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cheap wholesale jewelry from china Why does Musk promote Bitcoin and dog coins?
The believe that most people think that Musk is to manipulate virtual currency, which is used to cut leeks! Its true intention is not, you fully understand Musk.
The recent Russian and Ukraine War, headed by the United States, sanctioned Russia in the United States, the money and things of Russian rich people were frozen, and even the money of the Russian country was frozen by the United States.
Once the war starts, the currency of any country is not safe, either frozen by the hostile country or depreciation.
The benefits of virtual currencies such as Bitcoin and dog coins are that they are not restricted by any country. No country can freeze virtual currencies, and it is not easy to depreciate. If you exchange the dollar euro in your hand or the currency of your country to Bitcoin, you should not worry about being sanctioned, frozen or confiscated by any country. You can convert virtual currencies into any stable country, or you trust the country's currency without being sanctioned. This is the foresight of Musk.
If for an example, if Musk is a Russian nationality, not a U.S. nationality, he has the safest China -Swiss bank "Swiss Bank, and this Russian and Ukraine War, Swiss Bank also participated in sanctions Russia, if Musk is a Russian nationality, wouldn't his money be frozen. Even the Swiss bank with the most secure Swiss banks has lost credibility, and which bank is credible on the earth.
In again, if Musk exchanges money to Bitcoin, for example, the United States will freeze Musk's Bitcoin, and it is impossible for the United States to freeze a person's Bitcoin.
Mask can convert Bitcoin into banknotes in any country, and that country on the planet cannot freeze his money (Bitcoin). This is why Musk focuses on recommending Bitcoin.
In more about Musk's great dream, immigrant Mars, if this dream has realized in the future, there are millions of millions or even hundreds of millions of people who immigrate to Mars, so many people come to Mars to live, and it will also be. To use currency to circulate, the money on the earth is not as good as Bitcoin. What is the safest and most practical currency/naturally Bitcoin.