Elon Musk: ‘I Have Never Said People Should Invest In Crypto’

My1sttoday Finance — Elon Musk: ‘I have never said people should invest in crypto’. The world richest person have said publicly, he never told anyone to buy cryptocurrencies.

Elon Musk was interviewed at the Qatar Economic Forum, touching on the topic of crypto.

Specifically, Musk denied ever saying that people should invest in crypto but confirmed having some investment in Bitcoin and other cryptocurrencies, speaking with Bloomberg News Editor-in-Chief John Micklethwait on June 21st. Musk explained…

  • “I have never said that people should invest in crypto. In the case of Tesla, SpaceX, myself, we all did buy some Bitcoin, but it’s a small percentage of our total cash assets.”

Elon Musk: ‘I Have Never Said People Should Invest In Crypto’
Elon Musk/Getty Images

Musk also reiterated his support for the dog meme cryptocurrency Dogecoin, stating that..

  • “I said I support dogecoin. And I’m doing that.”

After it briefly traded below $19,000 on Saturday, Bitcoin is back above the $20,000 mark and trading at $21,100 currently, which is an increase of 3.7%, according to CoinMarketCap and CoinGecko data.

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