Elon Musk is arguably one of the world’s greatest geniuses. So far, he has signed important projects such as Zip2, X.com, SpaceX, Tesla, SolarCity, Hyperloop, OpenAi, Neuralink and The Boring Company.
One thing stands out behind Musk’s signing of these projects: To assist the human race in tackling the current challenge or issues considered to be a major problem in the future.. On the one hand, he is developing an electric car company called Tesla by considering fossil fuel consumption levels, on the other hand, he is turning to space exploration with SpaceX.
This is why when Elon Musk speaks or does something, it attracts people’s attention.. Recently, he became the focus of rumors when he was photographed with a book about cryptocurrencies in his hand.
The book in which Elon Musk was photographed was the book Cryptocurencies Simply Explained, written by Julian Hosp, in which cryptocurrencies are explained simply.. The book provides a fundamental look at the world of cryptocurrency, Blockchain, Bitcoin, decentralization and ICO.
Author Dr.. Julian Hosp works at many companies in the blockchain world, most notably a fintech firm called TenX.
Many people in the crypto community were excited after seeing Elon Musk photographed with a book on cryptocurrencies.. There are many theories as to why Musk kept this book, some saying it was simply delivered by someone.. However, some believe from a much more optimistic point of view that Musk may have aimed to create a digital token used in his companies Tesla and SpaceX in this field.
There is no doubt that Musk is a master in online payment systems.. He was the co-founder of X.com, an email payments and online financial services company acquired by PayPal in 2000.. He also served as the CEO of PayPal for a while, of which he was the founding partner.. When PayPal was sold to eBay in 2002, Musk was the largest PayPal shareholder with 11.7 percent, making approximately $165 million from the sale.
So it’s very unlikely that Musk will create his own digital currency or blockchain.
On the other hand, Musk has a small investment in cryptocurrencies as an investor.. He announced that he had 0.25 Bitcoin in the past and was given it to him by a friend years ago.