According to a report by “The Block”, Tesla CEO Elon Musk and Ark Invest CEO Cathie Wood discussed the potential impact of Bitcoin on the financial system in an online conversation on the X platform on Friday (22nd). Musk stated that he does not spend too much time thinking about cryptocurrency-related issues, and can even say that he hardly thinks about these topics.
However, Musk admitted that he has been thinking about money and the nature of money for a long time. He stated that he applies the theory of information systems to the issue of currency, viewing the monetary system as an information system. He said:
