News for hackers. Stuff that matters.
Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by Tenoke on Monday February 08, 2021 @10:25AM (#26065731)
1. It helps to have significant holdings if you plan to use the currency. 2. Tesla buying btc might conceivably move the price more and result in higher overall profits than the investors holding it directly. 3. A lot of companies make investments that in theory the shareholders could've done on their own.
Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by totalZero on Monday February 08, 2021 @11:13AM (#26066403)
Why is (1) true?
Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by nly on Monday February 08, 2021 @11:29AM (#26066617)
Presumably Tesla could start trading covered Bitcoin options to provide some stability to the market/their car prices.