Elon Musk is giving up on Bitcoin for the environment

Uzoma Okafor
Mind Talk
Published in
2 min readMay 18, 2021

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His tweets as usual caused a drop in the price of the cryptocurrency.

Elon musk, the visionary leader of Tesla, recently tweeted that Tesla would stop accepting Bitcoin as payment for cars, citing environmental reasons. He wrote, “Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at a great cost to the environment…

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