“In retrospect, it was inevitable.”
Apparently, Musk’s beef with bitcoin was short lived. Just one month after calling the biggest cryptocurrency “BS,” he added “#bitcoin” to his Twitter bio, which sent its value soaring 20%. Although Musk didn’t provide many details at the time, he did publish a tweet saying,“In retrospect, it was inevitable,” which some speculated was about bitcoin.
Days later on January 31, the Tesla CEO made it official in a Clubhouse chat: He was a supporter of bitcoin. In fact, Musk said he regretted not buying bitcoin eight years ago, adding, “talk about being late to the party.”
“I do at this point think bitcoin is a good thing, and I am a supporter of bitcoin,” Musk said, according to CNBC. “I think bitcoin is really on the verge of getting broad acceptance by conventional finance people.”
