Musk says Tesla has suspended taking Bitcoin for vehicle purchases
BTC getting smashed lower on this, of course.
- Musk says is concerned about the environmental impact of bitcoin, increasing use of fossil fuels for mining & transactions, especially coal
- Tesla will not be selling its BTC
- Will use BTC as soon as mining transitions to more sustainable energy
- looking at other cryptos that use less energy
Musk's crypto fanbois will not be happy.
more to come