- Elon Musk said he doesn’t spend time thinking about cryptocurrencies.
- Musk’s cryptocurrency activities have been muted so far this year.
- Earlier in November, the billionaire asserted none of his companies would ever launch a crypto token.
Cryptocurrency prices may have recovered significantly in recent months, but it appears not to have convinced billionaire tech founder Elon Musk to increase his activities around digital assets. If anything, the recent stance of the founder of Tesla appears to be moving away from the crypto space.
In a recent conversation on the social media platform X, Musk told Ark Invest CEO Cathie Wood he does not “spend a lot of time thinking about cryptocurrency.” The statement which certainly would hurt many crypto natives, came after Wood asked Musk about Bitcoin’s potential impact on the financial system.
So far this year, Elon Musk, who used to be a fervent cryptocurrency advocate has taken a muted stance. However, this did not go unnoticed by millions of followers, particularly on X.
Earlier in November, Musk reaffirmed that none of his companies will ever launch a cryptocurrency token. The founder made this …
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