Elon Musk Says He Would Take a Salary in Bitcoin – Futurism

Blockchain Boy

Its been days since Bloomberg declared Elon Musk to be the richest person on Earth, surpassing even Amazon founder Jeff Bezos with an estimated net worth north of $200 billion.

Now, the billionaire has an idea on how to make some extra cash not that hed probably need it. Responding to writer Ben Mezrich, who said that hes never turning down getting paid in bitcoin again in a Friday tweet, Musk replied with me neither.

Musks remark, which appears to imply that hed be happy to get paid in bitcoin, comes after the cryptocurrency ballooned to a value of over $40,000, setting new all-time records. In March last year, for perspective, one bitcoin was worth only $5,000.

Ironically, two days after Musks tweet, bitcoin slid a devastating 21 percent from Sunday into Monday, the biggest two-day drop since March, as Bloomberg reports.

Arguably, its the perfect illustration of the internet moneys continuing shortcomings as an actual unit of currency.

Time to take some money off the table, Guggenheim global chief investment officer Scott Minerd tweeted following the plunge early this morning.

Even if Musk were to take his salary in the form of bitcoin going forward, hed still have of cash and stocks left over to live out a lavish lifestyle (or head to Mars).

But thats not the case for anybody. Gambling away your earnings on volatile cryptocurrencies is inherently risky but then again, chances are Musk is perfectly aware of that.

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Elon Musk Says He Would Take a Salary in Bitcoin - Futurism