No, I’m Not Building Anything on Ethereum: Elon Musk Denies Rumors

A year after the famous Hollywood actor William Shatner tweeted that Elon Musk and Vitalik Buterin were deciding what to build on Ethereum, the Tesla CEO refuted the rumor but said that he had nothing against the network.

Musk: Not Building On Ethereum

The Canadian actor, arguably most well-known for his role as Captain Kirk on Star Trek, has been quite favorable towards blockchain and cryptocurrencies in the past.

William Shatner (and his role as Captain Kirk). Source: Daily Mail

Aside from releasing his own non-fungible token (NFT) collection, he also tweeted over a year ago that “my friends Vitalik Buterin & Elon Musk were trying to decide what to build on Ethereum. I’ve been waiting and waiting.”

It may have taken Musk over a year to address these rumors, but yesterday he finally replied:

I’m not building anything on ethereum. Not for or against it, just don’t use it or own any.

— Elon Musk (@elonmusk) July 2, 2020

Thus, the CEO of two of the most popular companies, SpaceX and Tesla, denied any previous assumptions that he’s trying to utilize the Ethereum blockchain for future projects. He also said that he’s not “for or against it.”

Shatner later commented on the lateness of Musk’s response by saying, “that reply only took a year. I still love you even though you haven’t found blockchain technology fascinating!”

Elon Musk And The Cryptocurrency Space

The eccentric billionaire, who recently vowed to sell “almost all physical possessions,” has a somewhat intriguing history with the cryptocurrency field, particularly with Bitcoin.

One of the bizarre remarks he made earlier this year was in a tweet, saying that “Bitcoin is not my safe word.” While this statement remains unexplained until this day, the entrepreneur appeared in a podcast shortly after and offered more thorough views on the primary cryptocurrency.

Despite initially claiming that “I’m neither here nor there on Bitcoin,” he noted that when he first read the whitepaper, he thought it was “very clever.” Nevertheless, he didn’t see Bitcoin or any other cryptocurrency to serve as replacements for cash anytime soon but acknowledged that they will have a role during this digitalization phase.

Musk also revealed how much BTC he holds only recently when he commented on a post from the Harry Potter author – J.K. Rowling. While explaining that “massive currency issuance by govt central banks is making Bitcoin Internet (ghost) money solid by comparison,” the Tesla CEO said that “I still only own 0.25 bitcoins.”

Featured image courtesy of Barrons