Legitimizing Bitcoin more than offsets the environmental benefits of electric vehicles.
Maybe, if you completely disregard everything else that Bitcoin puts on the table, and how much energy is required to sustain the infrastructure it will make obsolete.
Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
71–80 of 1001 posts
Re: Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
#72Is there a reliable broker out there?
Re: Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
#73Re: Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
#74Re: Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
#75This is going to be one of those events that everyone points back to after the crash to show we had reached peak bubble. Like AOL buying Time Warner etc.
Re: Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
#76Legitimizing Bitcoin more than offsets the environmental benefits of electric vehicles.
Bitcoin uses as much electricity as Chile and a single transaction has the same carbon footprint as ~700k Visa transactions. This may also be underestimated and account for around half of global data centre energy consumption as per a recent study. [1] [1] - https://digiconomist.net/bitcoin-energy-consumption/
Re: Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
#77Came across Teslacharts' podcast [1] (now the Chartcast) and oh boy was I wrong.
This is only the latest in a long series of red flags around Tesla/Musk and however it ends, it will not end well.
Re: Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
#78Re: Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
#79Legitimizing Bitcoin more than offsets the environmental benefits of electric vehicles.