No Ethereum for Tesla's Elon Musk

Elon Musk isn’t building anything on Ethereum. No, he isn’t against it, but neither is he for it.

Tesla CEO and co-founder of SpaceX, Elon Musk doesn’t own any ETH. He doesn’t use the digital asset either, but it doesn’t mean he is against the second-largest cryptocurrency by market cap.

“I’m not building anything on ethereum. Not for or against it, just don’t use it or own any,” said Elon.

Elon revealed his intentions about ETH after William Shatner, known for his portrayal of Captain James T. Kirk in the Star Trek franchise said,

“Cryptonians! My friends Vitalik Buterin & Elon Musk were trying to decide what to build on Ethereum. I’ve been waiting & waiting. I finally decided to do something myself.”

Shatner has been a fan of blockchain and recognizes it as a “prospect of the future.” Just last month, he unveiled memorabilia from his personal album via the WAX Blockchain. He released his non-fungible token (NFT) collection on the blockchain for fans all over the world to collect and trade.

It was in response to Shatner’s Tweet that Elon clarified his stance on ETH, which is nothing.

Ethereum core developer Péter Szilágyi appreciates that Elon refrains from this space, “It's a breath of fresh air to have technologists like certain ideas without pushing them all over,” he said.

Last year, Elon tweeted “Ethereum” only to follow it by “jk.” He then responded, “What should be developed on Ethereum?” which triggered the CT.

Elon has previously talked about crypto being “a better way to transfer value than” paper money but said being intensive energy is its downside.

Ethereum (ETH) Live Price

1 ETH/USD =$388.3625 change ~ -1.13%

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24 Hour Volume

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AnTy has been involved in the crypto space full-time for over two years now. Before her blockchain beginnings, she worked with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different industry segments.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


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