Elon Musk up for being paid in Bitcoin

Inventor, entrepreneur and scientist Elon Musk is once again making crypto headlines with the tech visionary confirming that he would be willing to be paid in Bitcoin should the opportunity arise.

Recently listed as the richest man on Earth, beating even Amazon's loved-and-hated founder Jeff Bezos, Musk is now not only the first businessman to be planning a round-trip to Mars, but also the wealthiest person on our planet, and he would not mind being paid out in Bitcoin.

While the intrinsic value of BTC may be fluctuating constantly – and not least when people like Musk talk about it – he seems happy with having it as payment with his monthly check.

BTC briefly soared above $40,000 only to come back crashing to $36,000 with support for the currency looking a little shaky. It all has to do with how many people are willing to hold onto the currency.

Naturally, many small timers have decided to dump their crypto upon reaching the $40,000 for a tidy profit. The recent slide may discourage some investors more, but Bitcoin has a solid backing by institutional investors.

Not least, it has endorsement by people such as Musk. If you are looking to spend your Bitcoin in a fun and meaningful way, then you would be happy to know there are tons of great casinos waiting for you out there.

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Written by Barney


Barney is co-founder of CryptoGamblingNews.com. When not at work he can usually be found behind a Nikon. He's won numerous international competitions for his photography and volunteers as a content creator for aid organisations in Africa.

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