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Elon Musk claims that governments can only limit the rate at which cryptocurrencies grow.

Tesla CEO Elon Musk stated in a statement to governments around the world that while the growth of cryptocurrencies can be delayed, these digital assets cannot be destroyed at this time. If the goal is to restrict crypto-expansion, the crypto-supporting tech billionaire is said to have advised the US government to do "nothing" about regulating the crypto-space. The 50-year-old multi-billionaire made the comment while speaking at the “Code 2021” conference in the Beverly Hills neighborhood of Los Angeles, California.
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