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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Churphans on June 14, 2021, 12:14:29 AM

Title: Elon Musk Reveals When Tesla Will Resume Allowing Bitcoin Payments
Post by: Churphans on June 14, 2021, 12:14:29 AM
Tesla CEO Elon Musk has tweeted that the e-car manufacturer will resume Bitcoin payments when the cryptocurrency’s clean energy usage reaches the 50 percent threshold:

When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions. addition, Musk denied pumping and dumping Bitcoin, describing the accusations recently made by Sygnia CEO Magda Wierzycka as “inaccurate.”     
The centibillionaire has once again confirmed that Tesla only sold 10 percent of its holdings in late April in order to test the cryptocurrency’s liquidity without moving its price. 
Tesla suspended Bitcoin payments due to the adverse environmental impact of mining on May 12, triggering a sharp market correction.source (https://cryptonews.net/801565/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)