DETROIT: Tesla founder Elon Musk said on Wednesday (Thursday in Manila) he personally has invested in Bitcoin and other cryptocurrencies but that he does not manipulate or "dump" the digital currencies.

In a wide-ranging online panel discussion that included Twitter and Square founder Jack Dorsey, Musk said he believes in cryptocurrencies as a way to "increase the power of the individual in relation to government," and that he has invested in Ethereum and Dogecoin in addition to Bitcoin.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details