CryptoAn Open Letter On Bitcoin To Tesla And Elon...

An Open Letter On Bitcoin To Tesla And Elon Musk

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Dear Tesla and Elon Musk,

In February 2021, Tesla turned an business chief in Bitcoin by accepting fee alongside Microsoft, PayPal, Starbucks, Overstock and Twitch. As Bitcoin customers and supporters, we had been clearly disenchanted in May when Tesla introduced that it might not settle for bitcoin and solely settle for fiat currencies.

Much has been written on the problems of this foreign money, equivalent to aiding organized crime, untraceability and the environmental impression of its use. Nonetheless, whereas this foreign money is overwhelmingly used for crime, nearly untraceable, and kills 1000’s of bushes yearly, we nonetheless assume it might be extreme to ban fiat foreign money utterly. However, we’re confused why a double normal seems to exist for bitcoin.



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