Professor Robert Reich, who served as Labor Secretary under Democratic President Bill Clinton between 1993 and 1997, made the comments on Twitter.
"The human race has never had a monetary system with this much versatility before," said Bitcoin Analyst Jason Deane of Quantum Economics, London.
The Microsoft co-founder and philanthropist discussed Tesla, bitcoin and the U.S. handling of the COVID pandemic on the invitation-only app. Here's what you may have missed.
Wild theories, some tongue-in cheek, suggested there was a deeper meaning in Musk's post, often ignoring its well-documented ties to science fiction literature.
"A Biden White House and blue Senate is a very bullish political backdrop and a potential 'game changer' for Tesla and the overall EV sector in the US, with a more green-driven agenda now certainly in the cards over the next few years," said Daniel Ives, an analyst at Wedbush Securities.
"Crypto assets continue to rank as the poorest hedge for major drawdowns in equities, with questionable diversification benefits at prices so far above production costs, while correlations with cyclical assets are rising as crypto ownership is mainstreamed," JP Morgan said in a research report.
The billionaire technologist, who has long envisioned human travel to the red planet, made the comment on Twitter after NASA posted a video showing its team members celebrating the touchdown.
The CEO of the electric vehicle company explained his stance on Bitcoin after it rallied to record highs.
Bitcoin climbed above $50,000 for the first time Tuesday as major companies continue to show increased interest in the cryptocurrency. Through Friday, Bitcoin has gained about 65% since January 1 and is up about 360% in the last 52-weeks.
Users and non-users of the buzzed-about new app are worried about chat recordings and information being harvested.
Mastercard said it plans to provide support for some cryptocurrency transactions, following Tesla and Wall Street firms into the hot and volatile sector. "We are preparing right now for the future of crypto and payments," a Mastercard official said.
While making an appearance on CNBC, though, Uber CEO Dara Khosrowshahi did float the possibility that people could eventually be able to use cryptocurrencies to pay for Uber services.
The joke cryptocurrency currently ranks 12th among the world's largest cryptocurrencies based on market cap value.
The 100-point Bitcoin Fear & Greed Index, published by Alternative.me, ticked up to 95 Tuesday. Zero represents "extreme fear" and 100 represents "extreme greed."
After the Tesla crashed into a parked car, a second video showed another car losing control on the same hilly street in Glasgow, Scotland.
Some say that the Tesla CEO buying into the cryptocurrency works against his company's conservation goals.
The tweets marked the latest chapter in the tongue-in-cheek relationship between SpaceX and Tesla CEO the cryptocurrency created as a joke in 2013.
"We've just got to work on that landing a little bit," SpaceX announcer John Insprucker said during a livestream of the Starship test flight.
Bitcoin bulls view the cryptocurrency as a hedge against what some fear will be inflation from the cascade of cash injected into the economy through government stimulus programs.
A safety probe by the National Highway Traffic Safety Administration last November noted some 2012-2018 Model S and 2016-2018 Model X vehicles "contain a defect related to motor vehicle safety."
The founder of Tesla and SpaceX has one of the largest followings on the micro-blogging site.
The four-person crew, onboard a Dragon spacecraft, will move across a low earth orbit on a multi-day flight that will "eclipse more than 90 percent of the earth's population."
The Tesla and SpaceX boss said in an interview on the Clubhouse app on Sunday night that his social media posts about dogecoin are "really just meant to be jokes."
Vlad Tenev rejected the speculation while being grilled by the Tesla CEO during an appearance on the invite-only app Clubhouse on Sunday night.
The social media app got a major publicity boost on Monday after Tesla and SpaceX boss Elon Musk appeared on the platform. Here's what you need to know about it.
The former Minnesota governor called out the financial system and claimed capitalism's flaws were being exposed.
Fans of meme cryptocurrency Dogecoin rejoiced on Thursday after it appeared to be referenced by billionaire tech CEO Elon Musk. By Friday, rally plans appeared to falter.
Members of both r/SatoshiStreetBets and r/dogecoin have said they are hoping to pour funds into the cryptocurrency and force its value up to at least $1 per coin.