February 4, 2023

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Just waking up? Bitcoin update – BTC trashed on Musk Tesla payment comments

1 min read

Elon Musk has shunned payments in BTC for his electric vehicles: 
The basis of Musk’s expressed concern over BTC is its mining and transaction environmental cost (electricity usage, power most often generated by the use of fossil fuels). Musk said he’d support less energy-intensive coins instead.

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