Tesla CEO Elon Musk: Bitcoin and crypto target the central government

In an interview with Cara Switzer on Tuesday at the annual Invitational Code Conference in Beverly Hills, California, Elon Musk argued that world governments should refrain from trying to control bitcoin and cryptocurrency.

“I think it’s not possible to destroy crypto, but it’s possible for the government to slow its progress,” Musk said during his red chair interview.

Asked if the U.S. government should be involved in bitcoin and crypto regulation, Musk replied, “I would say, do nothing.”

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