Michael Saylor asked Elon Musk why his electric car producer company is not accepting Bitcoin payments, as he promised 3 years ago.
Michael Saylor is chairman & former CEO of Bitcoin bull firm Microstrategy. This Bitcoin bull company has expertise in business intelligence and currently holds a net of 444,262 $BTC in the form of reserve funds. Saylor always remains active on X (formerly Twitter) to talk about Bitcoin & Bitcoin-related achievements that his company is continuously getting with Bitcoin adoption.
On 28 Dec 2024, Michael Saylor tagged Tesla CEO Elon Musk to know why his company had not restarted accepting Bitcoin payments.
Saylor reminded that Elon Musk promised in 2021 that his company would restart accepting Bitcoin payments when 50% of Bitcoin mining operations will run on green or renewable sources of energy.
As per the data shared by Saylor, currently, 56.76% of Bitcoin mining operations are dependent on sustainable source energy.
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Elon Musk, Bitcoin investment, & controversy
Personally, Musk holds Bitcoin, Ethereum, & Dogecoin in his portfolio and also suggests people not to buy multiple crypto assets.
His company, Tesla, started accepting Bitcoin as a payment method on 24 March 2024, but within 3 months, his company suspended this payment option, citing environmental concerns related to Bitcoin mining.
Later, the Tesla CEO criticised the crypto enthusiasts badly and suggested Musk suspend SpaceX programs, as rockets & spaceships caused huge amounts of pollution, more than the pollution from Bitcoin mining.
Now, it will be interesting to see what response will come from Tesla official Elon Musk because he never makes fake promises.
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Saylor Asks Elon Musk Why Tesla Hasn’t Restarted Accepting Bitcoin Payments Despite His Promise
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https://bitcoinik.com/saylor-asks-elon-musk-why-tesla-hasnt-restarted-accepting-bitcoin-payments-despite-his-promise/feed/
