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Tesla CEO Elon Musk tweeted his support for crypto over fiat money on Saturday, with Bitcoin prices rising on the …
Good Subscriber Account active since Tesla CEO Elon Musk tweeted his support for crypto over fiat money on Saturday, with Bitcoin prices rising on the sentiment. « The true battle is between fiat and crypto, » Musk tweeted in response to a Twitter user asking him what he thinks about people who are « angry at him because of crypto. » « On balance, I support the latter. » Fiat money, which is the kind of currency used by most modern economies, is not backed by a physical commodity like gold.
