Normal money is actually a bunch of ancient mainframes – Elon Musk

Elon Musk shares his thoughts again over the benefit of having cryptocurrency. He has been vocal about it in the past also. He was the first person to allow Bitcoin for the purchase of Tesla. This shows his support towards a free currency with no government intervention.

Elon Musk replied to a tweet by Shibetoshi Nakamoto who wrote:”I am convinced that less than 1% of people who talk about cryptocurrency know even the most basic things about it”

To this Elon Musk replied: “Normal money is actually a bunch of ancient mainframes running cobol in batch mode, where govt can edit money database whenever they want”

This shows his support for cryptocurrency. He even shared his open support to dogecoin and which has been gaining popularity ever since.

Normal money is actually a bunch of ancient mainframes running cobol in batch mode, where govt can edit money database whenever they want

— Elon Musk (@elonmusk) November 15, 2021