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A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
53222 Members
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© 2020 Relevant Protocols Inc.
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>"The Tesla CEO said fiat money had a negative real interest and only “fools” wouldn’t look at other assets, such as Bitcoin."
>"The Tesla CEO said fiat money had a negative real interest and only “fools” wouldn’t look at other assets, such as Bitcoin."
Tesla CEO Elon Musk said today that corporations had a better edge holding Bitcoin than cash in today’s low-interest-rates environment. The comment came on a tweet to a Bloomberg video that referenced Tesla’s recent $1.5 billion purchase of Bitcoin earlier this month. “Having some Bitcoin, which is simply a less dumb form of liquidity than cash, is adventurous enough for an S&P500 company,” Musk said.
Tesla CEO Elon Musk said today that corporations had a better edge holding Bitcoin than cash in today’s low-interest-rates environment. The comment came on a tweet to a Bloomberg video that referenced Tesla’s recent $1.5 billion purchase of Bitcoin earlier this month. “Having some Bitcoin, which is simply a less dumb form of liquidity than cash, is adventurous enough for an S&P500 company,” Musk said.
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