WHY Elon Musk provoked such a boom on the cryptocurrency market. In the Twitter account, the Tesla chief announced, that the electric car company would no longer accept bitcoin as payment.
Moreover, Elon Musk also said Tesla would not sell its bitcoin. Tree huggers claimed, that there’re used greener sources of energy to power the computers needed to process transactions and create new coins. Despite his recent enthusiasm for bitcoin, Musk said Tesla will not change its position until the currency uses fewer fossil fuels. After the drop on the market, we can keep trending BTC assets, without worrying, that something else can happen.
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