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Elon Musk Makes Hilarious Comment About Bitcoin's Genesis Block

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Mon, 3/01/2022 - 20:02
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Elon Musk Makes Hilarious Comment About Bitcoin's Genesis Block
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Tesla CEO Elon Musk has taken note of the 13th anniversary of Bitcoin’s genesis block in a reply to former Twitter CEO Jack Dorsey tweeting the code that marked the beginning of the world’s first blockchain.

Musk says that it reminds him of hexing an edited version of “Ultima V: Warriors of Destiny,” a popular role-playing video game that was released back in March 1988.

In August 2016, Musk tweeted that Ultima V was one of his favorite childhood games.

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Image by twitter.com

Some gamers typically use a hex editor, a program for manipulating the fundamental binary data, in order to enable cheats for PC games.

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A trillion-dollar asset

The first Bitcoin block was mined on Jan. 3, 2009, by pseudonymous founder Satoshi Nakamoto.  

The flagship cryptocurrency has come a long way since then. Last February, Bitcoin topped the $1 trillion mark for the first time.

The world’s oldest cryptocurrency has experienced strong institutional adoption in 2021, with traditional financial institutions finally recognizing it as a standalone asset class.

The U.S. Securities and Exchange Commission also greenlit the very first Bitcoin futures-based exchange-traded fund in October.

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Musk says he didn’t create Bitcoin   

As reported by U.Today, Elon Musk recently reiterated that he wasn’t Satoshi amid renewed rumors about his possible involvement in creating Bitcoin.

The Tesla CEO also named cryptographer Nick Szabo as his top Satoshi candidate.

Musk has repeatedly taken aim at Bitcoin’s scaling issues, recently describing its speed as “comically low.”

The centibillionaire believes that Dogecoin is a better fit for day-to-day payments.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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