Key Takeaways
- Elon Musk updates his logo to include laser eyes, aligning with Bitcoin culture.
- The laser-eyes meme has been adopted by high-profile figures and institutions such as Michael Saylor, US Senator Cynthia Lummis, and Franklin Templeton.
- Musk supports Bitcoin and other digital currencies, including Ethereum and Dogecoin.
Elon Musk, CEO of Tesla, has updated his profile picture on X (formerly Twitter) to feature laser eyes, a meme symbolizing bullish sentiment in the Bitcoin community.
This change followed President Joe Biden’s announcement of his withdrawal from the 2024 US election campaign.
Laser-eyes meme
The laser-eyes meme, popular among Bitcoin enthusiasts, signifies strong support and optimism for the digital asset’s future.
Tesla & Bitcoin
In February 2021, Tesla announced plans to accept Bitcoin as a payment method. However, this decision was retracted in May 2021 due to environmental concerns related to Bitcoin mining. Musk has since suggested that Tesla would resume accepting Bitcoin payments once the mining industry transitions to more sustainable energy sources.
The laser-eyes trend has been adopted by several notable figures and institutions. Michael Saylor of MicroStrategy, US Senator Cynthia Lummis, and the asset management firm Franklin Templeton have all incorporated the meme into their public personas, signaling their support for Bitcoin.
Musk’s endorsement of the laser-eyes meme potentially underscores his ongoing commitment to the Bitcoin community and its values, especially in the context of recent political developments.
