Tuesday, May 21, 2024
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BIG Wrap

Is Elon Musk dragging bitcoin into the mainstream?

By BIG Media
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Bitcoin tsunami surges to $1 trillion

There’s much discussion surrounding uber-entrepreneur Elon Musk’s startling US$1.5 billion investment in Bitcoin on behalf of Tesla Inc. The company also announced that consumers soon will be able to pay for its electric vehicles using cryptocurrency. Musk’s massive influence has helped drive up cryptocurrency value, but not everyone is on board with the Tesla plunge as Fortune Magazine points out:

https://fortune.com/2021/02/08/tesla-buys-bitcoin-elon-musk-tsla-btc/

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