Elon Musk Just Devastated Bitcoin With a Single Tweet

Tesla stops accepting Bitcoin payments due to environmental concerns — and gave us invaluable investing lessons

Elon Musk Tesla suspends bitcoin payments due to environmental concerns. Bad for bitcoin
Photo by Alexander Shatov on Unsplash. Altered by the author

Tesla has suspended vehicle purchases using Bitcoin. We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.

Why Tesla suspending Bitcoin payments is a bizarre move?

What can we learn this?

Pouring thoughts in technology and code. Writer with over 2M views. An Android and iOS developer by the day. Investor. Sometimes funny. linktr.ee/anupamchugh

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