Elon Musk, the meme-loving Tesla chief executive that moves markets with his irreverent tweets, is apparently readying for war.
Musk, who’s recently gone all-in on the somewhat satirical cryptocurrency dogecoin—helping its price soar many thousands of percent to a mind-blowing $42 billion market capitalization—sees a “battle” coming between government-backed fiat currencies and protocol-based cryptocurrencies.
“The true battle is between fiat and crypto,” Musk, who also runs the rocket company SpaceX, said this weekend via his preferred platform, Twitter. “On balance, I support the latter.”