The richest man in the world now loves crypto

When Elon Musk talks or tweets people generally listen. This week Musk changed his Twitter bio to #Bitcoin ₿. Russell Okung, an offensive lineman for the Carolina Panthers, posted "Plant the flag to declare you are ready for the future". Okung takes half of his $13 million dollar salary in Bitcoin. Shortly after his post he got over 2,000 responses from people showing they had updated their Twitter bios to #Bitcoin too.

When someone like Musk comes out and endorses cryptocurrency the markets inevitably respond. Bitcoin, and many other cryptocurrencies, had a very good week after his post. Bitcoin is now sitting at about $37,700 per Bitcoin as I write this. It will be interesting to see what other social media influencers hop on the crypto train in upcoming weeks. Jack Dorsey, CEO of Twitter, has been a long time supporter. Other celebrities like Ashton Kutcher, Floyd Mayweather Jr. and Snoop Dogg have been purchasing crypto for years.