Elon Musk: Bitcoin On ‘The Verge Of Broad Acceptance’

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Elon Musk, the billionaire founder of Tesla
TSLA
, has said he thinks the cryptocurrency bitcoin is on “the verge” of breaking into traditional finance.

Musk, who revealed last month he is open to being paid in bitcoin, made the comments during an interview on the app Clubhouse.

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“I do at this point think bitcoin is a good thing,” Musk told a packed Clubhouse chat room.

“I am a supporter of bitcoin. I am late to the party but a supporter. Bitcoin is on the verge of getting broad acceptance by traditional finance people.”

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