The Bell Tolls For Paper Currency, So Sayeth Musk!

in #cryptocurrency6 years ago

Elon Musk has warned the world that paper money is soon to die. He says cryptocurrency is the future.


Source

Arguably one of the most influential people on Earth, the CEO of Tesla spoke about crypto in a recent interview on ARK Invest’s FYI podcast hosted by Tasha Keeney, he joked about Bitcoin and Etherium, and made clear his opinion that the world would soon choose cryptocurrency as the norm for all exchange, bypassing restrictions on traditional currency.

He also criticized the extreme inefficiency of generating these major cryptocoins. Mining has become a ridiculously exorbitant process, and we at GODcoin have always warned against this. It’s why we have made a coin based on a different methodology, proof-of-stake instead of proof-of-work.

“ I think that the Bitcoin structure was quite brilliant, its seems like there’s some merit to Ethereum as well, and maybe some of the others. But, I’m not sure if it would be a good use of Tesla resources to get into crypto.”
Source

From his other statements, anyone might guess that perhaps Musk intends to thrust Tesla into the crypto market with a product or service of their own, but that doesn't seem to be the plan. Musk says they won’t be selling Bitcoin any time soon, but that statement doesn’t necessarily rule out much.

Either way, it seems clear that Tesla will be investing in something crypto if they predict that to be the direction markets will move in. Elon Musk is interested in universal usability for all walks, which is why he sees crypto as likely. What could be more universal than a currency that no one will buy or sell without? GODcoin is exactly that, as the sole means of exchange to be approved by the Returned Christ, Lord Ra-El. The Kingdom of Heaven will soon be present on Earth, and this new world won’t be all cherubs and fluff. This is a pragmatic, wisely-run civilization.

An investment in GODcoin isn’t simply investment in our sensible innovations and practices. It’s an investment in a far better world.

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This article was authored by Eric Logan, @rasgriz311


There are many advantages to GODcoin especially since it is one of the few coins that will be backed by gold and silver. Not only does GODcoin offer the illuminated path towards a prosperous future, but very soon, it will be the global currency. To learn more, visit the following links:

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More high profile people endorsing crypto... they just need to see GODcoin and they will have fully seen the light :)

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While Musk has had some controversy lately, he's on the right track with this.

It seems we should reach out to him...At least he realizes Bitcoin's inefficiency and a better option [such as GODcoin] should be considered.