Tesla CEO Elon Musk slams gold supporters

According to BlockBeats, on February 20, gold supporter Peter Schiff said that Bitcoin is not reliable compared to the fiat currency issued by the central bank. Gold, as real money and silver, is more reliable than the former two. Tesla CEO Elon Musk said in a comment, "Paper gold is not equivalent to physical gold, and Peter may also hold cryptocurrency. Money is just a kind of data that allows us to trade better. Therefore, these data, like all data, have delays and errors. The (blockchain) system minimizes delays and errors. If you look at it this way, the prices of Bitcoin and Ethereum may indeed be high, haha." Previously, Musk said on Twitter on May 1, 2020 that Tesla's stock price was too high. On that day, Tesla's stock price fell 10.3%. However, Tesla's stock price subsequently rose 255% in three months.