Elon Musk says Tesla will stop accepting bitcoin for car purchases, citing environmental concerns

Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at great cost to the environment.

“There’s a lot of discussion over if it’s a good thing or a bad thing, what’s the true value or is it in a bubble.

During the first quarter of 2021, Tesla bought $1.5 billion worth of “digital assets,” then sold $272 million worth.

This past weekend, the Tesla chief made his hosting debut on “Saturday Night Live” and devoted part of his opening monologue and one sketch to talking up dogecoin.

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