May 18, 2021
Last week Elon Musk tweeted that Tesla has suspended vehicle purchases using Bitcoin. He said that Tesla is concerned about the increasing use of fossil fuels for Bitcoin mining. In response, the crypto markets crashed with Bitcoin falling to $42,000. Let’s look at the subsequent tweets from Elon, reaction from the Bitcoin community, the Doge angle, and speculate on what happens next.
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Bitcoin is key to an abundant energy future