
Sign up to save your podcasts
Or


Spacex and Tesla CEO Elon Musk has revealed that he personally owns bitcoin, ethereum, and dogecoin. Meanwhile, his companies, Spacex and Tesla, own bitcoin. He also said that bitcoin’s energy usage “is shifting a lot more toward renewables,” and Tesla will likely resume accepting the cryptocurrency after he does more due diligence.
The Bitcoin event “B Word,” which took place Wednesday, featured a live discussion with Tesla and SpaceX CEO Elon musk, Square and Twitter CEO Jack Dorsey, and Ark Invest CEO Cathie Wood. The discussion was moderated by Steve Lee, head of Square Crypto.
Responding to the question of what influenced his view on bitcoin, Musk began by outlining the benefits of the cryptocurrency. Tesla’s Technoking, who wore an evolution of money t-shirt during the live discussion, then said, “It’s got a lot of potential.”
Emphasizing, “I’m not an investor,” Musk said that the only significant publicly traded stocks he owns are the Tesla and Spacex stocks. He continued:
The Sun reports that the 35-year-old now wants to use X-ray scanning devices and AI technology to find his lost crypto fortune at a landfill in Newport, Wales.
Howells says he’s sought help from engineers, environmentalists and data recovery experts.
“We have a system with multiple conveyor belts, X-ray scanning devices and an AI scanning device that would be trained to recognize items that are a similar size and density to the hard drive.
This would be a delicate search because we wouldn’t want to damage the hard drive in the process – you can’t just use a claw grabber.”
A hedge fund is fronting the cost of the 12-month long search and the equipment in exchange for a large share of Howells’ crypto fortune. The Newport Council, which has repeatedly declined Howells’ requests to search the site, must first approve the plan.
A spokesperson says that digging up the landfill, as well as storing and treating the waste, could cost millions of pounds without any guarantee of finding the missing drive.
“The council has also told Mr. Howells on a number of occasions that excavation is not possible under our licensing permit and excavation itself would have a huge environmental impact on the surrounding area.”
From the publisher's feed