Ilon Mask continues to be curious about crypto-currencies

Ilon Mask is one of the greatest minds in the world. He contributed to the development of projects such as Zip2, Xcom, SpaceX, Tesla, SolarCity, Hyperloop, OpenAi, Neuralink and now The Boring Company.

In all these projects, one common theme is obvious. The purpose of the Mask is to help mankind to explore the various problems that currently exist or will be a serious problem in the future. This includes working with levels of consumption of fossil fuels in the automotive industry by developing the electric vehicle company Tesla, as well as exploring space in its company SpaceX.

Therefore, when Ilon Mask speaks or does something in some area, people pay attention. That's why, when he was pictured with a book on crypto-currency in his hand, the users of the Internet community went crazy.

Ilon Mask and the book of Julian Hosp

The book, together with which was depicted Ilon Mask, is called Cryptocurrencies Simply Explained. This is a short book that gives a basic understanding of the world of crypto currency, Blockchain, Bitcoin, decentralization and initial offers of coins (ICO).

The author, Dr. Julian Hosp, works together with some companies in the field of blockchain. The most famous among them is FinTech TenX. Its main specialization is related to the areas Bitcoin and Blockchain. On his website, he clearly stated his vision that the book will help, at least, 1 billion people understand the technology to 2025 year.

Many people in the crypto-currency community are excited after they saw the Mask depicted with the book. There are many theories about why he holds this book in his hands.

Some users believe that Max is considering making some contribution to this space, perhaps by creating his own digital asset that can be used in his companies Tesla and SpaceX.

He, of course, is well versed in payment systems, having an online financial services company –, acquired by PayPal in 2000.

Subsequently, he became CEO of PayPal before being suspended in October 2000 due to problems with other leaders in the company. When the company was sold to eBay in 2002, Mask was the largest shareholder, with 11,7% of the company's shares, and through this sale it received about 165 million dollars.

He does have a small track record in the crypto-currency space as an investor. Mask showed that he owns about 0.25 Bitcoin, which was given to him by a friend a few years ago. To date, this is about 2330 dollars, which is not a significant investment for the Mask.

However, this does not mean that he does not believe in blockchain technology or crypto currency in general. That is why it will be interesting to see what steps it will take in the future.

Author: Olga Novikova, Analyst Freedman Club Crypto News
Image from Fotolia

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