Elon Musk's father says cryptocurrency is the future of finance

Errol Musk, father of Tesla CEO Elon Musk, stated in an interview with BeInCrypto that cryptocurrency is the future of finance. He expressed confidence that this would be the case, adding that the existing financial model has reached the end of its life. Musk emphasized the simplicity of cryptocurrency compared to the complexity of the banking system. He also noted that he once met with Binance founder Changpeng Zhao and received cryptocurrency directly, bypassing traditional banking channels. Musk added that his two sons, Elon and Kimbal, hold 23,400 BTC.