Elon Musk Tweets—and Crypto Markets Show Their Growing Pains

The Tesla and SpaceX billionaire has sent Dogecoin and Bitcoin on a roller coaster this month—and exposed weaknesses in the cryptocurrency market along the way.

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Elon Musk says you can buy a Tesla with Bitcoin now

It was inevitable. Elon Musk said today that now you can buy a Tesla with Bitcoin. There aren’t many details on the logistics of this, but like a lot of company announcements, we are finding this out through Musk’s tweets. At the time of writing, the option hasn’t shown up on Tesla’s website. You can now buy a Tesla with Bitcoin — Elon Musk (@elonmusk) March 24, 2021 Musk said that the company is using internal and open-source software to operate Bitcoin nodes and it won’t convert the cryptocurrency transactions to fiat currency. Tesla is using only internal & open… This story continues at The Next WebOr just read more coverage about: Bitcoin,Tesla

Tesla to accept Bitcoin again… when it uses more green energy

Elon Musk is back to his usual Bitcoin fondling antics. The Tesla frontman now says the EV maker will accept Bitcoin as payment when miners use more renewable energy. Back in March, Tesla began accepting Bitcoin as payment for its EVs in the US. While Bitcoin maximalists sang from the tops of their fat stacks of Sats, the rest of the world put the move under the environmental microscope. Tesla was denounced for its move to accept Bitcoin as it’s fundamentally at odds with its mission as a company, which is to reduce emissions, and help usher in a new…This story continues at The Next Web


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