Elon Musk: Bitcoin is on the verge of mass adoption

The richest man in the world believes that Bitcoin will soon gain massive acceptance in the financial system.

Induring a private audio chat on Clubhouse, Musk shared his thoughts on Bitcoin. 

Recall that on January 29, Musk posted the word “Bitcoin” in his Twitter profile header, as a result of which the price of BTC increased by 18% in half an hour. 

When asked about Bitcoin during the conversation, Tesla and SpaseX CEOs stated:

I really think Bitcoin – useful thing. I am one of the Bitcoin supporters. I think it will soon gain widespread acceptance in the world of traditional finance.

There used to be several well-known BTC investors, includingincluding billionaire Tim Draper, suggested Musk to directly accept payment in BTC for Tesla cars. According to crypto enthusiasts, such a move will give a huge boost to Bitcoin adoption.

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Based on materialscointelegraph.com