Tesla’s CEO Elon Musk will chat with Twitter’s CEO Jack Dorsey during the Bitcoin event.

 

 

Both agreed to hold a meeting during a Twitter chat that began with a tweet from Dorsey promoting the event.

The discussion will focus on the outlook for Bitcoin (BTC/USD), the world’s most valuable cryptocurrency. The Bitcoin event is called the “B Word”, which was launched as an educational initiative for the adoption and promotion of Bitcoin and other crypto assets.

Bitcoin Event will host influential speakers

Two billionaires, both Bitcoin enthusiasts, sometimes have different views on Bitcoin mining and the future of cryptocurrencies. Although they have agreed to chat about Bitcoin, it is unclear whether they intend to hold the meeting virtually or in person.

The B Word event will be sponsored by ARK Invest and will kick off on July 21.

Among the prominent speakers of the event are the director of Brink John Newberry; Michael Morell, former deputy director of the CIA; Blockstream founder Adam Back; Jack Dorsey and Ark Invest’s Cathie Wood.

A meeting between Bitcoin enthusiasts with the biggest impact

Musk has a huge influence on the Bitcoin price. It contributed to the Bitcoin price surge after Tesla announced in March that it had purchased $15 billion worth of Bitcoin. The company has also started accepting cryptocurrencies as a payment method for Tesla products.

In May, however, Tesla announced again that it had stopped accepting Bitcoin for payment, citing environmental concerns surrounding Bitcoin mining. He said that Bitcoin mining uses too much fossil fuel, which goes against the company’s ethics.

Since making such statements about Bitcoin, the crypto community has taken action to enable Bitcoin and crypto mining to use more renewable energy.

Twitter’s Dorsey is also a staunch supporter of Bitcoin and sees a future where the cryptocurrency will be fully accepted by the mainstream.

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