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Latest cryptocurrency news > BITCOIN (BTC) > Elon Musk Returns to Bitcoin Commentary During Social Media Platform Downtime
BITCOIN (BTC)

Elon Musk Returns to Bitcoin Commentary During Social Media Platform Downtime

BH NEWS
Last updated: 5 March 2024 21:25
BH NEWS 3 years ago
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As major social media platforms faced extensive downtime, Tesla and SpaceX CEO Elon Musk took to Twitter, which remained operational, to voice his thoughts in a series of posts. In a noteworthy move, Musk returned to commenting on Bitcoin after a prolonged period of silence regarding the cryptocurrency. The interruption to social media services like Facebook, Instagram, and Youtube led Musk to prioritize social media interactions over his usual business responsibilities for the day.

Contents
Musk’s Reaction to Social Platform FailuresMusk’s Bitcoin Mention After Hiatus

Musk’s Reaction to Social Platform Failures

During the outage, users of Facebook and Instagram experienced prolonged access issues, while Youtube also encountered some disruptions. This sparked a series of tweets from Musk, who is known for his influential online presence and previous statements on cryptocurrencies. Amid his satirical commentary on the situation, he took the opportunity to make a cryptic reference to Bitcoin.

Musk’s Bitcoin Mention After Hiatus

Musk’s indirect reference to Bitcoin came in response to a social media post that discussed an alleged discrepancy between two artificial intelligence systems, Grok and ChatGPT, regarding Bitcoin’s price performance. The post claimed Grok correctly identified Bitcoin’s all-time high, while ChatGPT did not. Musk’s succinct reply, “Real-time systems ftw,” seemingly endorsed the real-time data capabilities of certain AI, while also reigniting his engagement with the cryptocurrency realm.

This interaction has caught the attention of the crypto community, as it signals Musk’s renewed interest or at least willingness to comment on Bitcoin, after stepping back from the topic for an extended period. His engagement comes at a time when the cryptocurrency market remains a topic of intense interest and speculation.

Musk’s latest comments could potentially influence his sizable following and the broader market, as his previous tweets have been known to significantly impact the valuation of cryptocurrencies, including Bitcoin.

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