Top Stories This Week Tesla CEO Elon Musk Compliments Bitcoin’s Structure, Sees Future With No Paper Money Elon Musk, tech entrepreneur and CEO of Tesla, said this week in an interview that Bitcoin’s (BTC) structure is “quite brilliant.” Speaking to advisory services firm ARK, Musk noted that digital currency is “a far better way to transfer value than pieces of paper.” However, Musk did point out some of the downsides of crypto, namely that it is energy-intensive computationally, but added that Tesla resources could help bring about the use of sustainable energy in crypto. Last year, Musk had noted that …

American venture capital investor and Blockchain industry influencer Tim Draper claimed that Bitcoin (BTC) is “bigger than the internet,” and several other major developments in human history, during the Intelligence Squared US debate in New York City this Saturday, CNBC reported today April 23. During the debate – which Draper undertook alongside Overstock CEO and Bitcoin bull Patrick Byrne and against two crypto skeptics – the billionaire investor compared Bitcoin, and evidently Blockchain in general, to his early investments in Tesla, Hotmail, and Skype. He went further by stating that Bitcoin would be “bigger than all of those combined,” and …