Elon Musk Buys Bitcoin: Everything You Need to Know

 coindesk.com  02/08/2021 17:20:11 

The implications of Elon Musks purchase on bitcoins climate narrative, other Fortune 500 treasury management strategies and more.

This episode is sponsored by Nexo.io.

In this episode, NLW breaks down:

  • How Elon got to this moment, including his exchanges with MicroStrategys (MSTR) Michael Saylor
  • What critics of the Tesla community and the bitcoin community are likely to say
  • How this de-risks bitcoin purchases for other Fortune 500 companies
  • How it relates to Elons doge memeing
  • Why this is likely to have a significant impact on bitcoins narrative regarding climate change and energy use
  • Why Cathie Wood is laughing all the way to the bank.

Image credit: Britta Pedersen/Getty Images Entertainment

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