Musk's Reasons for Promoting Bitcoin

Why does Musk promote Bitcoin and dogecoin?

I believe that most people think that Musk is manipulating virtual currency and is used to cut leeks! Its real intention is not that you completely misunderstood Musk.

In the recent Russian-Ukrainian war, NATO and the European Union, led by the United States, sanctioned Russia, and the money and things of the rich Russians were frozen, even the money of Russian countries was frozen by the United States.

Once the war breaks out, the currency of any country is unsafe, either frozen by hostile countries or devalued.

The advantage of virtual currency such as Bitcoin and dogecoin is that it is not restricted by any country. No country can freeze virtual currency and it is not easy to depreciate. If you exchange dollars, euros, etc. Or if you convert your currency into bitcoin, you don't have to worry about being sanctioned, frozen or confiscated by any country. You can change the virtual currency into any stable country anytime and anywhere, and you can also trust the currency of that country without being sanctioned. This is the foresight of Musk.

For example, if Musk had Russian nationality instead of American nationality, he would have put his money in the safest neutral country "Swiss Bank", and in this Russian-Ukrainian war, Swiss Bank also participated in the sanctions against Russia. If Musk had Russian nationality, his money would have been frozen. Even the safest Swiss bank on earth has broken its promise, so which bank on earth can be trusted?

Let's take another look. If Musk converts money into bitcoin, just as the United States wants to freeze Musk's bitcoin, it is impossible for the United States to freeze someone's bitcoin.

Musk can convert bitcoin into banknotes of any country, and that country on earth cannot freeze his money (bitcoin). This is why Musk should focus on recommending Bitcoin.

Let's talk about Musk's great dream of immigrating to Mars. If this dream comes true in the future and millions or even hundreds of millions of people immigrate to Mars, then many people will come to Mars to live and use money to circulate. The money in that country on earth is not as good as bitcoin. The safest and most practical currency/nature is bitcoin.