Wednesday, May 29, 2024

Is Elon Musk dragging bitcoin into the mainstream?

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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