Elon Musk Says Bitcoin ‘Less Dumb Form of Liquidity Than Cash’, He Defends Tesla’s $1.5-Billion Investment

Elon Musk took to Twitter on Friday to say that Bitcoin “is simply a less dumb form of liquidity than cash.” He responded to a Bloomberg TV interview of Binance CEO Changpeng Zhao and wrote, “Having some Bitcoin, which is simply a less dumb form of liquidity than cash, is adventurous enough for an S&P500 company.”