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Tesla tells SEC they may return to accept Bitcoin as means of payment

Tesla tells SEC they may return to accept Bitcoin as means of payment



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22 Comments

  1. tldr; Electric car maker Tesla may once again accept cryptocurrencies as a means of payment. The information was provided by the company in a report sent to the US Securities and Exchange Commission on earnings and movements for the third quarter of 2021. Tesla showed that between the first day of 2021 and September 30, it purchased and received $1.5 billion of bitcoin.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. Guess Elon is done filling his bags

    When will people stop thinking he is good for crypto. He is out for himself and everyone else believing in him are a bunch of marks in the con.

  3. Why tell the SEC they could accept it again? Is there some SEC related (untold) reason as to why he stopped accepting it? I realize there are things they need to report to the SEC but not sure “means of payment” is one.

  4. Elon Musk had said that as soon as the share of renewable energy in the electricity consumed by the Bitcoin network reached 50%, then Tesla would again accept Bitcoin as a means of payment.

    The Bitcoin Mining Council has just released its second quarterly report, which highlights a figure of 57.7% for Bitcoin mining companies that are members of the association. These are mostly North American companies.

    That should be enough to make Elon Musk keep his word.

What do you think?

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