Here’s what Tesla CEO Elon Musk said about crypto that drove up bitcoin, ethereum prices

CNBC Television published this video item, entitled “Here’s what Tesla CEO Elon Musk said about crypto that drove up bitcoin, ethereum prices” – below is their description.

Tesla and SpaceX CEO Elon Musk spoke on a panel at The B Word conference, an event hosted by the Crypto Council for Innovation, about his ownership of bitcoin, dogecoin and ethereum and why he believes in the future of cryptocurrency and decentralized finance.

CNBC Television YouTube Channel

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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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A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

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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.

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