Share this article

Dorsey, Musk Hint at Bitcoin Debate

In a Twitter exchange Friday, the Twitter founder suggested having "THE talk," to which the Tesla CEO replied, "... let's do it."

Updated Sep 14, 2021, 1:17 p.m. Published Jun 25, 2021, 11:44 a.m.
jwp-player-placeholder

Elon Musk and Jack Dorsey, two of cryptocurrency's most famous proponents, have hinted they will debate at a forthcoming bitcoin event.

STORY CONTINUES BELOW
Не пропустіть жодної історії.Підпишіться на розсилку Crypto Daybook Americas вже сьогодні. Переглянути всі розсилки

  • In a Twitter exchange Friday, Twitter founder Dorsey suggested having "THE talk," to which Tesla CEO Musk replied, "For the Bitcurious? Very well then, let's do it," followed by a wink emoji.
  • Dorsey had initially tweeted about "The ₿ Word," an event he is set to host on July 21 alongside Cathie Wood, the founder of Ark Investment Management.
  • Musk asked if that referred to "bicurious?," prompting Dorsey to suggest the two have a conversation at the event for the Tesla founder to "share all [his] curiosities."
  • Although the two tech entrepreneurs have touted cryptocurrency, Musk's appetite for bitcoin has cooled since May when he announced Tesla was reversing its decision to accept the crypto as payment, citing environmental concerns about the energy use required in mining bitcoin. Since then, he has said Tesla may accept bitcoin as a form of payment in the future.

Read more: Elon Musk Says Lightning Network ‘Needed’ to Scale Bitcoin for Now

More For You

Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch

Solana CME futures first-day activity compared to BTC and ETH debuts. (CME/K33 Research)

When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.

What to know:

  • Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
  • Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
  • Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.