Elon Musk, the CEO of electric carmaker Tesla, said today the company will reaccept Bitcoin payments for its cars provided the majority of miners use renewable sources to run their farms.“When there’s confirmation of reasonable (~50%) clean energy usage by miners with a positive future trend, Tesla will resume allowing Bitcoin transactions,” said Musk in a tweet.The firm … [Read more...] about Elon Musk says Tesla will resume Bitcoin acceptance if majority of miners go ‘green’
Acceptance
Economist Intelligence Unit’s report shows trends behind the increased acceptance of cryptocurrencies
While cryptocurrency has been around for quite some time now, a stratospheric rise in its use has materialized over the last year, primarily due to the pandemic. As more and more businesses are readily accepting digital currency as payment for goods and services, the number of crypto transactions has risen by a huge margin.The increased use of crypto due to COVID-19To … [Read more...] about Economist Intelligence Unit’s report shows trends behind the increased acceptance of cryptocurrencies