According to BlockBeats, Elon Musk talked about Bitcoin and cryptocurrency in the "X Takeover" podcast on July 29. He believes that Bitcoin and other cryptocurrencies are valuable and expressed his love for Dogecoin.

Musk made it clear that he has no intention of promoting any cryptocurrency and is only doing it in a joking manner at best. He also mentioned that if anyone sees a video of him promoting cryptocurrency, it must be a deepfake.