Topic: There is a probability that tesla will use bitcoin again - page 2. (Read 264 times)
A lot of people are skeptical (and some even go as far as hate) Elon but I think he’ll keep his word on this. If he didn’t know about the new data, all Bitcoiners need to do is to really just remind him on Twitter LOL.
The reason he decide to suspend Bitcoin as payment option due to not friendly energy consumption is just a gimmick!
Anyone should check and compare between how much the energy consumption of Bitcoin's mining and banking system. Banking system is way higher energy consumption and produce pollution, why not those banks got shutdown?
Anyone should check and compare between how much the energy consumption of Bitcoin's mining and banking system. Banking system is way higher energy consumption and produce pollution, why not those banks got shutdown?
The current question is: Could the tesla businessman keep his word?
It was a political decision back then, it will be a political decision whenever they'll re-enable that. You don't know when and what Elon and the Tesla board decides behind the closed doors. Then they'll pack that nicely and make an announcement, or not.
If they go full predatory/business mode, they may even bash Bitcoin a little more and buy some, since the time looks right.
You're paying too much attention to things you have absolutely no control of and may also not affect you much (or at all).
Decision can be turned from No to Yes and vice versa. If Tesla invested in Bitcoin and still hold it, there will be more chance to see Tesla accepts Bitcoin as one of their payment methods again.
Elon Musk and Tesla know that it will bring more positive effect on Bitcoin price, then profit of Tesla investment. In addition, Tesla might more engage into it by developing some equipments or anything relates to Bitcoin mining which are helpful for the industry in order to boost the adaptation to become more environmental friendly.
Follow Tesla investment and other institutional investments with Bitcoin Treasuries.
Elon Musk and Tesla know that it will bring more positive effect on Bitcoin price, then profit of Tesla investment. In addition, Tesla might more engage into it by developing some equipments or anything relates to Bitcoin mining which are helpful for the industry in order to boost the adaptation to become more environmental friendly.
Follow Tesla investment and other institutional investments with Bitcoin Treasuries.
Over time Elon earn a lot of enemies and the more they were when he bought twitter. But I think he is still relevant when it comes to crypto because twitter has already incorporate BTC.
When he was stopped TESLA in accepting BTC, I think he was on the side of the politics where they promote green energy. Now that his demo friends turn against him because of him being advocate of free speech in twitter, I think he will start accepting BTC.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
To be honest, I couldn't care less about what tesla or Elon Musk will do in this regard.
I suppose that if it accepts payments again it will be in the news and maybe it will have some influence on the price but I don't think it will be anything like the first time when it announced that it not only accepted payment in bitcoin, but that it was also going to buy for its reserves.
On the other hand, does anyone believe that even if bitcoin payments are accepted, many Teslas will be bought that way? I don't think so. Even if I had bitcoins to spare, I wouldn't do it.
I suppose that if it accepts payments again it will be in the news and maybe it will have some influence on the price but I don't think it will be anything like the first time when it announced that it not only accepted payment in bitcoin, but that it was also going to buy for its reserves.
On the other hand, does anyone believe that even if bitcoin payments are accepted, many Teslas will be bought that way? I don't think so. Even if I had bitcoins to spare, I wouldn't do it.
Elon Musk (which is more appropriate than using Tesla directly) stopped Tesla not to accept bitcoin payment because he wanted his followers to also dump bitcoin and go for doge. When he announced that and said Tesla will only accept a coin that uses 1% of energy that bitcoin is using, we knew he wanted doge to be the most dominant cryptocurrency. Elon Musk announced that Tesla no more accept bitcoin, bitcoin still later increased to all-time-high after the time. Is Elon Musk necessary or important about anything related to bitcoin, thsst is no. Remember bitcoin is not centralized and Tesla is just a company out of millions of great companies existing in the world.
Tesla is a company that has been dedicated to the manufacture and sale of electric cars in the United States, and at a stipulated time the opportunity was given to receive the renowned bitcoin virtual currency as a payment method, but due to conflicts between cryptominers and Environmentalorganizations , South African owner Elon Musk decided to temporarily suspend this asset until BTC mining made the decision to produce with renewable energy.
The current question is: Could the tesla businessman keep his word? It is obvious that bitcoin is setting a trend this year 2022 and many countries have allowed its regulation due to the potential it demonstrates, not accepting it back could come make a mistake, in addition, the crypto mining companies have already fulfilled the condition that was imposed on them, according to a recent report, the results obtained by mining after switching to renewable energy are demonstrated, which shows a notorious impact
The tesla industry should not miss this opportunity that will surely bring benefits. What choice do you think Elon Musk will make?
Source: https://cryptoslate.com/bitcoin-mining-council-thinks-tesla-may-accept-btc-again-for-this-reason/
The current question is: Could the tesla businessman keep his word? It is obvious that bitcoin is setting a trend this year 2022 and many countries have allowed its regulation due to the potential it demonstrates, not accepting it back could come make a mistake, in addition, the crypto mining companies have already fulfilled the condition that was imposed on them, according to a recent report, the results obtained by mining after switching to renewable energy are demonstrated, which shows a notorious impact
Quote
had increased approximately 59% year-on-year, from Q1 2021 to Q1 2022, making it one of the most sustainable industries globally
The tesla industry should not miss this opportunity that will surely bring benefits. What choice do you think Elon Musk will make?
Source: https://cryptoslate.com/bitcoin-mining-council-thinks-tesla-may-accept-btc-again-for-this-reason/
Jump to: