Telsa hints it may soon resume support for crypto payments
Tesla believes cryptocurrencies could emerge as a “liquid alternative to cash” over the longer term. Tesla, the majo electric vehicle manufacturer headed by Dogecoin proselytizer Elon Musk, has hinted that it may soon look to restore support for crypto payments.In a September quarterly filing with the U.S. Securities and Exchanges Commission (SEC), the firm stated it “may in the future restart the practice of transacting in cryptocurrencies,” suggesting Tesla is eying resuming support purchases made using digital assets.The company also expressed its long-term belief in crypto assets as a....
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Tesla CEO Elon Musk tweeted earlier this Sunday that the electric carmaker would resume its Bitcoin transactions once verified crypto mining operations utilise more renewable energy. “When there’s confirmation of reasonable (~50 percent) clean energy usage by miners with [a] positive future trend, Tesla will resume allowing Bitcoin transactions,” he wrote. This is inaccurate. Tesla […]
In Tesla CEO Elon Musk’s latest on Bitcoin, he said the company will resume bitcoin payments once the mining industry gets greener.
Tesla CEO Elon Musk has announced that when there is “confirmation of reasonable (about 50%) clean energy usage by miners with positive future trend,” his electric car company will start accepting bitcoin for payments again. Elon Musk Reveals When Tesla Will Resume Accepting Bitcoin Tesla CEO Elon Musk talked about when Tesla will resume accepting bitcoin for payments Sunday. He wrote: When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions. Tesla began accepting bitcoin for....
The latest OCC statement, which opens the door for banks to use blockchains to validate payments, hints at more than just better services.
The concept of spending Bitcoin anywhere other types of payments are accepted is quite an interesting one, although it may be harder to accomplish than originally anticipated. Plutus is a company looking to bring Bitcoin payments wherever NFC payments are possible, and it seems like Onebit is seeking to do the same. Fierce competition in the market for making Bitcoin payments more convenient and accessible is a good thing, as it elevates the popular digital currency to a global level.