Tesla CEO Elon Musk: Bitcoin and Crypto Take Aim at Centralized Government

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In an interview with Kara Swisher Tuesday at the annual invite-only Code Conference in Beverly Hills, California, Elon Musk argued global governments should steer clear of trying to regulate Bitcoin and cryptocurrency.

“It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement,” Musk said during his red-chair interview.

When asked whether the U.S. government should be involved in Bitcoin and crypto regulation, Musk responded, “I would say, Do nothing.”

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