Bitcoin and crypto have a ‘Elon Musk problem’

CNN published this video item, entitled “Bitcoin and crypto have a ‘Elon Musk problem'” – below is their description.

When Elon Musk tweets, the crypto world listens. CNN’s Jon Sarlin explores the contradictions of crypto’s decentralized networks alongside the very central influence of one man.

#CNNBusiness #News

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About This Source - CNN

The video item below is a piece of English language content from CNN. CNN is an American news-based pay television channel owned by CNN Worldwide, a unit of the WarnerMedia News & Sports division of AT&T-owned WarnerMedia. CNN was founded in 1980 by American media proprietor Ted Turner as a 24-hour cable news channel.

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In This Story: Bitcoin

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

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In This Story: Elon Musk

Elon Reeve Musk FRS is a business magnate, industrial designer, engineer, and philanthropist. He is the founder, CEO, CTO and chief designer of SpaceX; early investor, CEO and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI.

He has hit the headlines for a number of reasons including; marriage to Grimes, being sued by a cave rescuer, involvement in the promotion of cryptocurrency – mainly Bitcoin and Doge.

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