Login to your account

Username *
Password *
Remember Me

Create an account

Fields marked with an asterisk (*) are required.
Name *
Username *
Password *
Verify password *
Email *
Verify email *
Captcha *
Reload Captcha

Elon Musk Dispels Rumours on Plans to Use the Ethereum Blockchain

Written by  Jul 04, 2020

Elon Musk has recently revealed he isn’t using the Ethereum blockchain to build anything, and addressed his stance on the second-largest cryptocurrency by market capitalisation.

Musk’s comments came in response to a tweet published by famous Hollywood actor William Shatner, who claimed last year Elon Musk was, along with Ethereum co-founder Vitalik Buterin, “deciding what to build on Ethereum.”

The Canadian actor, well-known for his role as Captain Kirk on Star Trek, has been a cryptocurrency proponent for some time, at one point even releasing his own non-fungible token (NFT). One year after he tweeted out Musk and Buterin were working on Ethereum, the CEO of Tesla replied.

Advertisement

"I’m not building anything on ethereum. Not for or against it, just don’t use it or own any."

— Elon Musk (@elonmusk) July 2, 2020

In a single tweet, Musk revealed that he is not building anything on top of the second-largest cryptocurrency’s blockchain, nor is he “for or against it.” Shatner later responded to the CEO telling “I still love you even though you haven’t found blockchain technology fascinating.”

Musk has notably made various comments on the cryptocurrency space over time. As reported earlier this year the CEO said crypto could be a replacement for cash. On numerous occasions, he teased the community on the microblogging platform, either tweeting about BTC or about Dogecoin.

If you are new to the Cryptocurrency world and would like to open an account we recommend Cex.io.

Do you find this article useful? Comment below or follow us on Facebook or Twitter.

Carl Brough

Carl comes from a Crypto tech background in Blockchain, his flair and attention to detail is very important to the success of this website. Carl is a freelance journalist who now prefers to work from home and has such a broad range of experience in the alt coin market, we always appreciate his knowledge and ideas.

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Follow Us

Advertisement
sme logo

Popular in Blockchain

May 08, 2020

The miracle of Blockchain

What is a blockchain? and what makes it safe and helpful in managing cryptocurrencies?

Jul 04, 2020

Elon Musk Dispels Rumours on Plans to Use the Ethereum Blockchain

Elon Musk has recently revealed he isn’t using the Ethereum blockchain to build anything, and addressed his stance on ...

May 06, 2020

Blockchain and Cryptocurrency on UK Kindle

Top Blockchain and Cryptocurrency releases on the Amazon Kindle (ordered by release date) at Amazon UK. Starting at £2...

Jan 27, 2020

What is Blockchain?

Blockchain technology is most simply defined as a decentralised, distributed ledger that records the provenance of a dig...

May 04, 2020

Proof of Stake v Proof of Work

Ethereum's underlying protocol will be changed from Proof of work to the Proof of stake protocol, but how many of us act...

May 08, 2020

EOS is decentralising blockchain

EOS is aiming to become a more decentralised network that can support decentralised apps, and also to have the ability t...

May 02, 2020

Two new ways of doing business by incorporating blockchain

Examples of how blockchain can be used in farming and the oil and gas industries? ...

Apr 27, 2020

Build an entire cryptocurrency platform using blockchain

Due to the unbelievable flexibility and openess of the Blockchain, you can create your own Blockchain app. ...

May 15, 2020

Blockchain Industry will reach $21 billion globally by 2025, study suggests

Fortune Business Insight, a market reporting and consulting firm, suggests the global blockchain industry will be valued...