Elon Musk’s Reaction Triggered by Bitcoin El Salvador President: Details

investing.com 29/10/2024 - 14:48 PM

U.Today – Elon Musk's Reaction to El Salvador’s Bitcoin Data

Tech billionaire and serial entrepreneur Elon Musk reacted to a recent tweet by El Salvador’s president Nayib Bukele, who shared statistics about the country mentioning Bitcoin, its only official currency for several years.

Musk's Reaction to Bitcoin-Driven Data: "Super Impressive"

El Salvador’s president shared recent statistical data, although the time frame was not specified. Among reported metrics were a decline in criminal activities, food prices, country risk, tax rates, government spending, and migration rates. These are significant issues for Musk concerning the US. Furthermore, metrics like the economy, tourism, and energy generation in El Salvador are reportedly on the rise based on the tweet.

One highlighted metric was Bitcoin, indicated with an upward arrow, likely referencing either the amount of BTC accumulated by the country, its value, or both.

Elon Musk responded to the tweet, declaring these accomplishments as “super impressive.”

Bitcoin recently soared back to the $71,000 price level for the first time in months, while El Salvador continues to accumulate BTC. In contrast, other significant entities, including governments, are selling; for instance, the Royal Government of Bhutan deposited 292 BTC worth approximately $66.16 million to the Binance exchange.

Elon Musk Teases Grok AI Breakthrough

Today, Elon Musk urged the community to test the AI bot Grok for analyzing medical images like X-ray, PET, and MRI. He cautioned that this function is still in the early stages but is “already quite accurate and will become extremely good.” Musk encouraged X users to provide feedback on Grok's performance.

An X user reported Grok analyzing a blood test accurately, and Musk responded: “Cool.”

This article was originally published on U.Today




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