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Topic: Elon Musk is Opening The Pandora Box - page 2. (Read 249 times)

mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
February 09, 2021, 12:52:20 AM
#5
It definitely brought a lot more reputation to Bitcoin and I could guarantee that some skeptics became convinced. What better way for a controversial technology to gain reputation than literally one of the best tech people of our age being bullish on it?

Right now, there is that rumor for Apple to also do the same thing.
It's just more of speculation that rumor.
legendary
Activity: 3472
Merit: 10611
February 09, 2021, 12:14:00 AM
#4
Such is the power of influence that Elon Musk is having in his fingertips, literally and figuratively. So do you think that this scenario can be possible - the coming in of more corporate buyers into Bitcoin?
Well he is speeding up the adoption that was already happening, things like this also remove a decade worth of FUD from the minds of a lot of regular people who used to hear all kinds of lies about bitcoin every day. When adoption grows, there are more "customers" hence there are more "companies" accepting bitcoin as payment.
We are now running out of time to improve our scaling solutions for bitcoin.
full member
Activity: 2142
Merit: 183
February 08, 2021, 11:52:07 PM
#3
 It is possible that this move by Elon Musk and Tesla will push other large business structures to invest in bitcoin and other types of decentralized cryptocurrency. It is hardly appropriate to compare this with the Pandora's box, which is associated with a big step towards the apocalypse of our world. On the contrary, this is a good opportunity for a sharp increase in cryptocurrency liquidity, which it has lacked so much lately.
hero member
Activity: 938
Merit: 502
February 08, 2021, 10:50:47 PM
#2
It's true. The Pandora Box is opened.

Now I imagine every second Musk follower discussing or checking what Bitcoin is and at least one of ten companies considering following him and Tesla. To the moon!
member
Activity: 1218
Merit: 49
Binance #Smart World Global Token
February 08, 2021, 10:07:04 PM
#1


The entrance of Tesla - the very company that is always associated with Elon Musk -- into Bitcoin catapulted the coin into another new ATH at the moment and there is that possibility that soon we can finally see BTC breaking the $50K zone.

With the announcement of the investment of $1.5 Billion into Bitcoin and maybe accepting the coin as payments for its products and services, Elon Musk and Tesla can be opening the big Pandora box for other big corporate entities especially in the USA to also join the fray. Right now, there is that rumor for Apple to also do the same thing.

Such is the power of influence that Elon Musk is having in his fingertips, literally and figuratively. So do you think that this scenario can be possible - the coming in of more corporate buyers into Bitcoin?
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