Cryptocurrency market falls $473 billion after Elon Musk tweet

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.elonmusk dropped a thunderbolt on the cryptocurrency world today – announcing that Tesla will no longer accept bitcoin as payment.

The falls came as the world’s richest man tweeted that his carmaker would no longer accept bitcoin, citing his concerns over carbon emissions produced by the currency.

Musk said he and the company had become “concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel. “Tesla will not be selling any Bitcoin and we intend to use it for transactions as soon as mining transitions to a more sustainable energy.”

 

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elonmusk XiJinping wants a FINANCIAL CONTRIBUTION from ALL CAR manufacturers, OIL industry & INSURANCE companies to the MAINTENANCE & SECURING (pedestrian-cyclist) of PUBLIC ROADS paid by taxpayers.They alone have allowed the growth of these industries with dividends EXCLUSIVELY private

elonmusk This guy must have ADHD

elonmusk Musk ebbs & flows as does Bitcoin.

elonmusk He has to be careful....drop this so called bomb...crypto loose loads of money...he buys loads of crypto at a lower cost...then suddenly accept it again because they had a rethink...makes billions. Simple! Market manipulation? Bitcoin

elonmusk Mining Bitcoin is still a lot better for the environment than printing a $dollar

elonmusk 🤣🤣🤣

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