to finally accept it.
Earlier today Musk took another shot at Bitcoin trolling Bitcoin maxis. He posted
“How many Bitcoin maxis does it take to screw in a lightbulb?”
“That’s not funny!” – Bitcoin maxis
— Elon Musk (@elonmusk) June 25, 2021
Musk’s Love-Hate Relationship With Bitcoin Continues
Musk has gone from being a Bitcoin hero to a Bitcoin villain within a quarter and since then his trolling spree has continued. Throughout all of this Musk has maintained that Tesla still holds its $1.5 billion Bitcoin purchase despite the decline in price by half.
Musk’s tweet has often led to a price fluctuation in the crypto market, something he has mocked as well. It all started with Tesla discontinuing the Bitcoin payment option within weeks of adding it, blaming the environmental concerns. However, Musk has maintained Tesla would reconsider once the BTC mining becomes greener.
Jack Dorsey’s view on Bitcoin is quite opposite of Musk’s, and he has said Bitcoin is one of the most important inventions in modern history. He had earlier said if needed he will leave both Square and Twitter for Bitcoin. While Musk is propagating for Proof-of-stake mining consensus over Bitcoin’s Proof-of-work, Dorsey beleive POS is more centralized and less secure.
The discussion between Musk and Dorsey could prove to be quite an event similar to the recent Twitter space discussion by El Salvador President Nayib Bukele with more than 23,000 crypto enthusiasts.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- China Tightens Stablecoin Rules as Bessent Urges Congress to Pass CLARITY Act to Keep Crypto Lead
- Bitget Launches ‘Fan Club’ Initiative In Bid To Strengthen Community Amid Crypto Crash
- BlackRock Signals More Selling as $291M in BTC, ETH Hit Coinbase Amid $2.5B Crypto Options Expiry
- Is Pi Coin Set for Kraken Listing? U.S. Exchange Adds Pi Network to 2026 Roadmap
- Top 5 Reasons Why BTC Price Is Crashing Non-Stop Right Now
- Solana Price at Risk of Crashing Below $50 as Crypto Fear and Greed Index Plunges to 5
- Pi Network Price Prediction Ahead of PI KYC Validator Reward System Launch
- XRP Price Outlook As Peter Brandt Predicts BTC Price Might Crash to $42k
- Will Cardano Price Rise After CME ADA Futures Launch on Feb 9?
- Dogecoin, Shiba Inu, and Pepe Coin Price Prediction as Bitcoin Crashes Below $70K.
- BTC and XRP Price Prediction As Treasury Secretary Bessent Warns “US Won’t Bail Out Bitcoin”
