Tesla finally accepts Bitcoin payments

IamDozzy

Active member
It is no longer news that the founder of Tesla, Elon Musk invested $1.5b into Bitcoin and his company is ready to accept Bitcoin as a form of payment.

Tesla updated its investment portfolio to provide a more flexible option to optimally maximize cash returns that would not be required to maintain operating liquidity. Approved by the Board of Directors Audit Committee, Tesla is prepared to invest in gold bullion, gold exchange traded assets, digital assets and other that would be brought forward in the future.
The world is going digital, cryptocurrency is a part of it, Bitcoin is its King and the world's richest man, Elon Musk just confirmed it.
 

Ekuvero

Active member
This is a welcome development in the crypto world, Cryptocurrency is the new crude oil. Tesla enlisting Bitcoin as a mode of payment would only do more good to cryptocurrency cause their would be a surge in Price in bitcoin and the other cryptocurrency. This would definitely bring a massive demand in Bitcoin bringing a massive surge in the price of Bitcoin and other crypto making Bitcoin hits its all time highest price, other companies would definitely follow the path of Tesla in Adopting cryptocurrency as payment option
 

IamDozzy

Active member
This is a welcome development in the crypto world, Cryptocurrency is the new crude oil. Tesla enlisting Bitcoin as a mode of payment would only do more good to cryptocurrency cause their would be a surge in Price in bitcoin and the other cryptocurrency. This would definitely bring a massive demand in Bitcoin bringing a massive surge in the price of Bitcoin and other crypto making Bitcoin hits its all time highest price, other companies would definitely follow the path of Tesla in Adopting cryptocurrency as payment option
You are right, this would not only boost Bitcoin, but it would boost other cryptocurrencies too. I heard Dogecoin shot up the moment the announcement came that Elon Musk invested $1.5b into Bitcoin and Tesla is willing to accept Bitcoin as a form of payment. The world is going digital and cryptocurrency might just be Its means of legal tender.
 

Ahmedo24

Verified member
It is a very big boost because it put smile on the faces of Investors as the Investment put a rise in the price of Bitcoin to about $9000 difference in a matter of three days. This could trigger other Investors to consider Investing in bitcoin as a save heaven. Tesla is a big company to reckon with any time..
 
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