On May 13, Tesla CEO Elon Musk said on Twitter that Tesla has suspended the use of bitcoin to buy cars due to concerns about the burden on the environment caused by the large amount of energy required for bitcoin mining Other cryptocurrencies are also used for computing power mining, such as ETH, which is also a kind of energy consumption. For BTC mining, renewable energy is now used for mining and the protection of environmental pollution has been greatly improved. We all know that Mr Masquerque is a big spender, but why has he become cheap
It may be that the recent news of BTC has been touched by the recent activity of Tesla CEO Elon Musk (Elon Musk), which once again triggered fluctuations in the value of bitcoin. He recently tweeted that Tesla may resume accepting Bitcoin as a payment method
Is this capital support for BTC or the hot event of BTC again? Which leaves us guessing
The negative impact Musk's stoppage of accepting bitcoin in Tesla had in bitcoin, assuming bitcoin was not a strong force, that would have been the end of bitcoin. But then bitcoin survived the shot and that made many Bitcoiners hated Musk and his company. He might return with his dodge manipulation, but his reappearance will not thrill real bitcoiners this time around. Besides, bitcoin is bigger now and does not need any single entity to adopt it. It can survive whether Elon and Tesla accepts it or not. There's definitely gonna be global adoption whether or without Elon. He'll return to the moving ship no doubts but will not be as powerful as he was the other time.