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: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
  • 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: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

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

ada-price-holds-0-80-snorter-presale-surges-2025-surprise-tw

ADA今日價格守住0.80美元關鍵支撐 Snorter預售爆紅成2025最大驚喜?

在萬物皆跌的加密世界裡,ADA試圖守住0.80美元的支撐,這不是一次技術上的死撐,而是信念與市場心理之間的拉鋸。自從跌破1美元後,Cardano被許多人貼上了過氣公鏈的標籤,即便它曾在牛市頂峰站上3....

Kelvin Lee 3 hours ago
Solana SOL SOLUSD

Solana Price Tightens Near $200 While Adoption and Treasuries Challenge Bitcoin

Solana (SOL) has entered a crucial zone as the price tightens near the $200 support level. The recent pullback in...

James Halver 3 hours ago
bitcoin

Bitcoin Market Sees Over 73,000 BTC Influx Into Wallets Younger Than 1 Month – Is A Rally Near?

As Bitcoin (BTC) continues to trade in the low $110,000 range, on-chain data shows that a fresh wave of demand...

Ash Tiwari 4 hours 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

Solana

Solana DATs Arrive In Australia: Fitell Corporation Announces $100M SOL Treasury Strategy

Rubmar Garcia 1 hour ago
Bitcoin

Bitcoin Dip-Buy Calls Spike: Why This Could Actually Be Bearish

Keshav Verma 2 hours ago
Bitcoin Price Struggles Under Resistance

Bitcoin Price Struggles Under Resistance – Will Bulls Fail and Bears Take Control?

Aayush Jindal 2 hours ago

Premium Sponsors

Press Releases

  • Az altcoin szezon itt van. Ez a három tényező hajthatja a bikapiacot

    Az altcoin szezon itt van. Ez a három tényező hajthatja...

    8 hours ago
  • Sezon na altcoiny już tu jest. Te trzy czynniki mogą napędzać hossę

    Sezon na altcoiny już tu jest. Te trzy czynniki mogą...

    10 hours ago
  • Sezonul altcoin este aici. Acești trei factori sunt văzuți ca motoare ale raliului

    Sezonul altcoin este aici. Acești trei factori sunt...

    13 hours ago
  • ドージコイン 今後の価格予測:ウォールストリートが注目する「1ドル圏」への道

    ドージコイン...

    15 hours ago
  • Сезонът на алткойните е тук. Три фактора се очаква да задвижат ралито

    Сезонът на алткойните е тук. Три...

    15 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.