Arab Press

بالشعب و للشعب
Friday, Jun 20, 2025

Elon Musk trolls Jack Dorsey on Bitcoin, sets debate date

Elon Musk trolls Jack Dorsey on Bitcoin, sets debate date

Tesla CEO Elon Musk trolled Twitter CEO Jack Dorsey and Ark Invest CEO Cathie Wood in response to a tweet from Dorsey about Bitcoin while eventually agreeing to participate in a debate over the cryptocurrency.

"The #bitcoin development community above all else," Dorsey, a prominent proponent of the cryptocurrency, tweeted Wednesday. "As more companies and institutions get into the mix, we all want to help protect and spread what makes open development so perfect. This day is focused on education and actions to do just that."

Dorsey linked his tweet to a website for a "Bitcoin-focused initiative" called The B Word hosted by the Crypto Council for Innovation, which touts itself as "a global alliance of crypto industry leaders." Dorsey will be co-hosting the event with Wood.

"Bicurious?" Musk responded, likely in reference to "The B Word" website.


He then followed up with another tweet, saying, "Oh right … Bitcoin haha."

"Bizarre!" Dorsey shot back. "Let’s you and I have a conversation at the event. You can share all your curiosities…"

He added in another tweet: "Let’s have THE talk."

"For the Bitcurious?" Musk asked, referencing those who may be curious about Bitcoin. "Very well then, let’s do it."

"Done! Will set up," Dorsey responded.

The talk or debate is set for an event on July 21.

Wood then joined in on the fun, tweeting, "Brilliant! Looking forward to the discussion."


Dorsey's and Musk's attitudes toward the world's most popular cryptocurrency differ in that the Twitter founder has been unwavering in his support of Bitcoin while Musk has expressed concern with its impact on the environment. Bitcoin mining is done by solving mathematical puzzles on powerful computers that require large amounts of energy.

"We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel," Musk said in a May 12 statement posted to Twitter. "Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at great cost to the environment."

Tesla announced in February that it was acquiring $1.5 billion worth of bitcoin and would accept the cryptocurrency as payment. Musk later backtracked on the decision, saying the crypto's use of energy was a threat to climate change and the automaker would no longer accept it as payment.

Critics accused Musk of manipulating the market through his praise and criticism of the coin, as well as his unwavering support for a cryptocurrency that started as a joke but has since gained immense pop called Dogecoin.

The Tesla founder on June 12, however, suggested that could change.

"When there's confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions," Musk tweeted at the time.

Dorsey, meanwhile, has suggested that he'll be in the Bitcoin game for the long haul. He suggested at the Bitcoin 2021 conference in Miami that he would dedicate his work to Bitcoin if it weren't for his other two tech companies, Twitter and Square. Dorsey has purchased more than $200 million in Bitcoin through Square since October of last year.

"If I were not at Square or Twitter, I would be working on Bitcoin," Dorsey said during the conference. "…Whatever I can do — whatever my companies can do — to make Bitcoin accessible to everyone, that is what I will do for the rest of my life."

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
UK Deploys Jets to Middle East Amid Rising Tensions
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
Israeli Forces Intercept Gaza-Bound Aid Vessel Carrying Greta Thunberg
IMF Warns of Severe Global Trade War Impacts on Emerging Markets
Syria to Reconnect to Global Economy After 14 Years of Isolation
Saudi Arabia Faces Uncertainty Over Succession After Mohammed bin Salman
Israel Confirms Arming Gaza Clan to Counter Hamas Influence
Majority of French Voters View Macron's Presidency as a Failure
U.S. Reduces Military Presence in Syria
Trump Demands Iran End All Uranium Enrichment in Nuclear Talks
Iran Warns Europe Against Politicizing UN Nuclear Report
Businessman Mauled by Lion at Luxury Namibian Lodge
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
Head of Gaza Aid Group Resigns Amid Humanitarian Concerns
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
×