For several years now, crypto shills have been trying to woo the Tesla and SpaceX CEO on Twitter. Presumably, they hope that having Musk — whose net worth tops $20 billion — onboard would lend legitimacy to the nascent industry.
On April 29, Musk caused a frenzy when he nonchalantly tweeted the word “Ethereum.” Minutes later, Musk jokingly followed up by tweeting “jk (just kidding).”
Not surprisingly, crypto bros immediately pounced, urging Musk to buy bitcoin, Tron, and every other cryptocurrency imaginable.
At one point, Musk asked Ethereum co-founder Vitalik Buterin to explain what can be developed on the Ethereum blockchain. Buterin stepped to the mic and delivered his 13 best suggestions.
In February 2019, Musk warmed up a bit and remarked that bitcoin’s structure “is quite brilliant.” But Musk admires crypto from a distance, despite the wishes of the crypto community, which is desperate to claim him as one of their own.
The South African mogul was reacting to a Twitter user who joked that he’s annoyed because Australian entrepreneur Craig Wright isn’t suing him for denying that Wright is Satoshi Nakamoto, the mysterious inventor of bitcoin.
In November 2017, Musk denied rumors that he was Satoshi Nakamoto. The speculation erupted after a former SpaceX intern wrote that “Satoshi is probably Elon.”
On his 2017 blog post, former SpaceX intern Sahil Gupta posited that:
Satoshi Nakamoto is probably Elon Musk.
Elon Musk is today’s Ben Franklin.
Bitcoin could be more useful with Elon’s guidance
Musk: I am not Satoshi Nakamoto
Gupta reasoned that it only makes sense that Musk is Satoshi because “Elon is a self-taught polymath” who has repeatedly innovated across fields by reading books on a subject and applying the knowledge. He explained:
“It’s how he built rockets, invented the Hyperloop (which he released to the world as a paper), and could have invented Bitcoin.”
“Elon has said publicly he doesn’t own any bitcoin, which is consistent with a ‘Good Satoshi’ who deleted his private keys.”
“Elon – if you are Satoshi, thank you. If not, well, thanks for the Tesla Roadster.”
Musk responded to the rumors by denying that he invented bitcoin.
P.S. – Musk isn’t the only entrepreneur in his family.
Samantha Chang is a New York City-based financial editor who writes about crypto and business at CCN. She is a law school grad and an alum of the University of Pennsylvania. You can reach her on Twitter at Samantha Chang or email her at email@example.com.
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