On Twitter, Elon Musk Has Mused About Bitcoin – WSJ []

<![CDATA[ !function(t){"use strict";t.loadCSS||(t.loadCSS=function(){});var e=loadCSS.relpreload={};if(e.support=function(){var e;try{e=t.document.createElement("link").relList.supports("preload")}catch(t){e=!1}return function(){return e}}(),e.bindMediaToggle=function(t){var e=t.media||"all";function a(){t.media=e}t.addEventListener?t.addEventListener("load",a):t.attachEvent&&t.attachEvent("onload",a),setTimeout(function(){t.rel="stylesheet",t.media="only x"}),setTimeout(a,3e3)},e.poly=function(){if(!e.support())for(var a=t.document.getElementsByTagName("link"),n=0;n >0;if(“function”!=typeof r)throw new TypeError(“predicate must be a function”);for(var n=arguments[1],i=0;i<t;){var o=e[i];if(r.call(n,o,i,e))return o;i++}},configurable:!0,writable:!0}); "undefined"!=typeof window&&window.NodeList&&!NodeList.prototype.forEach&&(NodeList.prototype.forEach=function(o,t){t=t||window;for(var r=0;r 3&&!e.resolved&&(e.resolved=!0,u.emit(“xhr-resolved”,[],t)),d.inPlace(t,g,”fn-“,c)}function o(t){y.push(t),h&&(b?b.then(a):w?w(a):(E=-E,R.data=E))}function a(){for(var t=0;t<y.length;t++)r([],y[t]);y.length&&(y=[])}function c(t,e){return e}function s(t,e){for(var n in t)e[n]=t[n];return e}t(5);var f=t("ee"),u=f.get("xhr"),d=t("wrap-function")(u),l=NREUM.o,p=l.XHR,h=l.MO,m=l.PR,w=l.SI,v="readystatechange",g=["onload","onerror","onabort","onloadstart","onloadend","onprogress","ontimeout"],y=[];e.exports=u;var x=window.XMLHttpRequest=function(t){var e=new p(t);try{u.emit("new-xhr",[e],e),e.addEventListener(v,i,!1)}catch(n){try{u.emit("internal-error",[n])}catch(r){}}return e};if(s(p,x),x.prototype=p.prototype,d.inPlace(x.prototype,["open","send"],"-xhr-",c),u.on("send-xhr-start",function(t,e){r(t,e),o(e)}),u.on("open-xhr-start",r),h){var b=m&&m.resolve();if(!w&&!m){var E=1,R=document.createTextNode(E);new h(a).observe(R,{characterData:!0})}}else f.on("fn-end",function(t){t[0]&&t[0].type===v||a()})},{}],11:[function(t,e,n){function r(t){if(!c(t))return null;var e=window.NREUM;if(!e.loader_config)return null;var n=(e.loader_config.accountID||"").toString()||null,r=(e.loader_config.agentID||"").toString()||null,f=(e.loader_config.trustKey||"").toString()||null;if(!n||!r)return null;var h=p.generateSpanId(),m=p.generateTraceId(),w=Date.now(),v={spanId:h,traceId:m,timestamp:w};return(t.sameOrigin||s(t)&&l())&&(v.traceContextParentHeader=i(h,m),v.traceContextStateHeader=o(h,w,n,r,f)),(t.sameOrigin&&!u()||!t.sameOrigin&&s(t)&&d())&&(v.newrelicHeader=a(h,m,w,n,r,f)),v}function i(t,e){return"00-"+e+"-"+t+"-01"}function o(t,e,n,r,i){var o=0,a="",c=1,s="",f="";return i+"@nr="+o+"-"+c+"-"+n+"-"+r+"-"+t+"-"+a+"-"+s+"-"+f+"-"+e}function a(t,e,n,r,i,o){var a="btoa"in window&&"function"==typeof window.btoa;if(!a)return null;var c={v:[0,1],d:{ty:"Browser",ac:r,ap:i,id:t,tr:e,ti:n}};return o&&r!==o&&(c.d.tk=o),btoa(JSON.stringify(c))}function c(t){return f()&&s(t)}function s(t){var e=!1,n={};if("init"in NREUM&&"distributed_tracing"in NREUM.init&&(n=NREUM.init.distributed_tracing),t.sameOrigin)e=!0;else if(n.allowed_origins instanceof Array)for(var r=0;r<n.allowed_origins.length;r++){var i=h(n.allowed_origins[r]);if(t.hostname===i.hostname&&t.protocol===i.protocol&&t.port===i.port){e=!0;break}}return e}function f(){return"init"in NREUM&&"distributed_tracing"in NREUM.init&&!!NREUM.init.distributed_tracing.enabled}function u(){return"init"in NREUM&&"distributed_tracing"in NREUM.init&&!!NREUM.init.distributed_tracing.exclude_newrelic_header}function d(){return"init"in NREUM&&"distributed_tracing"in NREUM.init&&NREUM.init.distributed_tracing.cors_use_newrelic_header!==!1}function l(){return"init"in NREUM&&"distributed_tracing"in NREUM.init&&!!NREUM.init.distributed_tracing.cors_use_tracecontext_headers}var p=t(20),h=t(13);e.exports={generateTracePayload:r,shouldGenerateTrace:c}},{}],12:[function(t,e,n){function r(t){var e=this.params,n=this.metrics;if(!this.ended){this.ended=!0;for(var r=0;r34||h0&&d(“lcp”,[n[n.length-1]])}function o(t){t.getEntries().forEach(function(t){t.hadRecentInput||d(“cls”,[t])})}function a(t){if(t instanceof h&&!w){var e=Math.round(t.timeStamp),n={type:t.type};el.offset&&e<=Date.now()?(e-=l.offset,n.fid=l.now()-e):e=l.now(),w=!0,d("timing",["fi",e,n])}}function c(t){d("pageHide",[l.now(),t])}if(!("init"in NREUM&&"page_view_timing"in NREUM.init&&"enabled"in NREUM.init.page_view_timing&&NREUM.init.page_view_timing.enabled===!1)){var s,f,u,d=t("handle"),l=t("loader"),p=t(22),h=NREUM.o.EV;if("PerformanceObserver"in window&&"function"==typeof window.PerformanceObserver){s=new PerformanceObserver(r);try{s.observe({entryTypes:["paint"]})}catch(m){}f=new PerformanceObserver(i);try{f.observe({entryTypes:["largest-contentful-paint"]})}catch(m){}u=new PerformanceObserver(o);try{u.observe({type:"layout-shift",buffered:!0})}catch(m){}}if("addEventListener"in document){var w=!1,v=["click","keydown","mousedown","pointerdown","touchstart"];v.forEach(function(t){document.addEventListener(t,a,!1)})}p(c)}},{}],20:[function(t,e,n){function r(){function t(){return e?15&e[n++]:16*Math.random()|0}var e=null,n=0,r=window.crypto||window.msCrypto;r&&r.getRandomValues&&(e=r.getRandomValues(new Uint8Array(31)));for(var i,o="xxxxxxxx-xxxx-4xxx-yxxx-xxxxxxxxxxxx",a="",c=0;c<o.length;c++)i=o[c],"x"===i?a+=t().toString(16):"y"===i?(i=3&t()|8,a+=i.toString(16)):a+=i;return a}function i(){return a(16)}function o(){return a(32)}function a(t){function e(){return n?15&n[r++]:16*Math.random()|0}var n=null,r=0,i=window.crypto||window.msCrypto;i&&i.getRandomValues&&Uint8Array&&(n=i.getRandomValues(new Uint8Array(31)));for(var o=[],a=0;a<t;a++)o.push(e().toString(16));return o.join("")}e.exports={generateUuid:r,generateSpanId:i,generateTraceId:o}},{}],21:[function(t,e,n){function r(t,e){if(!i)return!1;if(t!==i)return!1;if(!e)return!0;if(!o)return!1;for(var n=o.split("."),r=e.split("."),a=0;a<r.length;a++)if(r[a]!==n[a])return!1;return!0}var i=null,o=null,a=/Version/(S+)s+Safari/;if(navigator.userAgent){var c=navigator.userAgent,s=c.match(a);s&&c.indexOf("Chrome")===-1&&c.indexOf("Chromium")===-1&&(i="Safari",o=s[1])}e.exports={agent:i,version:o,match:r}},{}],22:[function(t,e,n){function r(t){function e(){t(a&&document[a]?document[a]:document[i]?"hidden":"visible")}"addEventListener"in document&&o&&document.addEventListener(o,e,!1)}e.exports=r;var i,o,a;"undefined"!=typeof document.hidden?(i="hidden",o="visibilitychange",a="visibilityState"):"undefined"!=typeof document.msHidden?(i="msHidden",o="msvisibilitychange"):"undefined"!=typeof document.webkitHidden&&(i="webkitHidden",o="webkitvisibilitychange",a="webkitVisibilityState")},{}],23:[function(t,e,n){function r(t,e){var n=[],r="",o=0;for(r in t)i.call(t,r)&&(n[o]=e(r,t[r]),o+=1);return n}var i=Object.prototype.hasOwnProperty;e.exports=r},{}],24:[function(t,e,n){function r(t,e,n){e||(e=0),"undefined"==typeof n&&(n=t?t.length:0);for(var r=-1,i=n-e||0,o=Array(i<0?0:i);++r<i;)o[r]=t[e+r];return o}e.exports=r},{}],25:[function(t,e,n){e.exports={exists:"undefined"!=typeof window.performance&&window.performance.timing&&"undefined"!=typeof window.performance.timing.navigationStart}},{}],ee:[function(t,e,n){function r(){}function i(t){function e(t){return t&&t instanceof r?t:t?f(t,s,a):a()}function n(n,r,i,o,a){if(a!==!1&&(a=!0),!p.aborted||o){t&&a&&t(n,r,i);for(var c=e(i),s=m(n),f=s.length,u=0;u<f;u++)s[u].apply(c,r);var l=d[y[n]];return l&&l.push([x,n,r,c]),c}}function o(t,e){g[t]=m(t).concat(e)}function h(t,e){var n=g[t];if(n)for(var r=0;r<n.length;r++)n[r]===e&&n.splice(r,1)}function m(t){return g[t]||[]}function w(t){return l[t]=l[t]||i(n)}function v(t,e){u(t,function(t,n){e=e||"feature",y[n]=e,e in d||(d[e]=[])})}var g={},y={},x={on:o,addEventListener:o,removeEventListener:h,emit:n,get:w,listeners:m,context:e,buffer:v,abort:c,aborted:!1};return x}function o(t){return f(t,s,a)}function a(){return new r}function c(){(d.api||d.feature)&&(p.aborted=!0,d=p.backlog={})}var s="nr@context",f=t("gos"),u=t(23),d={},l={},p=e.exports=i();e.exports.getOrSetContext=o,p.backlog=d},{}],gos:[function(t,e,n){function r(t,e,n){if(i.call(t,e))return t[e];var r=n();if(Object.defineProperty&&Object.keys)try{return Object.defineProperty(t,e,{value:r,writable:!0,enumerable:!1}),r}catch(o){}return t[e]=r,r}var i=Object.prototype.hasOwnProperty;e.exports=r},{}],handle:[function(t,e,n){function r(t,e,n,r){i.buffer([t],r),i.emit(t,e,n)}var i=t("ee").get("handle");e.exports=r,r.ee=i},{}],id:[function(t,e,n){function r(t){var e=typeof t;return!t||"object"!==e&&"function"!==e?-1:t===window?0:a(t,o,function(){return i++})}var i=1,o="nr@id",a=t("gos");e.exports=r},{}],loader:[function(t,e,n){function r(){if(!b++){var t=x.info=NREUM.info,e=l.getElementsByTagName("script")[0];if(setTimeout(f.abort,3e4),!(t&&t.licenseKey&&t.applicationID&&e))return f.abort();s(g,function(e,n){t[e]||(t[e]=n)});var n=a();c("mark",["onload",n+x.offset],null,"api"),c("timing",["load",n]);var r=l.createElement("script");r.src="https://"+t.agent,e.parentNode.insertBefore(r,e)}}function i(){"complete"===l.readyState&&o()}function o(){c("mark",["domContent",a()+x.offset],null,"api")}var a=t(18),c=t("handle"),s=t(23),f=t("ee"),u=t(21),d=window,l=d.document,p="addEventListener",h="attachEvent",m=d.XMLHttpRequest,w=m&&m.prototype;NREUM.o={ST:setTimeout,SI:d.setImmediate,CT:clearTimeout,XHR:m,REQ:d.Request,EV:d.Event,PR:d.Promise,MO:d.MutationObserver};var v=""+location,g={beacon:"bam.nr-data.net",errorBeacon:"bam.nr-data.net",agent:"js-agent.newrelic.com/nr-1198.min.js"},y=m&&w&&w[p]&&!/CriOS/.test(navigator.userAgent),x=e.exports={offset:a.getLastTimestamp(),now:a,origin:v,features:{},xhrWrappable:y,userAgent:u};t(15),t(19),l[p]?(l[p]("DOMContentLoaded",o,!1),d[p]("load",r,!1)):(l[h]("onreadystatechange",i),d[h]("onload",r)),c("mark",["firstbyte",a.getLastTimestamp()],null,"api");var b=0},{}],"wrap-function":[function(t,e,n){function r(t,e){function n(e,n,r,s,f){function nrWrapper(){var o,a,u,l;try{a=this,o=d(arguments),u="function"==typeof r?r(o,a):r||{}}catch(p){i([p,"",[o,a,s],u],t)}c(n+"start",[o,a,s],u,f);try{return l=e.apply(a,o)}catch(h){throw c(n+"err",[o,a,h],u,f),h}finally{c(n+"end",[o,a,l],u,f)}}return a(e)?e:(n||(n=""),nrWrapper[l]=e,o(e,nrWrapper,t),nrWrapper)}function r(t,e,r,i,o){r||(r="");var c,s,f,u="-"===r.charAt(0);for(f=0;f<e.length;f++)s=e[f],c=t[s],a(c)||(t[s]=n(c,u?s+r:r,i,s,o))}function c(n,r,o,a){if(!h||e){var c=h;h=!0;try{t.emit(n,r,o,e,a)}catch(s){i([s,n,r,o],t)}h=c}}return t||(t=u),n.inPlace=r,n.flag=l,n}function i(t,e){e||(e=u);try{e.emit("internal-error",t)}catch(n){}}function o(t,e,n){if(Object.defineProperty&&Object.keys)try{var r=Object.keys(t);return r.forEach(function(n){Object.defineProperty(e,n,{get:function(){return t[n]},set:function(e){return t[n]=e,e}})}),e}catch(o){i([o],n)}for(var a in t)p.call(t,a)&&(e[a]=t[a]);return e}function a(t){return!(t&&t instanceof Function&&t.apply&&!t[l])}function c(t,e){var n=e(t);return n[l]=t,o(t,n,u),n}function s(t,e,n){var r=t[e];t[e]=c(r,n)}function f(){for(var t=arguments.length,e=new Array(t),n=0;n <![CDATA[ if (window.PerformanceObserver) { window._perfMarkAllowedList = [ 'cx-candybar-onload', 'first-contentful-paint', 'cx-candybar-onload', 'gcRendererStart', 'gpt-tagLoaded', 'gpt-slotRequested', 'gpt-slotRenderEnded', 'gpt-slotOnload', 'optimizely:blockBegin', 'playerLoadStart', 'playerReady', 'playerDisplayed', 'prebidAuctionInit', 'prebidAuctionEnd', 'reactAppRenderStart', 'reactAppRenderEnd', 'apstag-loaded', 'apstag-firstBid', 'moat-loaded', 'moat-ace-firstAdItem', 'moat-uac-firstAdItem', 'djcmp-loaded', 'djcmp-vendor-loaded', 'djcmp-tcdata-loaded' ]; var observer = new PerformanceObserver(function (list) { var entries = list.getEntries(); var _loop = function _loop(i) { var entry = entries[i]; var metricName = entry.name; if ( window._perfMarkAllowedList.indexOf(entry.name) !== -1 ) { var time = Math.round(entry.startTime + entry.duration); if (metricName === 'gpt-slotOnload' ) { if (typeof newrelic !== 'undefined') { newrelic.setCustomAttribute(metricName, time); } setTimeout(function(){observer.disconnect()}, 8000) } else { if (typeof newrelic !== 'undefined') { newrelic.setCustomAttribute(metricName, time); } } } }; for (var i = 0; i // Dynamic Survey additional styling var surveyStyles = document.createElement(‘style’); surveyStyles.type = ‘text/css’; surveyStyles.setAttribute(‘data-purpose’, ‘hok dynamic survey styling’); surveyStyles.innerHTML = ‘#qual_ol{border:0!important;border-radius:0!important;background-color:#f6f6f6!important;box-shadow:0 0 5px rgba(0,0,0,.2)!important}.qual_ol_btn_dot,.qual_ol_hr,.qual_x_close{display:none!important}.qual_ol_send_box{float:none!important}.qual_ol_send{max-width:none!important;width:100%!important;border-radius:0!important;background-color:#1C4384!important;height:inherit!important;padding:10px 5px!important}.qual_ol_ans_text{margin-bottom:0!important;border-color:#a0a0a0!important}.qual_ol_qtitle{line-height:1.4!important;margin-bottom:15px!important;color:#454545!important}.qual_ol_btm{padding-top:5px!important}.qual_ol_logo{max-height:25px!important;margin:5px 0 10px!important}’; document.head.append(surveyStyles); ]]>

‘Bitcoin is almost as bs as fiat money,’ CEO said in December. Tesla now says it purchased $1.5 billion worth of the cryptocurrency.

After tweets from Tesla CEO Elon Musk and rapper Snoop Dogg, the cryptocurrency Dogecoin, which started as a joke, topped $10 billion in market value. WSJ looks at why online investors are pouring money into the meme-inspired virtual currency. Photo: Yuriko Nakao/Aflo/Zuma Press

Elon Musk talks about a lot of things on Twitter , but Tesla Inc.’s disclosure Monday about the company’s investment in bitcoin casts new light on a series of tweets he made about the cryptocurrency in December.

Among other bitcoin-related tweets on Dec. 20, the Tesla chief executive used his Twitter account to post an explicit meme showing what appears to be a bearded monk with the words “Me trying to live a normal productive life” pasted over him. The monk is standing near a woman with the word bitcoin pasted over her.

That graphic elicited a response from Michael Saylor, founder and chief executive of MicroStrategy Inc., a publicly traded enterprise-software company that has invested in bitcoin and made it the company’s reserve asset.

“If you want to do your shareholders a $100 billion favor, convert the [Tesla] balance sheet from [U.S. dollars to bitcoin]. Other firms on the S&P 500 would follow your lead & in time it would grow to become a $1 trillion favor,” Mr. Saylor said in a tweet.

“Are such large transactions even possible?” Mr. Musk said in response to him. Tesla didn’t immediately respond to a request for comment.

<![CDATA[ (function() { if( window.isFontDisplaySupported || sessionStorage.fontOptional ) { return; } window.onfontready=function(e,t,i,n,o){i=i||0,i.timeoutAfter&&setTimeout(function(){n&&(document.body.removeChild(n),n=0,i.onTimeout&&i.onTimeout())},i.timeoutAfter),o=function(){n&&n.firstChild.clientWidth==n.lastChild.clientWidth&&(document.body.removeChild(n),n=0,t())},o(document.body.appendChild(n=document.createElement("div")).innerHTML=''+(i.sampleText||" ")+''+(i.sampleText||" ")+""),n&&(n.firstChild.appendChild(e=document.createElement("iframe")).style.width="999%",e.contentWindow.onresize=o,n.lastChild.appendChild(e=document.createElement("iframe")).style.width="999%",e.contentWindow.onresize=o,e=setTimeout(o))}; window.onfontsready=function(e,t,n,o,i){for(n=n||0,o=i=0;o=e.length&&t()},{timeoutAfter:n.timeoutAfter,sampleText:n.sampleText instanceof Array?n.sampleText[o]:n.sampleText,generic:n.generic instanceof Array?n.generic[o]:n.generic});n.timeoutAfter&&n.onTimeout&&setTimeout(function(){i