News > Elon Musk says bitcoin "on the verge" of being more widely accepted

Elon Musk says bitcoin "on the verge" of being more widely accepted

The Hindu | 02/02/2021 07:19 PM | Click to read full article

Billionaire Elon Musk said on Monday bitcoin was "on the verge" of being more widely accepted among investors as he expressed his support for the cryptocurrency in a chat on social media app Clubhouse that drew thousands of listeners.

"I am a supporter of bitcoin. I was a little slow on the uptake," he said, adding he should have bought it eight years ago. "I think bitcoin is on the verge of getting broad acceptance by conventional finance people."  

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