After writing one of the most successful book series of all time about a boy on a quest to quash the forces of evil, Harry Potter author JK Rowling is embarking on a quest of her own: to understand Bitcoin.
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“I don’t understand bitcoin. Please explain it to me,” she wrote on Twitter at 6:44 PM GMT on Friday. Since then, the Tweet has been commented on more than 2400 times and liked nearly 10,000 times.
Ethereum Creator Vitalik Buterin and Coinbase chief executive Brian Armstrong are among many high-profile tech and crypto folks who attempted to talk to the author about Bitcoin.
”I don’t think I trust this.”
“[Bitcoin is “basically global digital payments, plus the store of value properties of gold, all with 21st century cryptographic tech to keep the whole thing running safely,” Vitalik Buterin said following a short string of explanatory tweets.
However, it seems as though the more that Rowling learned about Bitcoin, the less magical appeal it seemed to have: “I don’t think I trust this,” she wrote several hours later response to the @Bitcoin Twitter account that said “Wizards still need to trust Gringotts Bank. Bitcoin fixes this.”
“People are now explaining Bitcoin to me, and honestly, it’s blah blah blah collectibles (My Little Pony?) blah blah blah computers (got one of those) blah blah blah crypto (sounds creepy) blah blah blah understand the risk (I don’t, though.)”
Pretty much, although massive currency issuance by govt central banks is making Bitcoin Internet money look solid by comparison
— Elon Musk (@elonmusk) May 15, 2020