Digital currency, which is made with an energy-intensive process that often relies on fossil fuels, fell more than 7% after the tweet
Tesla has suspended the use of bitcoin to purchase its vehicles, Elon Musk said in a tweet on Wednesday, citing concerns about the use of fossil fuel for bitcoin mining.
Related: Dogecoin’s record-breaking rise shoots ‘joke’ cryptocurrency to wider attention
Continue reading...source https://www.theguardian.com/technology/2021/may/12/elon-musk-tesla-bitcoin
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