It contributes to the robustness of Bitcoin mining and making sure they're aren't exploits in the Bitcoin system.'' / Twitter BitcoinMagazine JUST IN - Elon Musk: ' Bitcoin is open source as well, which is good. June 17 (Reuters) - A Twitter video app for smart TVs is in the social media companys plans, owner Elon Musk said in a tweet on Saturday, a move that would be in line with the companys new. Musk also described himself as a “supporter of Bitcoin” during a talk on the social media site Clubhouse. Bitcoin Magazine on Twitter: 'JUST IN - Elon Musk: 'Bitcoin is open source as well, which is good. Musk previously dabbled with crypto at Tesla, with the company buying $1.5 billion in Bitcoin and announcing a plan to accept the cryptocurrency as a payment method in February 2021. Bitcoin or Dogecoin, the followers trust in Elon Musk spills over to the cryptocurrencies. “He’s been trying to disintermediate ACH his whole career,” she said, speaking about the electronic transfer system used by banks. People are buying crypto because Elon Musk, the worlds richest man, tweets cryptic endorsements of it, or because his company has purchased 1.5 billion. In October, after Musk assumed the CEO position at Twitter, Caitlin Long, the founder and CEO of crypto-focused Custodia Bank, told Fortune that Musk’s long-term goal is to disrupt the payments industry. While Musk said that fiat currency is the platform’s first priority, he has told people familiar with the plan that crypto functionality also could be added.Īdding payment tools would play into Musk’s long-term vision of building Twitter into a super app-he’s used the term “everything app”-such as WeChat, which includes everything from messaging to shopping to PayPal-like features. Tesla is using only internal & open source software & operates Bitcoin nodes directly.
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