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Elon Musk To Talk About Bitcoin With Jack Dorsey At An Event In July

Elon Musk, the CEO of Tesla, will be talking about Bitcoin (BTC) with Twitter CEO Jack Dorsey at an event aimed at educating institutional investors in July.

It has been reported that in a Twitter discussion with Dorsey, Musk agreed to speak at “The ₿ Word,” a July 21 virtual event hosted by the Crypto Council for Innovation and featuring major players in the crypto space.

Dorsey said:

“As more companies and institutions get into the mix, we all want to help protect and spread what makes #bitcoin open development so perfect. This day is focused on education and actions to do just that.”

However, Musk responded to Dorsey on Twitter before agreeing to virtually sit down with Dorsey and discuss Bitcoin at the event.

Likewise, in March, Musk made waves in the crypto space and may have largely contributed to a BTC price surge, when he announced Tesla had added $1.5 billion worth of Bitcoin to its balance sheet and would start to accept the crypto asset as a form of payment for its electric vehicles.

In May, Musk posted a tweet highlighting his concerns about Bitcoin’s energy usage and saying the company would no longer consider Bitcoin payments. It’s not clear what effect a discussion with Dorsey or other major crypto players may have on Bitcoin policy at Tesla or for Musk personally.

Thus, Musk said earlier this month that he would reconsider adding Bitcoin transactions at the firm “when there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend.”

Source: Cointelegraph | Image: Newsfeed


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