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Elon Musk says bitcoin prices 'seem high' after record-breaking period

  Bitcoin surged to a different record on Saturday after reaching quite $1 trillion in market price for the primary time, leaving a number of its biggest backers during a state of wonderment. In a tweet, Elon Musk said Bitcoin prices “seem high.” The world’s richest person was replying to Peter Schiff -- a crypto skeptic and gold bug -- who said the valuable metal is best than Bitcoin and paper money . “Money is simply data that permits us to avoid the inconvenience of barter,” Musk tweeted. “That data, like all data, is subject to latency & error.” during a following post, he added, “that said, BTC & ETH do seem high lol.” Musk earlier called Bitcoin a “less dumb” version of money . the most important cryptocurrency rose the maximum amount as 3.4% to a record high of $57,527 on Saturday before paring gains to $57,040 at 1:26 p.m. in ny . It’s surged 56% since the top of January and quite quadrupled last year. For several years after its debut quite a decad...
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