A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.
Elon Musk is the CEO and cofounder of Tesla (and other companies). Tesla engineers and builds electric vehicles and clean energy products. As an innovative company standing at the forefront of technology, it should be expected that it would own cryptocurrency—Tesla purchased $1.5 billion worth of bitcoin in 2021 to begin accepting it as a form of payment.
ELON MUSK
FOUNDER AND CEO OF TESLA & SPACEX
Barry Silbert is the founder and CEO of Digital Currency Group (DCG) , a conglomerate of five cryptocurrency-focused companies. DCG's biggest revenue generator: digital asset manager Grayscale, which oversees $28 billion worth of Bitcoin, Ether and other assets.
BARRY SILBERT
FOUNDER AND CEO OF DIGITAL CURRENCY
GROUP
