Block Climbing Podcast: A short and spicy history of Elon Musk and Bitcoin
This week Tesla sold 75% of its Bitcoin holdings, so we dive into the short but tumultous history between the crypto and Elon Musk.
Tesla CEO Elon Musk wasn't a super early adopted of cryptocurrency. At least not publicly. But the last couple of year have seen him become one of the biggest crypto influencers in the world. His tweets can and have sent the price of Bitcoin through both the roof and the floor. And his support of Dogecoin saw it go from meme status to having one of the best market caps in the industry.
Musk and Tesla's history with Bitcoin has been short but full of intrigue, backflipping and SEC filings. So in this episode Tegan and Tim take a look at what's happened in this twisted narrative so far.
Elsewhere in the episode they dive into Square Enix releasing Final Fantasy VII NFTs and a Texan heatwave messing with its crypto mining.
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Credits
- Hosts: Tegan Jones and Tim Bennett
- Editor: Tim Bennett
- Editorial: Tegan Jones
This podcast is powered by Finder. Follow Tegan and Tim on Twitter.
Show notes and sources
- TEXAS' FRAGILE GRID ISN'T READY FOR CRYPTO MINING'S EXPLOSIVE GROWTH [The Verge]
- ERCOT Issues Conservation Appeal to Texans and Texas Businesses [ERCOT]
- Why Bitcoin's pollution could grow after leaving China [The Verge]
- Crypto miners in Texas shut down operations as state experiences extreme heat wave [Coin Telegraph]
- Square Enix's Final Fantasy VII NFTs Are Stupid Little Things [Kotaku]
- Square Enix summons Meteor, launches its NFT project [The Verge]
- Final Fantasy VII NFT figureine pre-order page [Square Enix]
- Tesla sells 75% of its bitcoin as profits slump due to production challenges [The Guardian]
- Elon Musk denies he is bitcoin creator Satoshi Nakamoto [CNBC]
- Tweet where Musk says he only owned a small amount of Bitcoin
- Tweet where Musk says BTC is BS
- Elon Musk, Who Simply Shouldn't Tweet, Has Caused Another Bitcoin Crash [Gizmodo Australia]
- Tweet where Musk asks if Tesla should accept Dogecoin
- Tesla Has Already Stopped Taking Bitcoin [Gizmodo Australia]
- Here's photographic evidence of Henry Ford, Thomas Edison and their mates going glamping a lot. They called themselves the Vagabonds because of course they did.
