Fake News Says Musk’s Company Not Accepting Cryptocurrency

Oct 20, 2018 at 16:00 Update Date :Oct 20, 2018 at 16:00 UTC

The news websites reported that the company of a business magnate and investor Elon Musk is boring and neglecting BTC as a way of payment for its famous flamethrowers.

TNW – The Next Web, one of such websites, revealed that the news spread across the web was false and the source is a fake website created by a scammer who is calling that the Real Boring Company isn’t taking cryptocurrency as a mode of payments.

The scam website is still active on the web. It is displaying a variety of payment methods including major crypto like BTC, Bitcoin Cash, ETH. The website claiming that all the proceeds are used to support Hyperloop technology.

Officially, Musk hasn’t responded to it. He is not strange to cryptocurrency space. Despite his minimal presence in the crypto buzz, some cryptocurrency enthusiasts believe that he created BTC. In 2014, Musk said that Bitcoin is a good thing and called it legal to the illegal bridge. That time he also clarified about not owing to any BTC.

Sahil Gupta, a former employee of SpaceX, published a Medium post in 2017, stated that Musk was the BTC creator. This generated a lot of debate in the crypto market where half of the people were supporting the statement and half lambasting it.

Elon Musk discarded the statements and said that he had no idea about the BTC sent to him by a friend. In this year, he revealed that the BTC given to him by his friend is only 0.25 BTC.

Musk is always in the news headlines because he is a frequent target of some spambots on Twitter. To one of his followers on Twitter, he replied: “At this point, I want ETH even if people call it a scam.”

Such scam accounts use the picture and Twitter handle of professionals and comment below their tweets. To prevent himself from such scams, Vitalik Buterin changed his name to Vitalik Non-giver of Ether.

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