Hodler's Digest Feb.18-24: Top Stories, Price Movements, Quotes and FUD of the Week

Elon Musk, tech entrepreneur and CEO of Tesla, said this week in an interview that Bitcoin's structure is "Quite brilliant." Speaking to advisory services firm ARK, Musk noted that digital currency is "a far better way to transfer value than pieces of paper." However, Musk did point out some of the downsides of crypto, namely that it is energy-intensive computationally, but added that Tesla resources could help bring about the use of sustainable energy in crypto.

Ethereum co-founder Vitalik Buterin this week took to Reddit in the spirit of transparency and shared a list of his cryptocurrency holdings.

Answering an Ask Me Anything post concerning the sharing of possible conflicts of interests in Ethereum developers' holdings, Buterin noted that he owns "Non-ethereum-ecosystem tokens" like Bitcoin Cash, Bitcoin, Dogecoin and Zcash, but those makeup less than 10 percent of all of his ETH holdings.

Winners and LosersDespite a very positive week for the crypto market, the top 20 cryptocurrencies saw a sharp market reversal over the last 24 hours.

The top three altcoin gainers of the week are ThoreCoin, Graphcoin and S4FE. The top three altcoin losers of the week are HondaisCoin, Crowdvilla Ownership, Vice Industry Token.

Prediction of the Week"I see Bitcoin at a million dollars someday." - Jesse Lund, vice president of blockchain and digital currencies for IBM.FUD of the WeekIndian Police Arrests Group in Alleged $14 Million Cryptocurrency Scam.This week, law enforcement officers in Mumbai, India arrested a group of suspects reportedly involving in a cryptocurrency scam that garnered them around 1 billion rupees.

The Shift Bitcoin debit card is reportedly set to shut down its operations in April of this year, according to a screenshot of an email purportedly from the Shift team posted on Reddit this week.

An official from Spain's central bank, the Bank of Spain, said in a new report that Bitcoin will be unable to solve the problems currently faced by traditional payment systems.

BDE's deputy general director for financial innovations and market infrastructure, Carlos Colesa gave his opinion, which is separate from the bank's, further noting that Bitcoin's transactions processing is too small a value for a global system and that the approval times are too slow.

Ongoing Economic Crises in Venezuela and Beyond Show That the Idea of Bitcoin as a Store of Value Is Increasingly Catching On.As Venezuela's economic situation grows more and more dire, the idea that cryptocurrency - or Bitcoin, specifically - could be a competing way to store value has grown in potential.