According to The Block, Tesla CEO Elon Musk and Ark Invest CEO Cathie Wood discussed the potential impact of Bitcoin on the financial system in an online dialogue on X platform on Friday, the 22nd. Musk stated that he does not spend much time thinking about issues related to cryptocurrency, and almost never thinks about them.
However, Musk admitted that he has long been thinking about money and the nature of money. He said:
Musk stated that he applies theories of information systems to monetary issues, treating the monetary system as an information system. He expressed:
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