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Elon Musk discusses Cryptocurrency based for Mars

by Natalie Christie
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Elon Musk is one of the most prominent and sensational figures in the present day tech world, and he often stirs interesting social media discussions through his tweets and comments.

The CEO of Tesla and SpaceX has agreed that Cryptocurrencies can be pivotal in Mars economy.

Elon Musk agrees that Mars Economy can Run on Crypto

SpaceX is continuously thriving in its space explorations initiatives wherein the company has launched satellites and projects. SpaceX Mars mission is much discussed as the private aerospace manufacturer plans to send humans to the red planet in a few years. Elon Musk wants to develop a self-sustaining city on Mars and settle humans there. As the Tesla and SpaceX CEO is very vocal on a social media website, Twitter people often ask him questions regarding his space projects and other topics.

Answering to a Tweet by AI researcher Lex Fridman, Elon Musk agreed that cryptocurrencies could be used in the economy in Mars settlements.

As SpaceX is aiming to send and settle humans on Mars, people are asking about the pertinent laws and currency to be used on the Mars settlement. As Lex Fridman predicted that cryptocurrencies would be used as a medium of exchange on Mars, Elon Musk replied a yes to the Twitter thread. Just a few days ago, Elon Musk tweeted about Dogecoin cryptocurrency he even added former CEO of Dogecoin to his Twitter bio.

Elon Musk is known for his satirical antics regarding cryptocurrencies in the past, however now the tech behemoth seems to talk seriously about Bitcoin and its liquidity. There were even indications that Tesla could add some Bitcoin to its balance sheet.

After Elon Musk replied ‘yes’ to the Twitter thread by Lex Fridman, other users jumped the conversation-starting an exciting discussion. One user said that Dogecoin or Marscoin might be the cryptocurrency of Mars economy. Elon Musk has convincingly said that SpaceX would be able to land humans on Mars.

Cryptocurrency watchers also follow every comment and opinion expressed by Elon Musk. Recently when he tweeted about Dogecoin, its price surged to 25 percent instantly.


The information discussed by The Coin Magazine is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Do your due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright The Coin Magazine All rights reserved.

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