Elon Musk Thinks Crypto Could Be Earth’s Future Currency

Elon Musk, the richest man in the world and the Chief Executive Officer (CEO) of the famous electric car company Tesla, recently pumped up the price value of the world’s largest digital currency, Bitcoin (BTC) and Dogecoin (DOGE) with his talks. Now, he has once again presented his point of view regarding digital currencies. His thoughts regarding cryptocurrencies are optimistic. He said that cryptocurrency is likely going to become Earth’s future currency.

Recently, he spoke with his fans in Loss Angeles (LA), where he clarified his thoughts about digital assets. His fans asked for his stance about cryptocurrencies. In response to this question, he said that he believes cryptocurrency has a good chance to turn into Earth’s future currency.

The Hollywood Fix originally posted this clip, and it was taken on Friday night in front of BOA Steakhouse, a restaurant in Los Angeles. Tesla CEO spoke positively about digital currencies when he was busy signing autographs for his fans.

Though Musk said that cryptocurrencies might become the future currency of the world, he did not mention which particular digital asset that would be.

Elon Musk seems to be taking an interest in the cryptocurrency world as he remained active on Twitter regarding some digital assets over the recent few days. Recently, he even changed his bio on Twitter and added the word Bitcoin over there. This boosted the price value of the leading digital currency upward as the coin recovered to $37k on that day. Since that day, the top-ranked cryptocurrency is trading above this price figure. Musk also said in one of his comments that he is a supporter of the flagship cryptocurrency.

Apart from the primary cryptocurrency, he has also pumped up the price of Dogecoin (DOGE) as well. DOGE’s price value surged high by more than 35 percent recently and reached its new all-time high value of $0.065. DOGE has also entered into the list of the world’s top ten digital currencies and is standing on the tenth spot with a market cap of $9 billion, as per CoinMarketCap’s data.