The Muso blockchain believes that if the virus infection rewrites the pace of world economic development in 2020, then in 2021, Bitcoin will be expected to promote the reshuffle of the world wealth rankings. The list of global billionaires published in the well-known American economic magazine “Forbes” is the most direct manifestation. However, Elon Musk overtook Jeff Bezos at the beginning of this year and became the world’s richest man.
The wealth ranking changes rapidly in the short term, which is rare in the ranking history of Forbes. The primary reason for this phenomenon is that the value of Tesla Motors shares held by Musk has changed, and it is the investment in Bitcoin that caused this change. Tesla Motors officially announced on February 8 that it had purchased US$1.5 billion in Bitcoin. According to its 2020 annual report, the company’s GAAP net profit for the year reached US$721 million. It is true that the stock price of Tesla Motors has a very close correlation with the rise and fall of Bitcoin.
Musk, who made this wealth transformation decision, has been “unreasonably playing cards” and is known as “the first king in the crypto industry.” In addition to frequently praising Bitcoin’s development prospects in public and creating momentum for it, on the day Tesla Motors announced the purchase of Bitcoin, the transaction price immediately rose by nearly 20%, reaching nearly US$40,000 mark. It has started the momentum of soaring all the way. I have to say that Musk is the best spokesperson for Bitcoin.
People in the blockchain industry believe that “Musk’s personality and main user groups are more likely to accept Bitcoin. To sum up, it’s cutting-edge and cool.” Although he has made a fortune, Musk regrets that he entered the “crypto industry” late. However, for Bitcoin, investors like Musk “may be late, but they will never be absent.”
At present, we are at the third wave of Bitcoin development, which is an opportunity for Musk and Bitcoin to achieve each other.
Bitcoin was born in 2008, when Lehman Brothers collapsed, and the financial crisis broke out and spread to the world. Then, a completely peer-to-peer electronic cash system that does not require to trust a third party has emerged and named it “Bitcoin”.
However, it may be too late to enter now. The price of Bitcoin is currently more than US$50,000. On the other hand, the unit price of NGK, which below double digits, is more attractive for investors. The current unit price of NGK tokens is US$1.1. This means that buying 1 Bitcoin can buy 5,000 NGK. The NGK is currently in a steady upward phase, rising by about 2% a day, and Bitcoin often rises or falls by nearly 10,000 dollars a day, so it is recommended to join NGK now and its related tokens. The NGK ecological construction participants can enjoy the VAST airdrops now with the conditions to create a new NGK account and purchase more than US$200 of NGK computing power. The deadline is March 8. So, hurry up and join it now!
