Elon Musk: Tesla Stops Receiving Payments in Bitcoin (BTC)

Tesla CEO Elon Musk stated that his company stopped receiving payments in Bitcoin (BTC). As a reason, he showed the damage that Bitcoin has done to the environment.

As will be remembered, the vehicle giant Tesla announced that they accept payments with Bitcoin. But things now seem to be reversed. Tesla has stopped receiving payments in Bitcoin. Elon Musk announced on his Twitter account that Tesla stopped accepting payments with Bitcoin.

Elon Musk’s statement from his Twitter account is as follows:

“We are concerned about the rapid use of fossil fuels for Bitcoin mining, especially coal, which has the worst emissions.

Cryptocurrencies are a good idea on many levels and have an important future. However, it cannot cost a great deal to the environment.

Tesla will not sell any of his Bitcoins. In addition, we plan to use Bitcoin again for payments, as soon as we switch to sustainable energy for mining. “

Stay tuned to SinceCoin to learn more about Bitcoin and other cryptocurrencies.

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