{"id":929,"date":"2020-05-16T22:00:22","date_gmt":"2020-05-16T22:00:22","guid":{"rendered":"https:\/\/techcavit.com\/?p=929"},"modified":"2020-05-16T22:17:49","modified_gmt":"2020-05-16T22:17:49","slug":"j-k-rowling-and-elon-musk-engage-in-twitter-conversation-about-bitcoin","status":"publish","type":"post","link":"https:\/\/techcavit.com\/j-k-rowling-and-elon-musk-engage-in-twitter-conversation-about-bitcoin\/","title":{"rendered":"J.K. Rowling and Elon Musk Engage in Twitter Conversation About Bitcoin"},"content":{"rendered":"\n<p><br>Just recently, the CEO of SpaceX &#8211; Elon Musk took to Twitter to reveal his current holding of Bitcoin. The conversation ensued during an effort to educate British author and film producer &#8211; J.K. Rowling on the subject of cryptocurrencies. Following a <a href=\"https:\/\/twitter.com\/jk_rowling\/status\/1261351775698694147?s=20\">tweet<\/a> originally referred to CoinDesk&#8217;s senior reporter &#8211; Leigh Cuen by the Orator of the Harry Potter fiction on Saturday, for an explanation to bitcoin&#8217;s operability.<br><br>J.K. Rowling subsequently received Musk&#8217;s reply among several others from Bitcoin&#8217;s advocates and cynics alike; such as the co-founder of Ethereum and Bitcoin Magazine\u2013 Vitalik Buterin, among many others. Notably, the author&#8217;s tweet drew some attention to the tune of 2,800 replies, as at the time of writing.<\/p>\n\n\n\n<figure class=\"wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Pretty much, although massive currency issuance by govt central banks is making Bitcoin Internet \ud83d\udc7b money look solid by comparison<\/p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1261416824459030529?ref_src=twsrc%5Etfw\">May 15, 2020<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Furthermore, the co-founder and CEO of Tesla, Inc., emphasized that the bulky issuance of currencies by the central banks of various economies is making the digital currency &#8211; <a href=\"https:\/\/techcavit.com\/bitcoin-consumes-more-power-annually-than-switzerland-a-study-at-cambridge-university-reveals\/\">Bitcoin<\/a>, more solid in juxtaposition to fiat. Musk also went on ahead to convey his views towards digital money as being positive, even though he currently owns a quarter of a Bitcoin as stated in his tweet that reads;<br><br><em>&#8220;I still only own 0.25 Bitcoins btw.&#8221;<\/em><\/p>\n\n\n\n<p>Yet, Cuen replied Rowling with a reassuring statement while providing her with guides to sample use-cases of Bitcoin. Cuen stressed this in a tweet with the message;<br><br><em>&#8220;Hi! My D.M.s are open if you want to chat w\/out onlookers. The very short version is: Bitcoin is money fueled by a community of contributors. There is no king or central bank in charge. There are countless stories we can use to explore the ethics of a world w\/global currency.&#8221;<\/em><\/p>\n\n\n\n<p>Albeit, Rowling expressed her discontent with regards to the explanations she received, as her curiosity rapidly became debased by the myriad of responses she received. She disclosed her uneasiness towards the topic in question \u2013 with a bit of sarcasm while tweeting the following;<\/p>\n\n\n\n<figure class=\"wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">People are now explaining Bitcoin to me, and honestly, it\u2019s blah blah blah collectibles (My Little Pony?) blah blah blah computers (got one of those) blah blah blah crypto (sounds creepy) blah blah blah understand the risk (I don\u2019t, though.)<\/p>&mdash; J.K. Rowling (@jk_rowling) <a href=\"https:\/\/twitter.com\/jk_rowling\/status\/1261396891784413185?ref_src=twsrc%5Etfw\">May 15, 2020<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Another noteworthy reply is that of Vitalik Buterin, who added that;<br><br><em>&#8220;It is a digital currency. There&#8217;s ~ 18m units of it. It is not backed by anything, it&#8217;s just valuable because it is, like collectibles. There&#8217;s a network of computers (which anyone can join) that maintains a decentralized global excel spreadsheet of how many coins each person has.&#8221;<\/em><\/p>\n\n\n\n<p>Although, Rowling might have admitted being woozy before publishing these tweets, however, her views on the digital currencies and Bitcoin are unlikely to change when she becomes sober or in the foreseeable future.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just recently, the CEO of SpaceX &#8211; Elon Musk took to Twitter to reveal his current holding of Bitcoin. The conversation ensued during an effort to educate British author and film producer &#8211; J.K. Rowling on the subject of cryptocurrencies. Following a tweet originally referred to CoinDesk&#8217;s senior reporter &#8211; Leigh Cuen by the Orator [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":932,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3,2,32],"tags":[172,2181,380],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v16.1 (Yoast SEO v19.5.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>J.K. Rowling and Elon Musk Engage in Twitter Conversation About Bitcoin - TechCavit<\/title>\n<meta name=\"description\" content=\"Just recently, the CEO of SpaceX - Elon Musk took to Twitter to reveal his current holding of Bitcoin. 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