Post
Topic
Board Bitcoin Discussion
Re: Bitcoin ATM installed at Elon Musk’s Tesla Gigafactory
by
TimeTeller
on 11/10/2020, 22:37:16 UTC
What can you make of this specially coming from Elon? Another sign bullish sign?

What do you mean by "coming from Elon"? The ATM is owned and installed by LibertyX ATM, which is not Elon's. LibertyX ATM is a separate company who also made a name by being the owner of the largest Bitcoin ATM network in the USA.

We cannot conclude whether this means the factory's workers are into Bitcoin until we see how this single Bitcoin ATM operates in the next days and weeks. We will see whether there is really a demand coming from the people in Tesla's factory or not.

I have a wild guess that this is intentionally installed by LibertyX ATM to somehow court Elon to join Bitcoin. Elon is not really a Bitcoin fan despite him being mentioned in the article owning a tiny amount of it. Having 0.25BTC does not make him a fan.

That was 2018 though when he tweeted about having 0.25 btc courtesy of his friend.
A lot happened in crypto, and I think he has more than 0.25btc right now, but we will not know those details for sure.
Definitely, Elon knows about the Bitcoin ATM installation in his place but to what extent he is into crypto, we have no idea.