Update in September 2022, Elon Musk was known for his tweets and statements that had a significant impact on the prices of cryptocurrencies like Bitcoin and Dogecoin. I recommend checking a reliable news source or Elon Musk's social media accounts for the most recent updates on his crypto-related activities.

Musk was commenting on an X post asking: What's a scam that's so normalized we don't even realize it's a scam anymore? "Fiat currency," Musk replied, referring to state-issued money backed by government borrowing rather than a scarce resource like gold or bitcoin.