HomeBusinessElon Musk Responds To Jack Dorsey’s Cryptic One-Word Tweet

Elon Musk Responds To Jack Dorsey’s Cryptic One-Word Tweet

On Jack Dorsey's Tweet, Elon Musk Says It?s His ?Safe? Word Too

The Twitter CEO simply mentioned “crypto”, suggesting he most well-liked the utilization over “currency”

It’s no secret that Tesla and SpaceX boss Elon Musk and Twitter CEO Jack Dorsey assist cryptocurrency over the normal “fiat” cash. But their bromance is now increasingly obvious on public platforms. Recently, they mentioned the way forward for Bitcoin at a digital convention, praising its potential to alter the financial methods. And now Mr Musk has replied to a cryptic one-word tweet by Dorsey. The Twitter CEO simply mentioned “crypto”, probably suggesting he most well-liked the utilization over extra standard phrases akin to “currency” and “money”, and Mr Musk responded to it saying it was his “safe word” too.

It appears each of them favor to make use of the shorter time period “crypto”, quite than saying cryptocurrency. The two huge tech executives have a protracted historical past of mutual admiration which has solely blossomed over time. At a commerce present in 2016, Mr Dorsey publicly praised Mr Musk, saying he was consistently speaking about what his electrical vehicle-making firm was doing. Mr Musk makes use of Twitter extensively.

In January 2020, Mr Dorsey requested Mr Musk for “feedback” on methods to enhance Twitter, and the Tesla CEO mentioned it might be useful to have the ability to inform faux and actual customers aside.

Two months later, when a hedge fund activist with a stake in Twitter tried to oust Dorsey from his function as CEO of the microblogging web site, Mr Musk got here to his defence.

In July this 12 months, they got here collectively for a dialogue on the way forward for bitcoin. Mr Musk has beforehand supported dogecoin following local weather considerations over bitcoin mining’s power consumption. Mr Dorsey backs Bitcoin.

However, Mr Musk of late has dialed down his criticism of bitcoin and likewise disclosed that he owned some bitcoin, ethereum and dogecoin. Mr Dorsey has entered the cryptocurrency house together with his funds firm, Square, and has mentioned the bitcoin group’s drive evokes him and reminds him of early days of the web.

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