Billionaire Elon Musk, the CEO ofSpaceX yTeslawas named by the magazineTime as person of the year .
The acclaimed U.S. publication rated the 2021 as the year of ” Elon Unbound “ which translates as “Elon untethered“because of the South African entrepreneur’s many accomplishments. Musk’s ambitious successes include the contract in traditional finance, a contract is a binding agreement between two parties. In cryptocurrencies, smart contracts execute functions on the blockchain. his aerospace company signed with NASA to take American astronauts to the moon a situation where there is a continuous upward movement in the price of a cryptocurrency. Often used in communities to question when a cryptocurrency will experience such a phenomenon, saying “When moon?” It is usually combined with “When Lambo?” for the first time since 1972.
La persona del año, y el mayor multimillonario del mundo, ha encabezado muchos titulares de noticia relacionados con el espacio de las monedas digitales este año. En febrero, Tesla hizo noticia tras convertirse en la primera gran empresa en invertir en Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions.. The company led by Musk acquiredbitcoins worth $1.5 billion. It then said it would incorporate the cryptocurrency into its payment methods, though the move was quickly abandoned due to the businessman’s environmental concerns.
Time The billionaire’s interest in digital currencies did not go unnoticed, describing Musk as a “digital currency.player in robots and solar energy, cryptocurrencies and climate.” In conversation with the magazine, the CEO ofTesla said that finds cryptocurrency interesting and can talk endlessly about the conception of money as a ” an information system for resource allocation allocation is the allotment of equity or tokens that may be earned, bought, or reserved for a specific team, group, investor, institution, or another similar entity. “. However, doubts that digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currencies could one day replace fiat currencies such as the dollar.
Musk’s influence on cryptocurrencies this 2021
Musk, an energetic advocate of puppy memecoin memecoins are the crypto tokens created as a joke or meme and claim to offer huge gains to holders.Dogecoinand who calls himself the “Doge Father“has undoubtedly had a great influence within the cryptocurrency space this 2021 . Sus publicaciones en Twitter sobre la adopción de Bitcoin on the part ofTesla and subsequent criticism of the cryptocurrency’s high energy consumption had a big impact on both the industry and the market.
– Elon Musk (@elonmusk) October 21, 2021
In May, the flagship cryptocurrency saw a significant price drop after hitting a high of USD $60,000. At the time, the fall coincided with the announcement of suspension of payments with Bitcoin for automobilesTesla. For his part, Musk’s comments on the use of non-renewable sources of energy mining a process where blocks are added to a blockchain, verifying transactions. It is also the process through which new bitcoin or some altcoins are created. and the use of non-renewable sources of energy in the mining ofBitcoin motivated the environmental discussions.
In the middle of the year, a group comprised of several respected crypto industry players – including the CEO ofTesla– joined forces to study and help reduce the impact of gold mining on theBitcoin has on global carbon emissions.
Este 2021, Musk también habló más que nunca de la moneda de perrito DOGE. Los reiterados comentarios del empresario en las redes sociales provocaron un aumento de más de 10.000% para el token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. earlier this year. The cryptocurrency’s commercial success then prompted the emergence of a slew of puppy-inspired tokens.
Aunque en algunos aspectos las acciones del multimillonario resultaron beneficiosas para el desarrollo del ecosistema de Bitcoinas well as for the evolution of other cryptocurrencies such as DogecoinIts influence in the space was described by many as controversial; mainly due to its influence on the digital currency currency is a medium of exchange that defines value. markets.
Overall, Musk’s comments on social media were accompanied by a roller coaster ride for the prices ofBitcoin,Dogecoin and other currencies. However, the entrepreneur has denied any responsibility that may have their tweets in the emotional reactions of the markets. Regarding this issue, Musk told the magazine Time :
Markets move on their own all the time, based on nothing that I know of. So are the statements I make materially different from random stock movements that might happen anyway? I don’t think so.
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Article by Hannah Estefania Perez /DiarioBitcoin
Image by Nicole León (https://nicoleleon.design)