Elon Musk, who is the chief executive of the company Tesla had something big to say which he shared in public as something big hit the mark when he recently tweeted that the electric carmaker shall continue taking Bitcoins as a mode of payment for cars which and basically as a transaction when the miners who are up to verifying the data and transaction will receive more renewable kind of energy.
The Big tweet
Elon stated in his tweet where there shall be general transactions in day to day life and when miners start using it as a form of energy usage which is clean and which shall has a positivity in the future trend in this line then Tesla shall give the signal of passing the transactions of Bitcoins as another mode of payment.
Bitcoin rising up again at some stakes at the very moment as for now, it made it’s rise of 5.0% where $37,360 at around 1810 GMT this passed Sunday where the previous closure made a deal of upto $1,817.87 after Elon made this tweet.
The billionaire had his saying where he came ahead with it and shed a light on the future of Cryptocurrency as he stated that he believe there lays a promising future of Cryptocurrency ahead where it could make up for a lot of things and also making it easier but so to say, but a drawback which is making this setback and not to follow right now is that it could cost the environment with huge measures.
Tesla revealed in February that it had bought about $1.5 billion of Bitcoins which shall depend later and accepting it as a mode of payment in transactions.
The Main Concern
According to the sources, Musk was also reacting to the comments made by Magda Wierzycka, CEO manager asset of Sygnia, who stated that comments of Musk over the prices on Bitcoins leads to some sort of “Market Manipulation” and an investigation by the securities of U.S. must have taken place in this matter as it seems a matter of great concern which could lead to big confusions or problems ahead.
Tesla’s main concerns over Bitcoin and the reason why it hasn’t accepted the transactions of Bitcoins is just because of a lot of factors which adds up in making the effect it has over climate change. We will witness along with time to what will happen later after then.
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