18 May Tesla Big Short and Civil War on Crypto
Posted at 11:55h
in Andrew's Newsletter
Last week, Elon Musk announced that he will no longer accept Bitcoin for Tesla purchases, allegedly due to the “… rapidly increasing use of fossil fuels for Bitcoin mining and transactions …” Much of this mining takes place in China, but in all honesty, these environmental issues have been known for quite some time. Musk’s big gamble on Dogecoin and his failure to mobilize its move toward $1 has led to significant criticism. At a...