Elon Musk’s Comments ‘Net Good’ for Bitcoin, Says Lolli CEO

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  • Bloomberg Technology published this video item, entitled “Elon Musk’s Comments ‘Net Good’ for Bitcoin, Says Lolli CEO” – below is their description.

    Jun.04 — Alex Adelman, co-founder and CEO at Lolli, a Bitcoin rewards startup, says Elon Musk is driving attention to the cryptocurrency and any “eyeballs” coming to Bitcoin are “net good” for the space. He speaks with Emily Chang on “Bloomberg Technology.”

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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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    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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