Elon Musk Damps Crypto Enthusiasm, Says He Doesn't Spend Much Time Thinking About It
• Elon Musk said during an interview that he doesn't "spend a lot of time thinking of cryptocurrency" • This was disappointing to crypto fans since Musk has been a vocal supporter of Dogecoin in the past • Musk believes fiat currency works fine if inflation is minimal, though Cathie Wood highlighted the need for rules-based cryptos like Bitcoin • Tesla adding Bitcoin to its balance sheet brought more validation to crypto, though Musk didn't share future beliefs • Musk said X has financial payment licenses in over half of U.S. states, with a goal of mid-2024 for approval in all states