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Elon Musk and Jack Dorsey agree to speak about bitcoin at an occasion in July

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Tesla Motors CEO Elon Musk unveils a brand new all-wheel-drive model of the Mannequin S automotive in Hawthorne, California October 9, 2014.
Lucy Nicholson | Reuters

Tech billionaires Elon Musk and Jack Dorsey have agreed to debate bitcoin with one another at an occasion in July.

In a weird Twitter thread, Musk responded to a tweet from Dorsey selling an occasion known as “The B Phrase,” which goals to encourage corporations and institutional traders to undertake bitcoin.

“Bicurious?” the Tesla CEO mentioned, seemingly referring to the “B” phrase in query.

In response, Twitter’s Dorsey mentioned: “Weird! Let’s you and I’ve a dialog on the occasion. You’ll be able to share all of your curiosities…”

Musk agreed. “For the Bitcurious? Very effectively then, let’s do it,” he mentioned, to which Dorsey later replied: “Accomplished! Will arrange.”

The occasion will happen on July 21, in line with its website, “providing a dwell expertise and a library of content material to the investor neighborhood, enabling a extra knowledgeable dialogue in regards to the function Bitcoin can serve for establishments throughout the globe.”

Feedback from Musk have taken bitcoin traders on a wild experience currently. The eccentric Tesla boss initially supported bitcoin, briefly adding the hashtag #bitcoin to his Twitter bio in January.

Tesla then introduced in February that it had bought $1.5 billion worth of bitcoin and would begin accepting it as a technique of cost.

On the identical time, Musk has made numerous tweets supporting dogecoin, which led to a stunning — however short-lived — rally for the joke cryptocurrency.

Extra not too long ago, Musk seems to have rowed again on his views about bitcoin. Final month, he mentioned Tesla would stop accepting bitcoin for car purchases, citing environmental concerns around the “insane” amount of energy required to mine the digital forex.

He additionally posted a meme suggesting he is fallen out of love with bitcoin.

However earlier this month, Musk mentioned that Tesla would settle for the cryptocurrency when not less than half of bitcoin mining is confirmed to be powered by clear vitality.

Bitcoin fell under the important thing $30,000 mark on Tuesday, briefly erasing all its 2021 positive factors. The digital asset has since risen again above $33,000 however continues to be down nearly 50% of its all-time excessive of almost $65,000 which it reached in April.

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