Elon Musk, the CEO of Tesla and SpaceX, recently took to Twitter to express his view that fiat currencies are an outright "scam." This is not the first time Musk has voiced skepticism about fiat, as he has previously stated his support for cryptocurrency. Musk's own social media platform, X, plans to enable money transfers in fiat currency before potentially expanding into crypto transactions. Unlike fiat, Bitcoin has a limited supply and is decentralized, providing independence from government overreach and inflationary policies.
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