FinTech Magazine - June 2021 | Page 9

Tesla stops accepting Bitcoin as payment

California , US

Only a few months after announcing that Tesla would be accepting Bitcoin as a legitimate form of payment , Elon Musk has retracted this declaration . Citing the deleterious environmental effect of mining Bitcoin as the primary grievance , his words have had their characteristic effect on the popular crypto ’ s value , but not in a positive way ...
Courtesy of Tesla , Inc fintechmagazine . com 9