Elon Musk agrees to speak with Twitter CEO Jack Dorsey at Bitcoin event

Elon Musk agrees to speak with Twitter CEO Jack Dorsey at Bitcoin event

Tesla CEO and Dogecoin enthusiast Elon Musk may be speaking at an event aimed at educating institutional investors on Bitcoin. 

In a Twitter discussion with Jack Dorsey overnight, Musk agreed to speak at The ₿ Word, a July 21 virtual event hosted by the Crypto Council for Innovation and featuring major players in the crypto space.

Our top trading bots

“As more companies and institutions get into the mix, we all want to help protect and spread what makes #bitcoin open development so perfect,” said Dorsey. “This day is focused on education and actions to do just that.”

Musk responded to Dorsey with a sexual innuendo — he has seemingly never been shy about sharing such material — before agreeing to virtually sit down with him and discuss Bitcoin at the event. 

Elon Musk agrees to speak with Twitter CEO Jack Dorsey at Bitcoin event
Source: Twitter

Featured speakers at the event include Dorsey; Wood; Blockstream founder Adam Back; Michael Morell, former acting and deputy director of the United States Central Intelligence Agency; and John Newbery, director of Brink — a nonprofit focused on supporting Bitcoin (BTC) development. The organizers have said the event is intended to “destigmatize mainstream narratives about Bitcoin.”

In March, Musk made waves in the crypto space — and may have largely contributed to a BTC price surge — when he announced Tesla had added $1.5 billion worth of Bitcoin to its balance sheet and would start to accept the crypto asset as a form of payment for the electric vehicles. However, in May the Tesla CEO posted a tweet highlighting his concerns about Bitcoin’s energy usage and saying the company would no longer consider Bitcoin payments.

Related: Crypto’s fraught relationship with Elon Musk: Ambassador or liability?

It’s unclear what effect a discussion with Dorsey or other major crypto players may have on Bitcoin policy at Tesla or for Musk personally. The Tesla CEO said earlier this month he would reconsider adding Bitcoin transactions at the firm “when there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend.”

At the time of publication, the price of Bitcoin $32,805, having fallen 3.5% in the last 24 hours.

Keep reading upon Cointelegraph
The future of art? World-famous artists delve into NFTs
For millennia, the world of art has remained unchanged for the most part. The tradition has always revolved around artists selling their work to museums,...
China proves Bitcoin is an unstoppable machine: Bitcoin Center founder
China’s crackdown on Bitcoin (BTC) mining continues to face determined responses across the crypto ecosystem. One of the first BTC exchange operators and...
How to farm Chia: A guide to XCH token farming using a hard drive
Chia Network recently entered the cryptocurrency scene and has quickly piqued the interest of many miners and investors. There are several reasons for this:...
'Absolutely right' to think of Bitcoin as the new gold — Mexico's 3rd richest man
Bitcoin (BTC) is definitively the "new gold" for the third richest man in Mexico, Ricardo Salinas Pliego.In a tweet on June 27, Ricardo Salinas Pliego confirmed...
3 things traders are saying about Bitcoin and the state of the bull market
Bitcoin’s (BTC) dip below $29,000 on June 22 rocked the markets a handful of analysts to call for a potential drop below $20,000. Many traders on crypto...
Litecoin Tumbles 20% In Bearish Trade
Investing.com - Litecoin was trading at $168.290 by 16:18 (20:18 GMT) on the Investing.com Index on Friday, down 20.10% on the day. It was the largest one-day...
XRP Falls 20% In Rout
Investing.com - XRP was trading at $1.12938 by 00:56 (04:56 GMT) on the Investing.com Index on Thursday, down 19.83% on the day. It was the largest one-day...
Block.one secures funding for $10B EOS-based crypto exchange platform
Blockchain software firm Block.one has announced plans to launch a cryptocurrency exchange subsidiary.According to a release published on Tuesday, the platform...
Bullish ETH/BTC pair revives the Ethereum 'flippening’ discussion
Bitcoin and the overall cryptocurrency market saw minor losses on April 29 as the market heads into the expiry of $4.2 billion worth of (BTC) options contracts. Data...
Garry Tan’s 2013 investment of $300K in Coinbase is now worth $2.4B
Garry Tan, a prominent angel investor and the founder of Initialized Capital, was one of the first investors to provide seed funding to Coinbase eight years...
BTC December futures reach $73,500 — Is everyone flipping ultra bullish?
Bitcoin (BTC) has been struggling to break the $60,000 resistance for almost a month. But despite the impasse, BTC futures markets have never been so bullish....
Venture capitalists invest over $16B in blockchain equity since 2012
Did you know that between 2012 and 2020, over 3,000 blockchain venture capital deals occurred across the world? Cointelegraph Consulting has built the most...
The first days of Bitcoin and Dustin D. Trammell’s emails with Satoshi Nakamoto
It is not known if Satoshi Nakamoto created Bitcoin (BTC) alone, if they had help from others, or whether they themself are just a pseudonym for a developer...
Another Goldman Sachs Exec Leaves Job For Career in the Crypto-World
Another executive from Goldman Sachs gave up a career on Wall Street in the name of cryptos. Richard Kim, a former exec at the international investment...
Bitcoin Plunged Below $10,000 Amid Growing Fears Over SEC Strict Regulation
On March 7, for the first time in a few weeks, bitcoin’s price drastically went down below the margin of $10,000, reaching the low of $9,693. According...