Tesla Sold Bitcoin (BTC) to Prove Its Viability as a Currency

Tesla Sold Bitcoin (BTC) to Prove Its Viability as a Currency
фото показано с : btcmanager.com

2021-4-27 16:30

On 27th April, Elon Musk said on Twitter that his company Tesla, sold 10% of its bitcoin holding to investigate and prove the liquidity of Bitcoin. Tesla was testing to see whether Bitcoin can be an alternative to fiat money.

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Bitcoin (BTC) на Currencies.ru

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bitcoin tesla prove sold liquidity testing money

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Фото:

Analyst Explains Rationale Behind Tesla’s New Stance On Bitcoin

Elon Musk recently set the cryptocurrency community ablaze when he announced Tesla’s withdrawal in accepting Bitcoin as a payment medium. The company’s sole reason for backpedaling on its decision to accept Bitcoin is tied to the asset’s level of energy consumption which Tesla believes is highly unsustainable despite Bitcoin being a promising digital currency in […]

2021-5-15 16:09