What does Tesla's owner think of Bitcoin?

Heridan · Geregistreerd op: 19 Jan 2021 Berichten: 8

Recently, Elon Musk has shown a particular interest in cryptocurrencies. First, the head of Tesla and SpaceX published several positive tweets about bitcoin, which led to an increase in its rate by $ 5,000, and then in the same way accelerated the price of another cryptocurrency, Dogecoin, by more than 300%. Now it is clear why Musk was so interested in crypto - Tesla announced that it had bought bitcoins for $ 1.5 billion (!). This is an official purchase from a company account registered with the US Securities and Exchange Commission. In addition, Tesla also announced that it plans to accept bitcoin as payment when purchasing cars. But why does she need all this?

Tesla said in a statement that it bought bitcoin for "greater flexibility with further diversification and increased cash flow." In addition, the company said it would begin accepting Bitcoin payments in exchange for its cars. This will make Tesla the first major automaker to accept Bitcoin as payment.

Elon Musk's Twitter behavior in recent weeks was immediately associated with this purchase. He is credited with increasing the value of cryptocurrencies like bitcoin and dogcoin by posting positive messages about them and thus getting more people to buy.

Toxy · Geregistreerd op: 19 Jan 2021 Berichten: 8

Tesla's relationship with Bitcoin is very mixed. He definitely wants to make good money based on his investment in cryptocurrency. It will be useful for you to learn more about elon-musk and bitcoin and perhaps you can draw some personal conclusions. But I think that the price of bitcoin will rise despite all the arguments of Elon Musk.