Re:Tesla has suspended vehicle purchases using Bitcoin
by agumonkey on Wednesday May 12, 2021 @07:24PM
(#27136438)
There's also a few potential compounding layers in this.
- big corp buys btc, makes btc legit, raises confidence and price
- new cryptomillionaire find new friend in musk, and consider tesla the car brand of crypto, spend their money on tesla, including bitcoin, so tesla bitcoin wallet grows, while the company value grows while the asset grows..
it's all shower thought but I found it a fun business trick
- big corp buys btc, makes btc legit, raises confidence and price
- new cryptomillionaire find new friend in musk, and consider tesla the car brand of crypto, spend their money on tesla, including bitcoin, so tesla bitcoin wallet grows, while the company value grows while the asset grows..
it's all shower thought but I found it a fun business trick