ROFL! Musk says Tesla will accept bitcoin again as crypto miners use more clean energy

Sharing is Caring!
  • Tesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners.
  • “When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” Musk wrote in a tweet.
  • The electric-car maker halted car purchases with bitcoin in mid-May due to concerns over how mining contributes to climate change.
See also  TURDEAU: If you thought this crisis was finally over, think again.

www.cnbc.com/2021/06/13/musk-tesla-will-accept-bitcoin-when-miners-use-clean-energy.html

Government needed Musk to retract his statement (or lose his government/taxpayer subsidies) as BTC is operating as a huge sink to absorb the velocity of fiat being pumped into the system.

See also  Bitcoin Enters Stage #4 Excess Phase Peak Breakdown – Where To Next?

 

The SAME energy used to power “his” cars is the SAME power used to mine crypto.

 

AC

335 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.