Elon Musk Says He’s Not Selling Bitcoin Amid High Inflation Today

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  • Elon Musk, Technoking of Tesla, says “I still own & won’t sell my Bitcoin” as a signal for the holding of assets in times of high inflation.
  • Micheal Saylor, CEO of MicroStrategy states that “weaker currencies will collapse,” in reference to high levels of inflation.
  • Musk also said “it is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high.”

In a recent tweet ,Elon Musk, Technoking of Tesla, attempted to both question the likelihood of continued inflation over the next couple of years, and soothe concerns of his followers looking for advice as it relates to dealing with inflation by stating “I still own & won’t sell my Bitcoin.”