![Elon Musk Named Time’s Person of the Year, Says Crypto Unlikely to Replace Fiat Elon Musk Named Time’s Person of the Year, Says Crypto Unlikely to Replace Fiat](https://www.coindesk.com/resizer/bZXtpdNVZ5Z6CtIwvXLBRbONHOE=/1200x628/cloudfront-us-east-1.images.arcpublishing.com/coindesk/OZZUYB4MYNEY5FFBST7KJIG5OU.jpg)
![Elon Musk Named Time’s Person of the Year, Says Crypto Unlikely to Replace Fiat Elon Musk Named Time’s Person of the Year, Says Crypto Unlikely to Replace Fiat](https://www.coindesk.com/resizer/bZXtpdNVZ5Z6CtIwvXLBRbONHOE=/1200x628/cloudfront-us-east-1.images.arcpublishing.com/coindesk/OZZUYB4MYNEY5FFBST7KJIG5OU.jpg)
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Regarding this often-criticized influence, Musk told Time that “markets move themselves all the time … based on nothing, as far as I can tell. So the statements that I make, are they materially different from random movements of the stock that might happen anyway? I don’t think so.”
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