The change of stance, which was delivered via tweet, comes just weeks after Tesla CFO and dubbed “Master of Coin” Zach Kirkhorn said the company believes in the longevity of bitcoin, despite its volatility.
Tesla has suspended vehicle purchases using Bitcoin.
Kirkhorn said Tesla turned to bitcoin as a place to store cash and still access it immediately, all while providing a better return on investment than more traditional central bank-backed safe havens.
But Elon Musk, the Technoking of Tesla, is known for drastically affecting the crypto market with just a mere tweeting of his thumbs.
When it first became public that Tesla had purchased $1.5 billion in Bitcoin, investors, analysts and money managers at some of the country’s largest banks noted that it presented risks for the company.
Until the energy grid decarbonizes, as TechCrunch noted back in February, mining bitcoin will remain a dirty business, though plenty of mining operations today do use renewable energies, in part.
Derrick Jones stole it near midfield and dribbled down the field to find Urruti, who took one touch to get past the defense and send it by goalkeeper John Pulskamp.
Technology news publication The Verge reported on Wednesday that more than 2,000 Apple employees https://www.theverge.com/2021/5/12/22432909/apple-petition-hiring-antonio-garcia-martinez-chaos-monkeys-facebook had signed an internal petition sent to the company’s leaders with concerns about what the petition writers described as sexist and racist views in the book and whether Apple had followed its own rules in hiring García Martínez.
Love made six 3-pointers, including two in an 11-0 run early in the fourth quarter, and had 14 rebounds as Cleveland closed out a miserable season at Rocket Mortgage FieldHouse with its first win since April 21.