and they even plan to accept Bitcoin as a form of payment soon!
For Teslas? I thought they already did, no?
That's interesting about them buying all that bitcoin--I don't know exactly what's up with these companies snapping up bitcoin like it's going out of style, but it certainly has helped the price.
Its like Michael Saylor's analogy.
Holding FIAT/Cash at the moment is like owning a big block of ice in your back
garden, its slowly melting into the ground, what to you do ? move it to somewhere where
it stops melting. In FIAT terms the most viable option is Bitcoin.
For Teslas? I thought they already did, no?
Please dont ask questions like this... it is easy to visit Tesla website and see what they accept for payment and Bitcoin is still not there.
Can you imagine?
I can also imagine that Bitcoin is going much higher than it is now and Elon Musk is not so stupid to throw away 1.5 billions like that.
And so what if Bitcoin drops again, some people are looking more long term, so don't worry so much about their sake, their earned a lot from their own Tesla pump.
I think because in the previous years he also said about accepting BTC as payment for the cars. I remember there was a thread about this, it's not the first time he bought BTC, even way before 2016, he already was investing BTC. 1.5B today though is really huge that it helped touch a new ATH.
-snip-
Well according to CNBC Tesla will be accepting Bitcoin for their cars.
Tesla to accept Bitcoin as a form of payment soon!
If I remember correctly, credit cards and other merchants withdrew support to pornhub. In retaliation for pornhub offering bitcoin support. Then pornhub was attacked by the media who claimed pornhub "supports" human trafficking and other nasty business.
-snip-
We have seen VISA move into the Crypto space by offering banks Crypto payments and trading support.
The space is changing.