TIME Magazine, which chose US President Joe Biden as the “person of the year” in 2020, chose Elon Musk, one of the richest in the world, in 2021.
Regarding Elon Musk, founder of Tesla and SpaceX, TIME Magazine said, “Musk has spent a lifetime challenging those who hate him. Now it seems that it has finally proven its success. 2021 was the year of Elon Musk.”
The magazine also stated that Musk is headstrong and does not bow to anyone, and gave the following statements about Musk:
“The richest man in the world but has no home and has recently been selling his wealth.
It launches satellites into orbit. It raises the stock market with a single finger movement. He drives electric and autonomous cars that do not use gasoline of his own production. He is a person who aims to save our planet and find a new planet for us to live on.
Automobile company Tesla, with its success, made Musk the richest person ever. Musk dominates many areas such as robots, the cryptocurrency market, and Wall Street.”
Musk, who made a name for himself with his support and shares for Dogecoin in 2021, continued his support for Dogecoin in his interview.
Stating that Dogecoin is more convenient than Bitcoin in terms of transactions, the famous billionaire said that Dogecoin is somewhat inflationary, but it also decreases over time.
“Bitcoin has low transaction volume but high transaction cost. While Bitcoin is suitable as a store of value, it is not suitable for transactions.
Dogecoin, on the other hand, encourages people to spend rather than accumulate a store of value.”
*Not investment advice.