Elon Musk Predicts The Future Of The US Dollar

Juhi Mirza
Elon Musk US Dollar currency USD
Source: elceo.com

The fluctuating US dollar woes have finally been heard by Tesla chief Elon Musk. With the US political drama intensifying after Biden’s exit, Musk took to Twitter to share a wide variety of opinions on the future of the US dollar. At the same time, Musk took a jibe at Kamala Harris being proposed as the next presidential candidate as well as shared comments on the US going bankrupt very soon.

Also Read: Currency: Two Reasons Why The US Dollar May Derail Further

Musk Shares His New Opinion On the US Dollar.

Source: Siasat.com

SpaceX CEO Elon Musk surprised the internet the other day when he shared his comments on the future of the US dollar. Sharing an image of the US dollar devaluing at a rapid pace, Musk intended to outline how the US dollar devaluation is currently halfway through.

The image Musk shared on X attracted significant comments from noteworthy figures in the corporate and crypto worlds. While some of them commented on how Dogecoin can help fix the currency issues, the CEO of Microstrategy, Michael Saylor, also chimed in to share how Bitcoin can help solve such complex currency woes. He commented in a way that was suggestive of how Bitcoin is better than bullets, directly addressing the image shared by Musk on X.

Some enthusiasts were also quick to suggest how the gold standard can help America protect its financial prestige.

Musk on Kamala Harris, US Debt

Musk also shared a few tweets on US debt. The Tesla CEO reposted Dogecoin’s Shibetoshi Nakomoto’s post on US debt, which mainly discussed the nation eating away 76% of the income taxes collected. Musk retweeted the post by adding how the following procedure may accelerate the prospects of the US going bankrupt soon.

He later retweeted an old video of Kamala Harris addressing a group of people, taking a direct jibe at her.

Also Read: Bloomberg Predicts Ripple XRP-SEC Case To End Soon: Here’s When