NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%

Elon Musk Just Dropped the Bitcoin Bomb On Twitter, Again

Nick Chong
Nick Chong
1 year ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

On Friday morning, Elon Musk dropped a Bitcoin Bomb on Twitter… again. In an innuendo-filled tweet, the chief executive of both SpaceX and Tesla joked that Bitcoin is “*not* my safe word.” (If you don’t know what “safe word” means, please search it up.)

Bitcoin is *not* my safe word

— Elon Musk (@elonmusk) January 10, 2020

Musk’s tweet has already gone viral by Crypto Twitter standards, garnering 13,000 likes as of the time of writing this, and gaining hundreds of more likes per minute as time passes.

This tweet, due to it coming straight out of left field, has unsurprisingly riled up the cryptocurrency community.

Bitcoin 2020, the Twitter account for the event by the same name, responded to Musk’s random tweet with a thinking emoji, to which the billionaire tech entrepreneur responded with a winky face.

The Moon, a popular cryptocurrency analyst, took the tweet as an opportunity to promote Bitcoin to Musk’s 30 million followers. He replied to Musk’s quip by posting his thesis on what makes BTC valuable.

And Peter McCormack, a prominent Bitcoin industry podcaster, tried to poke Musk into joining him on his podcast.

The price of Bitcoin hasn’t reacted to this tweet. If Musk tweeted “buy BTC,” maybe that would’ve been a different story, but he seemingly can’t do that due to his previous tweets, such as the infamous “Taking Tesla Private at $420” tweet.

Am considering taking Tesla private at $420. Funding secured.

— Elon Musk (@elonmusk) August 7, 2018

Musk Loves Bitcoin

While often referring to Bitcoin and other cryptocurrencies in jest — he joked he was the chief executive of Dogecoin during April Fool’s Day in 2019 and once randomly tweeted “Ethereum” — Musk is a bonafide fan of the technology behind Bitcoin and other digital assets.

Per previous reports from NewsBTC, in a podcast with ARK Invest, Musk said that he thinks Bitcoin’s structure is “quite brilliant,” before adding that Ethereum and “maybe some of the others” have merit too. Musk did admit, however, that he isn’t too enamored with Bitcoin’s Proof of Work (PoW) consensus mechanism, noting that it is an energy-intensive process.

Despite his concerns, the PayPal co-founder noted that Bitcoin and its ilk are great as they bypass currency controls, especially in nations embroiled in financial and political turmoil, like Venezuela. He added that cryptocurrencies are also a “far better way to transfer value than pieces of paper,” subsequently quipping that he’s sure of this “without a doubt.”

The Tesla chief executive has also been spotted holding a Bitcoin-related book at a conference, though it is unclear whether or not he was reading it.

Featured image from Shutterstock
Tweet123Share196ShareSend
Nick Chong
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Dormant Bitcoin Moves Align With Recent Price Reactions: 7,547 BTC Awakens

Bitcoin Risk Index Signals Stability: All Eyes On Fed Decision

Bitcoin is trading above the $115,000 mark as markets brace for tomorrow’s critical decision from the US Federal Reserve. This...

Sebastian Villafuerte 1 hour ago
한국, 벤처기업 제한업종서 암호화폐 해제… 프리세일 수혜주로 페페노드 관심 집중

한국, 벤처기업 제한업종서 암호화폐 해제… 프리세일 수혜주로 페페노드 관심 집중

한국 정부가 9월 16일부터 벤처기업을 대상으로 한 암호화폐 관련 규제를 해제한다. 이에 따라 벤처기업들은 보다 손쉽게 자금 조달 경로를 확보하고 세제 혜택을 누릴 수 있게 됐다....

Soyeon Lee 1 hour ago
Gemini and SEC Settlement Sparks Buzz Around the Next Crypto to Explode

Gemini and SEC Settlement Sparks Buzz Around the Next Crypto to Explode

The crypto world just got some rare good news. After years of fighting, Gemini and the SEC have finally agreed...

Aaron Walker 1 hour ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Gold Bug Peter Schiff Calls Bitcoin’s Rally Overdone

Christian Encila 9 minutes ago
dOGECOIN

Imetniki Dogecoina in Pepeja se obračajo k Pepenode

tanjapotocnik 44 minutes ago

Ethereum Rischia Prese di Profitto a Settembre Nonostante l’Aumento di 638 Milioni di Dollari negli ETF

clararosati 1 hour ago

Premium Sponsors

Press Releases

  • Masivna spaljivanja tokena nastavljaju se u Wall Street Pepe – nestalo već 3,6 milijardi WEPE i brojka raste

    Masivna spaljivanja tokena nastavljaju se u Wall Street...

    2 hours ago
  • bitcoin price

    Đợt Bull Run Tiếp Theo Có Thể Đưa Giá Trị Lên...

    2 hours ago
  • cheap altcoins

    Top 4 Các Đồng Coin Tiềm Năng Đang Presale Đáng...

    2 hours ago
  • meme coin solana

    Altcoin Hàng Đầu Nên Mua Khi Giá Solana Gần Chạm...

    3 hours ago
  • ドージコイン 今後予測:価格チャートが示唆する急上昇と$1への道

    ドージコイン...

    3 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.