Elon Musk: "Banknotes Will Lose Their Value!"

Elon Musk made statements about the future of Bitcoin. Tesla's CEO, Elon Musk, talked about the important developments to come. While expressing that banknotes will lose their value and cryptocurrencies will gain value, he mentioned that inflation in the USA will reach record levels.

Elon Musk talked about high inflation in the USA. Musk stated that housing prices will also reach an unstoppable level and that inflation will have great consequences. While expressing that he sees the future of BTC and ETH positively, the successful CEO did not fully comment on the FED's interest rate decision. He emphasized that many people who do not want their money to lose value should trade with BTC.

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