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Elon Musk Calls Bitcoin ‘Less Dumb Form of Liquidity Than Cash’

Elon Musk called cash “dumb” when compared to Bitcoin. The Tesla CEO, who's known for not holding back when it comes to his posts on social media, tweeted on Friday that Bitcoin “is simply a less dumb form of liquidity than cash.” He also suggested that fiat currency (government-issued currency) has “negative real interest” and that it would be foolish not to look elsewhere. Tweeting in response to a Bloomberg TV interview, Musk said that having some Bitcoin is “adventurous enough” for an S&P500 company.Musk's tweet came in response to a Bloomberg TV interview with Binance CEO Changpeng Zhao. Binance is the world's largest cryptocurrency exchange platform by volume. During the interview, Zhao called out Musk's advocacy for Dogecoin. However, Zhao also pointed out that Musk's Tesla in

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