Summary:
Elon Musk praised El Salvador's Bitcoin achievements as "super impressive".
El Salvador reports decreased crime rates, lower food prices, and economic growth linked to Bitcoin.
Bitcoin's price has recovered to $71,000 amid growing interest.
The Royal Government of Bhutan sold 292 BTC, valued at $66.16 million.
Musk is promoting Grok AI, asking users for feedback on its medical analysis capabilities.
Tech billionaire Elon Musk has shown his excitement regarding a recent tweet from Nayib Bukele, the President of El Salvador. In his tweet, Bukele shared impressive statistics about the country, highlighting the positive impacts of Bitcoin, its official currency.
Musk's Reaction to Bitcoin-Driven Data: "Super Impressive"
Bukele's tweet included metrics that suggested a decline in crime rates, reduced food prices, lower country risk, decreasing tax rates, and a drop in the migration rate. Notably, Musk has expressed concerns about similar issues in the U.S. economy. The data indicates that El Salvador's economy, tourism, and energy generation are thriving, with Bitcoin also showing an upward trend, possibly reflecting the country's BTC accumulation or the value of its holdings. Musk commented on these achievements, labeling them as "super impressive."
Bitcoin has recently surged, regaining the $71,000 price mark for the first time in months. While El Salvador continues to accumulate BTC, other entities, including governments, are offloading their assets. For instance, the Royal Government of Bhutan recently deposited 292 BTC worth approximately $66.16 million into the Binance exchange.
Elon Musk Teases Grok AI Breakthrough
In a separate update, Musk urged his followers on X to test the AI bot Grok, which can analyze medical images like X-rays, PET, and MRI scans. He acknowledged that while the feature is still in its early stages, it is already showing promising accuracy. Users are encouraged to provide feedback on Grok's performance, with one user already reporting accurate analysis of a blood test. Musk's interaction with the community continues to generate interest in both his tech ventures and cryptocurrency insights.
Comments