Post
Topic
Board Economics
Re: Tesla stops car purchases with Bitcoin
by
jostorres
on 17/05/2021, 17:57:06 UTC
Your thoughts on this? Are cryptocurrencies, and, in particular, Bitcoin, that harming to the environment when compared to cash? Or is this just an excuse for screwing people over?
Seriously I don't know you people like to worry about things like this. First thing you have to understand is that this community has been around for years without Tesla accepting Bitcoin as a payment method. And moreover the price drop isn't because Tesla is not accepting Bitcoin, whether they are accepting it or not, the price was still going to drop, so you're just making an assumption which you're not sure.

If I can remember, it hasn't been long that Tesla started accepting Bitcoin as a payment on their platform. It's just like Amazon, a lot of people wishes for them to be accepting Bitcoin, imagine if they do that and eventually price goes up days, weeks, months, or even years later, some people are going to say that it is because of them that the price went up. With or without all these big companies and institutions, prices will still grow.