Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ...
by SpicyLemonZest on Monday February 08, 2021 @10:03AM
(#26065383)
Evidence from March strongly suggests that Bitcoin isn't actually uncorrelated with other financial assets. So if Tesla's concerned about a large decrease in the value of a dollar, there's not much reason to believe bitcoin will protect them from this, at least not any more than a $1.5B pile of steel would.
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