Elon Musk stated during his trial against OpenAI, "Some cryptocurrencies have value, but most are scams," a remark stemming from a court question about OpenAI's consideration in 2018 of issuing tokens (ICO) to fund its non-profit operations; Musk accused OpenAI of deviating from its original purpose after introducing Microsoft investments and pushing for commercialization, while OpenAI responded that it was aware of and supported funding ideas including ICOs at the time. Although Musk initially supported cryptocurrencies, including pushing Tesla to buy about $1.5 billion worth of Bitcoin in 2021 and influencing the Dogecoin market trend, Tesla sold approximately 75% of its related holdings in 2022. (Fortune)

BTC1.97%
DOGE3.25%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin