Bitcoin, Jack Dorsey and Cathie Wood meet Elon Musk

In the end “the talk”, or the meeting between Elon Musk and Jack Dorsey will be there. It will take place tomorrow, July 21, at the live event of The B Word , a sort of academy founded by Jack Dorsey and Cathie Wood to help institutions embrace bitcoin. 

The live event will begin at 9 AM PT. 

Elon Musk now also appears among the official speakers of the initiative. His speech will most likely be a debate with two of the most enthusiastic fans of bitcoin, Jack Dorsey, CEO of Square and Twitter, and Cathie Wood, founder of Ark Invest and now also a shareholder of Square. Steve Lee will moderate. “Nothing will be off limits,” announces the official website of The B Word.

How the meeting between Jack Dorsey and Elon Musk was born

The exchange of tweets from which the invitation to the meeting was born was born on the occasion of the launch of The B Word . On that occasion, Tesla’s CEO had commented with his usual irony. At that point Jack Dorsey had asked Elon Musk ” The talk “, getting a positive response from Tesla’s CEO.

Now there is a date and time and everything suggests that we will see some good ones. 

In fact, Jack Dorsey and Cathie Wood place many hopes on bitcoin, as an alternative monetary system and as a synonym of freedom . Both are very active and have several collaborations that also aim at sustainable bitcoin mining.

Elon Musk instead has changed his mind. He went on to announce Tesla’s investment in BTC to allow payment in bitcoin for his cars only to “discover hot water” and that is that bitcoin mining consumes a lot of energy. A nice contradiction for someone who produces electric cars that should save the environment. At which point he determined that Tesla would no longer accept bitcoin payments until bitcoin mining takes place with 50% sustainable energy. That was enough to generate hype and a market collapse within a few months.

It will now be up to Jack Dorsey and Cathie Wood to convince Elon Musk of the positive aspects of bitcoin and the efforts of the crypto industry to arrive at a production that is not disastrous for the environment. 

All that remains is to wait and see which issues will be addressed and who will win in what promises to be one of the most anticipated debates in the crypto world. 

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