Post
Topic
Board Bitcoin Discussion
Re: Now tell me if you still believe on Elon Musk.
by
Onuohakk
on 19/05/2021, 19:56:50 UTC
According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?
I want Elon Musks to make another twit that will further bring down the value of Bitcoin.
What falls the price of Bitcoin mostly on Wednesday is after China signal cryptocurrency crackdown.
By stating that Virtual currency (Bitcoin) “is not a real currency” and “should not and cannot be used as currency in the market”, said a joint statement issued late on Tuesday on the People’s Bank of China’s WeChat account, banking, and internet industry associations.