Fiat Archives

On May 22nd Elon Musk tweeted that \"the true battle is between fiat & crypto\", Fiat is paper money issued and backed by the government. This was in response to a user asking for Musk's thoughts on people being \"angry at him because of crypto.\" In the same tweet, Musk stated that he does \"support the latter\", being crypto.<\/li><\/ul>\n\n\n\n
- Following Tesla's announcement, Elon Musk tweeted<\/a> his support for crypto saying that \"Tesla has ??\" Tesla currently has over $1.5 billion in Bitcoin reserves.<\/li><\/ul>\n\n\n\n
  \nhttps:\/\/twitter.com\/elonmusk\/status\/1396049547680391168?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1396049547680391168%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.businessinsider.com%2Felon-musk-announces-his-support-for-crypto-over-fiat-money-2021-5\n<\/div><\/figure>\n","post_title":"Elon Musk Advocates Crypto Over Fiat","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"elon-musk-advocates-crypto-over-fiat","to_ping":"","pinged":"","post_modified":"2023-04-30 21:35:24","post_modified_gmt":"2023-04-30 11:35:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5168","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
  
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  Elon Musk Advocates Crypto Over Fiat
  
  May 22, 2022 - Updated on April 30, 2023
  
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  \n
  The announcement also stated that Tesla is looking at other cryptocurrencies that use less than 1% of Bitcoins energy per transaction and Tesla already accepts Dogecoin<\/a>.<\/li><\/ul>\n\n\n\n
  On May 22nd Elon Musk tweeted that \"the true battle is between fiat & crypto\", Fiat is paper money issued and backed by the government. This was in response to a user asking for Musk's thoughts on people being \"angry at him because of crypto.\" In the same tweet, Musk stated that he does \"support the latter\", being crypto.<\/li><\/ul>\n\n\n\n
  Following Tesla's announcement, Elon Musk tweeted<\/a> his support for crypto saying that \"Tesla has ??\" Tesla currently has over $1.5 billion in Bitcoin reserves.<\/li><\/ul>\n\n\n\n
  \nhttps:\/\/twitter.com\/elonmusk\/status\/1396049547680391168?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1396049547680391168%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.businessinsider.com%2Felon-musk-announces-his-support-for-crypto-over-fiat-money-2021-5\n<\/div><\/figure>\n","post_title":"Elon Musk Advocates Crypto Over Fiat","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"elon-musk-advocates-crypto-over-fiat","to_ping":"","pinged":"","post_modified":"2023-04-30 21:35:24","post_modified_gmt":"2023-04-30 11:35:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5168","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
  
  Most Read
  
  Adoption
  
  Elon Musk Advocates Crypto Over Fiat
  
  May 22, 2022 - Updated on April 30, 2023
  
  Artificial Intelligence
  
  Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
  
  December 19, 2024
  
  Artificial Intelligence
  
  Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
  
  August 15, 2024
  
  Artificial Intelligence
  
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  November 24, 2024
  
  Artificial Intelligence
  
  Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development
  
  December 3, 2024
  
  Subscribe To Our Newsletter
  
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  \n
  Following the announcement<\/a> that Tesla will not be accepting cryptocurrencies as payment on May 12th, the markets have shed<\/a> over $100 billion since. The announcement follows environmental concerns about Bitcoin mining<\/a>, although Tesla is ready to use Bitcoin to transact as soon as \"mining transitions to more sustainable energy.\"<\/li><\/ul>\n\n\n\n
  The announcement also stated that Tesla is looking at other cryptocurrencies that use less than 1% of Bitcoins energy per transaction and Tesla already accepts Dogecoin<\/a>.<\/li><\/ul>\n\n\n\n
  On May 22nd Elon Musk tweeted that \"the true battle is between fiat & crypto\", Fiat is paper money issued and backed by the government. This was in response to a user asking for Musk's thoughts on people being \"angry at him because of crypto.\" In the same tweet, Musk stated that he does \"support the latter\", being crypto.<\/li><\/ul>\n\n\n\n
  Following Tesla's announcement, Elon Musk tweeted<\/a> his support for crypto saying that \"Tesla has ??\" Tesla currently has over $1.5 billion in Bitcoin reserves.<\/li><\/ul>\n\n\n\n
  \nhttps:\/\/twitter.com\/elonmusk\/status\/1396049547680391168?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1396049547680391168%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.businessinsider.com%2Felon-musk-announces-his-support-for-crypto-over-fiat-money-2021-5\n<\/div><\/figure>\n","post_title":"Elon Musk Advocates Crypto Over Fiat","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"elon-musk-advocates-crypto-over-fiat","to_ping":"","pinged":"","post_modified":"2023-04-30 21:35:24","post_modified_gmt":"2023-04-30 11:35:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5168","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
  
  Most Read
  
  Adoption
  
  Elon Musk Advocates Crypto Over Fiat
  
  May 22, 2022 - Updated on April 30, 2023
  
  Artificial Intelligence
  
  Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
  
  December 19, 2024
  
  Artificial Intelligence
  
  Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
  
  August 15, 2024
  
  Artificial Intelligence
  
  Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
  
  November 24, 2024
  
  Artificial Intelligence
  
  Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development
  
  December 3, 2024
  
  Subscribe To Our Newsletter
  
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  \n
  With the recent decline of the crypto markets, Elon Musk has expressed his support for crypto.<\/p>\n\n\n\n
  Following the announcement<\/a> that Tesla will not be accepting cryptocurrencies as payment on May 12th, the markets have shed<\/a> over $100 billion since. The announcement follows environmental concerns about Bitcoin mining<\/a>, although Tesla is ready to use Bitcoin to transact as soon as \"mining transitions to more sustainable energy.\"<\/li><\/ul>\n\n\n\n
  The announcement also stated that Tesla is looking at other cryptocurrencies that use less than 1% of Bitcoins energy per transaction and Tesla already accepts Dogecoin<\/a>.<\/li><\/ul>\n\n\n\n
  On May 22nd Elon Musk tweeted that \"the true battle is between fiat & crypto\", Fiat is paper money issued and backed by the government. This was in response to a user asking for Musk's thoughts on people being \"angry at him because of crypto.\" In the same tweet, Musk stated that he does \"support the latter\", being crypto.<\/li><\/ul>\n\n\n\n
  Following Tesla's announcement, Elon Musk tweeted<\/a> his support for crypto saying that \"Tesla has ??\" Tesla currently has over $1.5 billion in Bitcoin reserves.<\/li><\/ul>\n\n\n\n
  \nhttps:\/\/twitter.com\/elonmusk\/status\/1396049547680391168?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1396049547680391168%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.businessinsider.com%2Felon-musk-announces-his-support-for-crypto-over-fiat-money-2021-5\n<\/div><\/figure>\n","post_title":"Elon Musk Advocates Crypto Over Fiat","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"elon-musk-advocates-crypto-over-fiat","to_ping":"","pinged":"","post_modified":"2023-04-30 21:35:24","post_modified_gmt":"2023-04-30 11:35:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5168","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
  
  Most Read
  
  Adoption
  
  Elon Musk Advocates Crypto Over Fiat
  
  May 22, 2022 - Updated on April 30, 2023
  
  Artificial Intelligence
  
  Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
  
  December 19, 2024
  
  Artificial Intelligence
  
  Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
  
  August 15, 2024
  
  Artificial Intelligence
  
  Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
  
  November 24, 2024
  
  Artificial Intelligence
  
  Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development
  
  December 3, 2024
  
  Subscribe To Our Newsletter
  
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  Fiat
  
  Adoption
  
  Elon Musk Advocates Crypto Over Fiat
  
  With the recent decline of the crypto markets, Elon Musk has expressed his support for crypto. Following the announcement that ...
  
  by The Distributed Team
  May 22, 2022
  
  Most Read
  
  Adoption
  
  Elon Musk Advocates Crypto Over Fiat
  
  May 22, 2022 - Updated on April 30, 2023
  
  Artificial Intelligence
  
  Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
  
  December 19, 2024
  
  Artificial Intelligence
  
  Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
  
  August 15, 2024
  
  Artificial Intelligence
  
  Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
  
  November 24, 2024
  
  Artificial Intelligence
  
  Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development
  
  December 3, 2024
  
  Subscribe To Our Newsletter
  
  By subscribing, you agree with our privacy and terms.
  
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