One Man Controls The World’s Cryptocurrency

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Welcome back, Richest fans! Seemingly, with a simple tweet on social media, Elon Musk is able to shape the world’s cryptocurrency. Within 280 characters, he can increase or decrease a crypto’s value. But many people aren’t too delighted with him possessing this sort of power. Today, we’re going to look at the times when Musk has been able to alter a digital currency for better or worse with a comment. Whether that’s bitcoin, dogecoin, or Ethereum’s ether. On top of this, we’ll examine countries that now use cryptocurrency as a legal tender and the effects this could have.

Now for the spoiler paragraph. If you like surprises, we suggest you stop reading and watch the video multiple times. Firstly, we’ll see how Musk influenced bitcoin’s value. Such as an announcement from the car creators Tesla increased its market cap. However, the hacker group Anonymous is one such team unhappy with Musk’s comments. We’ll then see how El Salvador is now accepting bitcoin across the country. We’ll even explore the countries and cities that use crypto the most. We’ll see Musk shape the value of dogecoin. With help from other famous faces such as Snoop Dogg. There’s also the future SpaceX mission that’ll bear dogecoin’s name. Ethereum was founded by a group of people including Vitalik Buterin. Mutual respect between Musk and Buterin could cause Ethereum’s value to skyrocket. Finally, we’ll briefly look at one of the most expensive hard drives around. One that contained a stack of bitcoin but was lost in a landfill.

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Written by: Jordy McKen
Narrated by: Adam Newmark
Edited by: AJ Varela

For copyright matters please contact us at:

00:00 Intro
00:40 Musk And Bitcoin
03:30 Countries Using Crypto
04:52 Musk And Dogecoin
06:20 Musk And Ethereum”

The Richest

The Richest

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