On July 8, Max Keiser and Stacy Herbert hosted an Elon Musk-inspired show in Austin, Texas. Aptly named “F*ck Elon,” the event, which included a large number of Bitcoin (BTC) maximalists, was surely a rowdy affair. Keiser is known for many things, but restraint is not necessarily one of them.Although we can debate the merits of such a provocatively titled party, Musk’s … [Read more...] about Elon Musk and Bitcoin: A toxic relationship
When Tesla CEO Elon Musk revealed his company’s Bitcoin (BTC) exposure and announced the launch of crypto payments, BTC took off to reach its all-time high. Shortly thereafter, however, Musk started tweeting about concerns over BTC’s environmental impact and Tesla reversing its crypto payments policy, leading to Bitcoin losing half of its value and the entire crypto market … [Read more...] about Crypto’s fraught relationship with Elon Musk: Ambassador or liability?
The International Monetary Fund (IMF), a global intergovernmental organization that supports economic structures and finance in the world, is set to hold talks with El Salvador after it passed a Bitcoin bill today.The issue with accepting BitcoinAs per Reuters, El Salvador is already nursing a strained relationship with the IMF amidst difficult economic conditions and monetary … [Read more...] about El Salvador’s relationship with the IMF turns complicated after new Bitcoin bill