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By Arghyadeep Dutta, 4:30 pm ET:
Twitter Inc’s(TWTR) CEO J ack Dorsey and Tesla Inc’s CEO Elon Musk agreed to discuss the outlook of Bitcoin at a forthcoming event next month, where Musk will “share all [his] curiosities.”
In a Twitter exchange on Friday, Dorsey suggested having “THE talk,” to which Tesla CEO Musk replied, “For the Bitcurious? Very well then, let’s do it,” followed by a wink emoji.
Musk responded to a tweet from Dorsey promoting a conference called “The B Word,” which is scheduled to be held on July 21 “to demystify and destigmatize mainstream narratives about Bitcoin.”
The event is hosted by the Crypto Council for Innovation (CCI) and will explain how institutions can embrace Bitcoin and raise awareness around areas of the network.
The CCI is an alliance of crypto heavyweights like investment firm Paradigm, crypto exchange operator Coinbase Global Inc, financial service provider Fidelity Investments Inc, and fintech Square Inc, to work closely with governments and institutions in the forming of crypto-based public policies.
Cathie Woods, the CEO of ARK Invest, who is also co-sponsoring the Bitcoin conference, later tweeted, “Brilliant! Looking forward to the discussion.”
Although the two Bitcoin bulls have touted the world’s largest cryptocurrency, they sometimes endorsed conflicting views on the future of the digital asset and its mining.
Musk’s appetite for Bitcoin has cooled since May when he announced Tesla will not accept the crypto as payment, backing out from his decision, citing environmental concerns about the energy required for bitcoin mining. But later, he said Tesla may accept bitcoin as a form of payment in the future.
Bitcoin prices were down more than 7% on Friday, changing hands at $32,206 at the time of reporting.
Picture Credit: BBC