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Elon Musk predicted a long crypto winter

Crypto & Web3.0

Elon Musk predicted a long crypto winter

But bitcoin will survive in the end.

In response to a question from American entrepreneur and investor Jason Kalakanis about the prospects of the first cryptocurrency, the billionaire wrote on Twitter bitcoin will make it.

Meanwhile, the coin’s exchange rate has approached the $17,000 mark.The value of bitcoin has exceeded $16,900, as of 14:35 Moscow time, it is hovering around $16,800, according to CoinGecko. The daily rate increase is 1%.

In addition to the head of Tesla and SpaceX, the president of El Salvador, Nayib Bukele spoke in support of the first cryptocurrency. According to him, the crashing FTX is the opposite of bitcoin. Buquelet noted that the protocol of the leading cryptocurrency was created precisely to prevent “Ponzi schemes” and similar bankruptcies, including those such as the Sam Bankman-Fried collapse.

The fact that the exchange FTX dishonestly handled their clients’ funds drew attention earlier to the head of Binance, when he announced his refusal to buy the troubled platform. Later it became known that at least $1 billion of customer funds FTX sent to Alameda, disappeared.

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Leonardo DeFi Caprio

Journalist. I am interested in DeFi, Web 3.0, Metaverses, Crypto adoption, blockchain technology

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