What do Musk, Sister Mu and Jack Dorsey think of Bitcoin?

On July 21, the Beward One Day Summit took place. Tesla CEO Elon Musk, Twitter CEO Jack Dorsey, and Ark Investments CEO Cassie Wood attended the panel discussion. Hong Fang of Square Crypto, Phillip Gradwell of OKCoin and Dr. of the Digital Currency Initiative at MIT. Neha Narula, Sam Korus from Ark Investments.

B Word hopes to shatter the myth of BTC in tourism and teach schools how to use and adopt blockchain technology to raise awareness of Bitcoin and blockchain technology.

The event focused on three themes: 1. The vision of Bitcoin P2P payments 2. The power of Bitcoin mining 3. The potential future of Bitcoin. Elon Musk, CEO of Tesla, Jack Dorsey, CEO of Twitter, and Kathy Wood, CEO of Ark Investments, our industry partners, shared the following ideas on three topics.

Elon Musk - Tesla, SpaceX and all of them have Bitcoin

Tesla CEO Elon Musk has said he is a supporter of Bitcoin and cryptocurrencies. Tesla and SpaceX, which he developed, had Bitcoin, as well as Bitcoin and Ethereum. And the Dogecoin and Bitcoin holding ratio is higher than Ethereum's. or Dogecoin, "Now I can buy, but I won't sell.??

At the same time, Musk said Tesla could allow consumers to buy cars with bitcoin. 50%, thenTesla appears to be re-accepting Bitcoin payments.??

Starlink has already tested the entire Bitcoin node and can still be a heat source using it as a mining node for Ethereum or Dogecoin.

Regarding Bitcoin's peer-to-peer cash payment vision, Musk believes that Bitcoin's bottom line is insufficient to support its transformation into a global payments system and will yield greater business benefits and lower costs. .Bitcoin with a set of 2 solutions can be measured to become a global currency.. This would require the support of the Lightning Network, and working with a few small countries early on seems like a better option.

When it comes to Dogecoin, Musk thinks it's amazing and fun, as it has slowly gone from being a joke for everyone to see and become a global currency.

Jack Dorsey - "Bitcoin transforms everything"

When Twitter CEO Jack Dorsey spoke about what brought him into the bitcoin world, he said in the past he had thought about cypherpunk and was aware of the predatory nature of the internet and the potential bitcoin to destroy existing payments. At the same time he thoughtRight now we are doing our best to support Bitcoin, so it looks like we are in the early stages of the birth and development of the internet..

As Jack Dorsey pointed out, “Bitcoin changes everything,” he noted that current financial policies and procedures have created unreasonable oversight and spending. Manage the business, bank or state.

Jack Dorsey cites examples he has encountered as evidence. A young Ethiopian girl tries to establish her own "Lyft" in Ethiopia. Everything is digital payment, and Bitcoin can solve this problem perfectly.

Money - The misconception of trading is an investment of time

Ark Investments CEO Cathie Wood has heard that Bitcoin is a payment solution before, and after much thought, it's a good idea because Bitcoin is the first currency in history to comply with applicable laws. Our value, exchange and unit of account financial instruments can be used to prevent inflation and deflation.

the same timeNow the market has a lot of negative thoughts on Bitcoin, and it also has the potential to trade.. When asked how big the future Bitcoin market will be, Money Tree responds rhetorically:How big is the current American monetary system???