Home Technology Does Elon Musk Prefer Ethereum Over Other Cryptocurrencies?


Does Elon Musk Prefer Ethereum Over Other Cryptocurrencies?

Tesla CEO Elon Musk as of late tweeted about Ethereum. Furthermore, it made it the second time in a month he tweeted about a digital currency.

After Bitcoin, Ethereum is presently the world’s second biggest cryprocurrency by market capitalisation.

Musk pursued his tweet by another phrase “jk” or “simply joking”. It was perhaps to abstain from getting into inconvenience after he consented to have his tweets checked by a securities legal advisor.

Twitter recently blocked Musk’s account after he had tweeted about Bitcoin. Moreover, it was on the grounds that the platform thought the account was hacked.

Musk as of late had a settlement with the US showcase controller Securities and Exchange Commission (SEC). It was after he had been pulled up over a tweet where he asserted he had subsidizing to take Tesla private.

Ethereum fellow benefactor Vitalik Buterin answered to Musk’s tweet, saying the Tesla CEO ought to have gone to the Ethereum engineer’s meeting in October.

In a clearly clever answer, Musk asked Buterin to “stop giving away free ETH.”

Following the agreement, Bloomberg’s Matt Levine wrote. “If I were the SEC I would probably have pushed to add a requirement in the amended settlement to the effect of. However, if Musk is going to tweet a joke about Tesla, he has to add a smiley face or a “j/k” or a “lol” to the end of it. Again, this is an absolutely terrible rule for life, or comedy. It really kills the joke. And I can see why Musk would be concerned with the aesthetics of his Twitter comedy. But the SEC probably shouldn’t be!”

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