Billionaire Elon Musk made remarkable statements after the spot Bitcoin ETF approval.
On January 11, Elon Musk attended an X Space broadcast organized by Ark Invest CEO Cathie Wood as a speaker. Musk, who made interesting statements in the publication about Spot Bitcoin ETFs, emphasized that he was open to the idea of integrating Bitcoin into X, but that this was a subject that needed to be studied in detail.
Reminding that Bitcoin, like gold, is not very suitable for daily payments and shopping, the billionaire said that the integrations to be provided could target different purposes at this point.
Although Musk showed a hesitant attitude, his statements that Bitcoin could be used in X triggered an upward movement in Bitcoin, albeit for a short time. In parallel with Musk's speech, Bitcoin rose from $ 46,150 to $ 46,600.
Just like in his previous statements, the billionaire stated that he did not think much about Bitcoin and cryptocurrencies, but did not hesitate to state that he still had a Bitcoin investment.
While he underlined that Tesla and SpaceX keep a sufficient amount of Bitcoin (BTC) and Dogecoin (DOGE) in their balance sheets, he stated that most of the concerns he had about the renewable mining of Bitcoin in the past period have disappeared.
On the other hand, Musk stated that he still has doubts about this issue and reminded that the proof of work system is not sustainable at some point due to its nature.
According to CoinGecko data, Bitcoin, which has lost 0.3% in value in the last 24 hours, is traded at $ 45,837 at the time of writing.
