“Cryptocurrency is promising, but please invest with caution!”
Every once in a while, it seems like Musk pauses and starts to think about how his words influence others. On May 7, in anticipation of his SNL debut, he had one of those days.
“Cryptocurrency is promising, but please invest with caution!” Musk tweeted.
The billionaire linked to an interview he had done with TMZ on cryptocurrency in February of 2021. In the interview, Musk said it was unwise for people to go big on crypto. “People should not invest their life savings in cryptocurrency, to be clear,” he explained.
The next thing he said though was less clear. “But if you want to speculate and maybe have some fun — there’s a good chance that crypto is the future currency of Earth. Then it’s like, which one is it going to be? Maybe there will be multiple. But it should be considered speculation at this point.”
