Main navigation

Here's What Bitcoin Maxis Would Love Elon Musk to Do, David Gokhshtein Believes

Advertisement
Mon, 26/12/2022 - 11:27
Here's What Bitcoin Maxis Would Love Elon Musk to Do, David Gokhshtein Believes
Cover image via www.youtube.com

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.

Read U.TODAY on
Google News
Advertisement

Founder of Gokhshtein Media, former U.S. congressional candidate and now crypto influencer David Gokhshtein, took to Twitter on Christmas Day to talk Bitcoin and Elon Musk's possible role in its future rise with his army of followers.

Elon Musk's Tesla pushed BTC to ATH once, can they do it again?

Gokhshtein tweeted that Bitcoin maximalists would give anything to see the boss of Tesla and Twitter convert all of his assets into the flagship digital currency.

Last year, Elon Musk revealed in one of his tweets that he owns Bitcoin, "a little bit of Ethereum and of course Dogecoin."

Advertisement

This was before Tesla announced that it had bought $1.5 billion worth of the major digital currency on the crypto market in January 2021. The company also announced back then that it would begin to accept BTC as payment for its luxurious e-cars. However, a few months later, Musk canceled that option due to concerns about the controversial role of Bitcoin's proof-of-work mining in global environmental issues.

Still, this purchase of BTC by the Tesla giant was one of the main factors that pushed Bitcoin toward its $58,668 all-time high in March 2021. Musk stated that Tesla would resume accepting BTC as soon as 50% of miners started using renewable sources of energy.

Related

Are Bitcoin maxis placing their hopes on Elon Musk?

Despite the fact that Musk promised that his e-car producing company would keep BTC on its balance sheet, in July this year, as U.Today reported, Tesla sold nearly all of its Bitcoin for slightly under $1 billion.

Now, according to David Gokhshtein, Bitcoin maxis believe that if Musk converts all his assets into BTC, the price may jump, perhaps reaching a new all-time high or at least leveling with the one near $69,000 reached in November last year.

At the time of this writing, the leading digital asset is changing hands at $16,869; that is a whopping 75.50% below last November's historic peak.

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD