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Author: Admin | 2025-04-28
Musk Explores Bitcoin Integration in Space Following SEC's Move On January 10, a major achievement marked the cryptocurrency industry's progress. The U.S. Securities and Exchange Commission (SEC) gave approval to 11 spot Bitcoin exchange-traded funds (ETFs). To celebrate this achievement, Elon Musk, the owner of X Spaces and Tesla, hosted a special event where he talked openly about cryptocurrencies. Musk, along with Ark Invest's CEO Cathie Wood, took part in a Twitter Spaces Event, where he expressed his openness to the idea of using Bitcoin on his social platform, X. However, he made it clear that his primary focus at the moment is on artificial intelligence.Bitcoin on Mars? Elon Musk's Futuristic IdeaElon Musk mentioned that he doesn't think much about Bitcoin in his day-to-day activities, but surprisingly, he expressed interest in using Bitcoin on Mars. However, he acknowledged concerns about the speed of transaction settlements. Later, in agreement with Bitcoin core developer Matt Corallo, he suggested that a localized Lightning Network could address the speed issue. So, despite his minimal focus on Bitcoin on Earth, Musk seems open to exploring its potential use on the Red Planet.Musk's Mars Plan and Crypto Integration on XAs we previously also gave this information to our Coin Gabbar website that Elon Musk, who is famous for his big ideas, has announced his intention to establish a human colony on Mars by 2050. According to this announcement currently Musk's futuristic vision, there's talk about the potential use of Bitcoin as a currency on Mars. Although Tesla stopped accepting Bitcoin due to environmental worries, there's speculation in the crypto community about Musk possibly allowing Bitcoin or Dogecoin payments on his upcoming platform, X.Furthermore, Elon Musk's visionary plans for a human settlement on Mars by 2050 have sparked discussions about using Bitcoin as the preferred currency on the red planet. While Tesla's decision to stop accepting Bitcoin raised environmental concerns, Musk's announcement of the upcoming platform, X, has sparked hopes in the crypto community. Enthusiasts are eagerly waiting to see if Musk will include Bitcoin or Dogecoin payments on X, given his history of supporting cryptocurrencies and
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