The billionaire revealed that he missed the boat to buy bitcoin when the cryptocurrency was introduced to him in 2013.
Broad acceptance
Musk gave his support to bitcoin when he called the digital asset a good thing that will go mainstream.
Musk revealed this when he was speaking to Andressen Horowitz, Marc Andressen, Sriram Krishnan, Gary Tan, Steven Sinofsky, and Aarthi Ramamurthy on the new invitation-only audio social networking app Clubhouse.
During the chat session, the billionaire said:
"I think bitcoin is really on the verge of getting broad acceptance by sort of the conventional finance people.”
Musk recently changed his Twitter bio to “bitcoin,” much like what Twitter CEO and crypto advocate Jack Dorsey had done.
Within a few minutes, bitcoin’s price surged more than 13% and a number of leading tech figures changed their Twitter bios to bitcoin.
Musk is an influential figure and his statements on cryptocurrencies usually influence market movements.
I came late to the party
The bitcoin movement started in 2008 but not everyone got in early, or at least early enough, and Musk is one of them.
He revealed that some of his friends tried to convince him to buy the digital asset in the past but he is “late to the party.”
He goes on to say that he could have bought the digital asset in 2013 when he was introduced to digital assets by one of his friends.
In an exchange with famous author JK Rowling, Musk revealed in May 2020 that he owned 0.25 BTC.
Opinion on altcoins
Despite speaking so highly of bitcoin, Musk revealed that he doesn’t “have a strong opinion on other cryptocurrencies.”
Musk also took the time to talk about Dogecoin, a coin that he said might be his favorite cryptocurrency. His statements on Dogecoin have previously pumped the token.
He said he sometimes makes jokes about DOGE, a cryptocurrency that started as a joke and gained attention.
"They are really just meant to be jokes, but you know Dogecoin was made as a joke to make fun of cryptocurrencies obviously, but fate loves irony and often as a friend of mine says that the most ironic outcome or I'd say the most entertaining outcome and the most ironic outcome would be that Dogecoin becomes the currency of earth in the future,” he said.
100% Success Money Back Guarantee
If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Take your next step towards crypto success
$799/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
What’s included in Pro:
Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the success guarantee work?
If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Recommended from Cryptonary
