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Tesla Stop Accepting Bitcoin Reddit
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Teslas Elon Musk denounced the insane amount of energy used to produce bitcoin after rejecting the cryptocurrency as a way to pay for car purchases. And it wouldnt accept digital currency until it transitioned to more sustainable energy.
Elon Musk says Tesla will stop accepting bitcoin for car purchases citing environmental concerns.

Tesla stop accepting bitcoin reddit. Tesla CEO Elon Musk said Wednesday on Twitter that Tesla has Suspended vehicle purchases using bitcoin out of concern over Rapidly increasing use of fossil fuels for bitcoin mining In an SEC filing in February Tesla revealed that it bought 15 billion worth of bitcoin and it may invest in more of bitcoin or other crypto currencies in the future. Another take to Tesla not accepting Bitcoin as a form of payment anymore is some speculation Tesla will create their own currency. This happened long before the creation of Bitcoin Cash.
Electric car maker Tesla will stop accepting Bitcoin as a payment CEO Elon Musk tweeted on Wednesday citing environmental concerns. There is no government company or bank in charge of Bitcoin. Tesla has stopped accepting bitcoin as payment for its cars out of concern that it will contribute to greater consumption of fossil fuels according to a statement CEO Elon Musk tweeted Wednesday.
Theres no real world use for it. The comments came at the B-word conference when Tesla said in May that it would stop accepting bitcoins as payments citing environmental concerns. 1 day agoOn May 12 2021 Elon Musk tweeted that Tesla would no longer accept bitcoin as payment because of the networks rapid use of fossil fuels.
Only within two months when the company started accepting the popular cryptocurrency. Cryptocurrency is a good idea on many levels. You might be interested in Bitcoin if you like cryptography distributed peer-to-peer systems or economics.
SpaceX is pretty amazing though he gets credit for seeing that through. Tried spending 50 bucks worth and theres like a 40 dollar fee. Tesla is a green energy solution to cars but wanted to use the least energy efficient cryptocurrency as a form of payment.
Hes playing us and everyone for the fools weare. Will no longer accept Bitcoin for car purchases Chief Executive Elon Musk said on Wednesday citing long-brewing environmental concerns for a. Bitcoins are issued and managed without any central authority whatsoever.
When rBitcoin moderators began censoring content and banning users they disagreed with rbtc became a community for free and open cryptocurrency discussion. He bought Bitcoin pumped it publicly sold dissed Bitcoin. Today rbtc users can discuss any cryptocurrency topic without fear of moderator retaliation while rBitcoin and rCryptoCurrency.
Later Musk explained that a large portion of the mining capacity on the Bitcoin blockchain comes from mining facilities. Made more profit then Tesla did this quarter from that trade. Musks comments at the B Word conference come after Tesla said in May it would stop accepting bitcoin for car purchases less than two months after.
Bitcoin is a distributed worldwide decentralized digital money. At the beginning of this year Tesla began accepting Bitcoin paymentsbut soon had to close this option for its clients due to environmental concerns. Bitcoin is probably the shittiest most sluggish coin in existence.

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