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Tesla (Tesla) CEO announced that electric car companies will stop accepting Bitcoin (Bitcoin) As a payment method.
Musk’s hypocritical allegations stem from Tesla’s balance sheet still worth about $1.5 billion in Bitcoin.
Musk recently criticized the consumption of Bitcoin energy tweet He announced that Tesla has suspended the use of Bitcoin for car purchases. After Tesla announced the acceptance of Bitcoin payments from American customers, Musk’s sudden reversal occurred only six weeks.
But according to Nick Spanos, the founder of the Bitcoin Center in New York and the co-founder of Zap Protocol, the existence of Bitcoin worth more than $1 billion on Tesla’s balance sheet means that Musk is still willing Profit from an environment he considers dirty. adventure. Spanos told Cointelegraph:
“I challenged Elon. If Bitcoin is too dirty to accept payments for electric cars, then it should also be too dirty to “fraud” everyone else from using it.”
Spanos added: “At least the climate czar John Kerry (Csha John Kerry) gave up his position in the oil industry and then gave up his virtues,” he was referring to the American politician becoming Joe Biden. (Joe Biden)’s presidential special climate ambassador previously sold millions of dollars in oil stocks.
One problem Spanos posed is that if Elon Musk really cares about the environment, he will allow the trade of “dirty” coins in exchange for clean cars. Spanos said:
“The strange thing is that Elon wants environmentally conscious consumers to refuse the ability to exchange their dirty coins for a clean car. This seems to be counterproductive.”
Spanos reminded: “Due to the reactivation and construction of new hydroelectric power stations, a large part of Bitcoin’s electricity consumption is sustainable.” This implies the rise of renewable mining resources. Some research estimates More than 70% of cryptocurrency mining uses renewable energy in some way.
Spanos cited the U.S. Securities and Exchange Commission’s (ESEC) concern about Elon Musk, who was considered to be manipulating Tesla’s stock price with irresponsible and ill-considered tweets.
Musk is now accepting Bitcoin and Dogecoin (Dog) When the world-renowned billionaire decided to be interested in it, it fell like a cryptocurrency. Spanos asked:
“Perhaps, just like he teased Tesla’s DOGE, it was all designed to manipulate the price of Bitcoin. Didn’t he get into trouble for manipulating Tesla’s stock price?”
After the Tesla CEO revealed that he was already at Musk on Friday, Dogecoin once again proved to be responsive to Musk’s tweets Collaborate with developers Improving the transaction efficiency of the meme coin blockchain After the tweet was released, the price of DOGE rose by 26%.
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