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Elon Musk and Cathie Wood, who organized a Twitter Spaces event on cryptocurrencies, made important statements about Bitcoin after the approval of Bitcoin Spot ETFs by the SEC. At the event, CEO Cathie Wood asked Elon Musk if BTC would be used on the X infrastructure.
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Elon Musk stated that he is open to the idea of using Bitcoin on X but that he thinks very little about BTC in everyday life. This statement by Musk is not the first; he had made similar statements about cryptocurrencies before.
Musk, who had previously stated that he thought very little about cryptocurrency technology, had been in the news when his company Tesla sold electric cars with BTC in recent years. However, Musk stopped these sales, citing environmental concerns.
On the other hand, Wood, who participated in Musk’s event, is known as a staunch BTC bull. Ark Invest, of which Wood is CEO, had its Bitcoin Spot ETF application approved by the SEC today.
This Twitter Spaces event, held after the cryptocurrency market has enjoyed significant success in recent years, gave important clues about developments in the industry. Following the thoughts of important figures in the cryptocurrency world such as Elon Musk and Cathie Wood means gaining important information about the industry.