Tesla suspends Bitcoin car sales over environmental impact

https://www.theverge.com/2021/5/12/22433153/tesla-suspend-bitcoin-vehicle-purchase-cryptocurrency-elon-musk

by wr1472 • 5 years ago

38 11 5 years ago

theverge.com

koolba2• 5 years ago

Is it the environment? Or is it to make room to accept doge: https://twitter.com/elonmusk/status/1392030108274159619

that_guy_iain• 5 years ago

Why not both?

koolba2• 5 years ago

Currency risk for one. Though that could be mitigated through increased prices to pass on the costs to someone else.

theo-born• 5 years ago

Well, there goes Tesla's Dogecoin adoption as well. Proof-of-Work is here to stay for both of those cryptos.

headmelted• 5 years ago

Going by this..

https://mobile.twitter.com/elonmusk/status/13920301082741596...

.. one could be forgiven for thinking that Tesla might have bought a lot of Dogecoin in the last quarter.

I guess it’s not manipulation if the market isn’t regulated?

but thats none of my business

Lapsa• 5 years ago

fat wario

brianhorakh• 5 years ago

Brilliant. Eth proof of stake, or chia proof of space should both qualify.

sascha_sl• 5 years ago

Proof of stake has the typical issue of people with capital getting even more capital.

Chia is threatening to expand the global chip shortage to both SSD and HDD devices and it needs to go away.

detaro• 5 years ago

dupe: https://news.ycombinator.com/item?id=27135776

coliveira• 5 years ago

So Musk didn't know about the environmental impacts before? There's no way to trust someone who can't even research for 5 minutes before making this kind of decision...

croes• 5 years ago

He knew exactly. Tesla needs new sorts of income, if the sale of carbon dioxide certificates doesn't generate enough profit.

Tesla suspends Bitcoin car sales over environmental impact

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