{"id":35965,"date":"2024-01-11T02:51:49","date_gmt":"2024-01-11T02:51:49","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2024\/01\/11\/elon-musk-says-open-to-the-idea-of-using-bitcoin\/"},"modified":"2024-01-11T02:51:49","modified_gmt":"2024-01-11T02:51:49","slug":"elon-musk-says-open-to-the-idea-of-using-bitcoin","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2024\/01\/11\/elon-musk-says-open-to-the-idea-of-using-bitcoin\/","title":{"rendered":"Elon Musk Says Open To The Idea Of Using Bitcoin"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>Billionaire Elon Musk on Wednesday, January 10, 2024, acknowledged the engineering prowess behind the Bitcoin infrastructure. His feedback got here within the backdrop of the approval of the spot Bitcoin ETF within the United States for the primary time ever.<\/p>\n<p>Also Read: <a href=\"https:\/\/coingape.com\/ripple-legal-chief-credits-us-sec-court-losses-for-bitcoin-etf-approval\" target=\"_blank\" rel=\"noopener\"><strong>Ripple Legal Chief Credits US SEC Court Losses For Bitcoin ETF Approval<\/strong><\/a><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<h2>Elon Musk Thinks Very Little Of Bitcoin<\/h2>\n<p>Joining Ark Invest chief govt officer Cathie Wood in a dialog on the X platform, Musk acknowledged the engineering marvel behind Bitcoin, however no more as a forex however a retailer of worth. However, when quizzed extra about Bitcoin utilization within the mainstream and crypto mining, the billionaire <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/i\/spaces\/1gqxvQDwVvRJB\/peek\" target=\"_blank\">said<\/a> he thinks little or no concerning the cryptocurrency among the many many issues he works on.<\/p>\n<blockquote>\n<p>\u201cI am open to the idea of \u200b\u200busing Bitcoin but of all the things I think of, I think of Bitcoin very little.\u201d<\/p>\n<\/blockquote>\n<h2>Bitcoin ETF Means More Institutionalization<\/h2>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>One of the important thing the reason why the crypto market was plagued of mainstream institutional cash move was the shortage of readability within the business concerning the stance of US regulators. However, with the XRP lawsuit victory and the next setback to the U.S. Securities and change fee (SEC) within the Grayscale lawsuit, the company was pushed to a nook by way of implementing securities legal guidelines on crypto firms. With the approval of spot Bitcoin ETFs within the US, the business would formally open the gates to the monetary world, as incumbents like Blackrock and Fidelity already made manner with their very own Bitcoin ETF.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>Also Read: <a href=\"https:\/\/coingape.com\/spot-bitcoin-etf-approved-heres-why-grayscale-is-the-biggest-winner\" target=\"_blank\" rel=\"noopener\"><strong>Spot Bitcoin ETF Approved: Here\u2019s Why Grayscale is the Biggest Winner<\/strong><\/a><\/p>\n<p><noscript><link rel=\"stylesheet\" id=\"quads-style-css-css\" href=\"https:\/\/coingape.com\/wp-content\/plugins\/quick-adsense-reloaded\/includes\/gutenberg\/dist\/blocks.style.build.css?ver=2.0.72.1\" type=\"text\/css\" media=\"all\"\/><link rel=\"stylesheet\" id=\"dscf7-math-captcha-style-css\" href=\"https:\/\/coingape.com\/wp-content\/plugins\/ds-cf7-math-captcha\/assets\/css\/style.css?ver=6.3.2\" type=\"text\/css\" media=\"1\"\/><link 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crypto updates round U.S. regulation and market transferring tendencies. Published over 1,200 articles thus far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at <a href=\"https:\/\/coingape.com\/cdn-cgi\/l\/email-protection\" class=\"__cf_email__\" data-cfemail=\"debfb0a8bbadb69ebdb1b7b0b9bfaebbf0bdb1b3\">[email\u00a0protected]<\/a> or twitter.com\/BitcoinReddy or linkedin.com\/in\/anveshreddybtc\/                         <\/p><\/div>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD173341\">\n<p>  The offered content material could embrace the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn&#8217;t maintain any accountability to your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"container p-1 mb-3  mt-4 \">\n    \n    \n     \n\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span>\n                    \n                    \n                    <a href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n\n\n     \n\n<div class=\"row mobileXS \">\n                     \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a href=\"https:\/\/coingape.com\/web-stories\/robert-kiyosakis-epic-bitcoin-prediction-amidst-sec-drama\/?utm_source=post&utm_medium=web-story\" target=\"_blank\" rel=\"noopener\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Robert-Kiyosaki-Vector-Illustration\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-Robert-Kiyosaki-Vector-Illustration.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-Robert-Kiyosaki-Vector-Illustration-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-Robert-Kiyosaki-Vector-Illustration-150x200.jpg 150w\" data-lazy-sizes=\"(max-width: 640px) 100vw, 640px\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-Robert-Kiyosaki-Vector-Illustration.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-Robert-Kiyosaki-Vector-Illustration.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Robert-Kiyosaki-Vector-Illustration\" decoding=\"async\" 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loading=\"lazy\" width=\"640\" height=\"853\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"1200x800\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-1200x800-1.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-1200x800-1-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-1200x800-1-150x200.jpg 150w\" data-lazy-sizes=\"(max-width: 640px) 100vw, 640px\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-1200x800-1.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-1200x800-1.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"1200x800\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-1200x800-1.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-1200x800-1-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-1200x800-1-150x200.jpg 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Ripple CEO Criticizes Elon Musk&#8217;s X for Ignoring XRP Scams <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n     \n                              \n          <\/div>\n\n\n    \n          \n \n    \n            \n    <\/div>\n\n        --><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/elon-musk-says-open-to-the-idea-of-using-bitcoin\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Billionaire Elon Musk on Wednesday, January 10, 2024, acknowledged the engineering prowess behind the Bitcoin infrastructure. His feedback got here within the backdrop of the approval of the spot Bitcoin ETF within the United States for the primary time ever. Also Read: Ripple Legal Chief Credits US SEC Court Losses For Bitcoin ETF Approval [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35967,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[3],"tags":[20,151,3350,152,1734],"class_list":["post-35965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-elon","tag-idea","tag-musk","tag-open","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/35965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=35965"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/35965\/revisions"}],"predecessor-version":[{"id":35966,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/35965\/revisions\/35966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/35967"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=35965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=35965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=35965"}],"curies":[{"name":"wp","href":"http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