Tesla chief executive Elon Musk said bitcoin mines were "going to renewable energy" and that his company could re-accept cryptocurrencies as payment for its electric vehicles. Let us tell you that this news may be of help to bitcoin investors because in May, Elon Musk banned Tesla's purchase of bitcoin, voicing concerns about the use of mineral fuel in crypto mines, Due to the sharp decline in digital currency. "We cannot say in crypto mines that energy production is as pure as ice, but energy production is as pure as ice," Musk said at a conference called "The B Word" organized by the Cryptocurrency Council for Innovation. It cannot use the world's most polluted coal. "
Do you know what Elon Musk is saying?
Hydropower, geothermal and nuclear are all good sources of energy for bitcoin mining. Musk said Tesla would start accepting cryptocurrensets and once he ensured that the mines used 50% or more renewable energy. Musk goes on to say that I can pump, but I don't give up. Aside from Musk Tesla and SpaceX shares, this is my biggest asset. Musk said if the price of bitcoin goes down, I lose money. I never believe in getting high prices and selling anything like that. I want to see bitcoin succeed.
Cryptocurrency boom
Musk also clarified that he has more "bitcoin" than Dogecoin or Ether. Elon Musk also said, "I'm not selling bitcoin, or SpaceX or Tesla. It's all suspended." Since the news, bitcoin has risen more than 8% to about $ 32,270 from 12.00 pm last night. Other cryptos are running fast, including Ether and Dogecoin.
The CEO of Twitter also supports bitcoin
Jack Dorsey, chief executive of Twitter Inc. and Square Inc., and Cathy Wood, head of Ark Investment Management, also talked about digital money. This time, Dorsey said that bitcoin encourages new inventions in the energy sector. At the same time, Wood said I believe bitcoin will have a very natural friendship. In the financial sector, it will improve in many ways.
0 Comments