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Musk Tweets He Supports Crypto in Battle Against Fiat Currencies

  • Tesla chief’s comments boost price of Bitcoin past $38,000
  • Musk has previously made similar remarks about fiat on Twitter
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Elon Musk is again tweeting about technology and cryptocurrencies, and this time he’s clear on where his support is at.

In a thread started by Musk himself comparing magic to technology where someone asked what he thought about people “who are angry at you because of crypto,” the Tesla Inc. CEO tweeted that the “true battle is between fiat & crypto. On balance, I support the latter.”