Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

Digital currency, which is made with an energy-intensive process, falls more than 7% after the tweet

The digital currency is created when high-powered computers compete against other machines to solve complex mathematical puzzles, anprocess that currently often relies on electricity generated with fossil fuels, particularly coal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I'd like to believe that this is just an environmental thing. I cant help wondering if it's because Tesla is not allowed to count bitcoin sales as profits, only intangible assets

Fossil fuels are pretty much powering UK Teslas..

Bunch of fucking 'crypto' wankers.

Great way to influence the market. Even control it. Make one announcement in favour of Bitcoin then another damming it. What next? Buy as the price fell then change policy to raise it?

Suspect he's trying to crash the price and you're helping him

Does he make his fucken cars out of flax?

Is he gonna stop using tires as well lol? Buy the dip dumb dumbs.

hours before that, elonmusk asked if he should accept doge as a payment, which also work with pow mining. While he's admiringly a genius, he has also always been inconsistent and unpredictable. he might tweet the exact opposite tomorrow. 🤣

Writing is on the wall. Those that bailed on $DOGE I feel very sorry for. When Elon has a plan, he makes it happen. So glad I held my $DOGE

Insert ➡️ $DOGE

What fuels this little boy’s big toys as they hurtle into space?

But will they take

Lunatic...

Irresponsable con declaraciones hoy sí, mañana no, moviendo mercados como hojas al viento

No he says he has supsended them not denied absolutely

Great, how else am I NOT gonna ever be able to afford a car I don’t want?

I bet he just bought a shitload more Bitcoin at the dip too.

Still can't tell whether elonmusk is evil or not. Doing a good thing this time, next week who knows.

Yet he's investing in space travel. Cognitive dissonance anyone?

Dude is shooting up rockets once a week.. give me a break.

EricIdle

SmartenYourAssUp elonmusk I can't believe that someone this misinformed was allowed to make a $1.5 billion purchase. Then again, I shouldn't be surprised since he runs around pushing dogecoin like a noob.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin crashes as Elon Musk tweets Teslas can’t be bought with cryptoTesla had previously purchased billions of dollars worth of the cryptocurrency That's not the reason. Market manipulation, watch crypto go cray end of 21/2022. Sorry: elonmusk IsraeliTerrorism
Source: The Independent - 🏆 80. / 59 Read more »

How bad are Bitcoin and Dogecoin for the environment?Elon Musk says Telsa will suspend taking Bitcoin until its mining uses ‘more sustainable energy’ Bitcoin douchecoin As much as Elon Musk’s wallet wants it to be. now do capitalism
Source: The Independent - 🏆 80. / 59 Read more »

Bitcoin crashes as Elon Musk tweets Teslas can’t be bought with cryptoTesla had previously purchased billions of dollars worth of the cryptocurrency That's not the reason. Market manipulation, watch crypto go cray end of 21/2022. Sorry: elonmusk IsraeliTerrorism
Source: The Independent - 🏆 80. / 59 Read more »

Activists target Standard Chartered from all sides over fossil fuel linksPosters demand ‘red card’ for Liverpool FC sponsor as hoax website ‘announces’ end of UK bank’s support for coal
Source: The Guardian - 🏆 84. / 53 Read more »

'I led cave rescue of Thai soccer team - we feared we'd never see them alive'Forced to sedate trapped children with ketamine and infamously called up by Elon Musk, Brit diver John Volanthen recalls the great escape that gripped the world
Source: The Mirror - 🏆 136. / 51 Read more »

Energy secretary urges Americans not to hoard gasoline after pipeline hackedFuel shortages are largely a result of unnecessary panic-buying, analysts say For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him TradeMartha Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success IsraelTerroristState This is a sign that people do not trust the government to solve this problem!
Source: The Guardian - 🏆 84. / 53 Read more »