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Author Topic: Will you give your BTC to Elon for Tesla Car?  (Read 256 times)
DarkDays
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January 27, 2021, 04:05:08 PM
 #21

Asking the few people who has BTC to spare and buy a Tesla.


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Nothing wrong with spending it I guess but let him buy more from the market. He and his company got plenty of fiat to convert to BTC anyway.
You need to consider the future worth of the two assets. The Tesla car like any other will eventually depreciate in value over time, this is more likely not the case with BTC which is likely to go up by an uncertain amount in the same amount of time.
So, would I give my 0.0001BTC for a Tesla now-hell, yeah. But will I change my mind if I was to pay >1.5BTC? You bet  Grin
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January 27, 2021, 04:06:30 PM
 #22

Why the heck not? Buying a top class product using a popular payment method like BTC which the world's richest man openly supports should be an easy decision if you ask me.

This benefits everyone basically. You acquire a great car and help improve BTC adoption along with Elon. However, any extra fees shouldn't be levied on cryptocurrency transactions (Excluding blockchain fees) in order to compete with FIAT deals.

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January 27, 2021, 04:08:00 PM
 #23

Asking the few people who has BTC to spare and buy a Tesla.


source

Nothing wrong with spending it I guess but let him buy more from the market. He and his company got plenty of fiat to convert to BTC anyway.

For sure bitcoin is a better investment than a Tesla but I guess there is no problem if you have a bitcoin that you want to spend on since bitcoin was a digital currency and it was made as a currency to buy something if you can afford it you could buy it.

People just go for investment because it was just better for investment at this moment and not really as a currency that you could spend but there is nothing wrong if you want to spend it the only point is you gonna lose your profit when suddenly bitcoin increases its price for example up to a 100k$.

In my opinion, it would make sense just to use fiat than bitcoin in buying this tesla  Grin to avoid regrets in the end when bitcoin is on the moon again.


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January 27, 2021, 04:19:36 PM
 #24

A Tesla car today is something luxurious and valuable. but over time, its value will decrease. besides that there will be maintenance costs, fuel, and taxes. I'd rather keep my btc on the wallet, rather than give it to elon musk even for a tesla.
Cars depreciate over time. Its value will totally decrease yearly that's why even it is a luxury car, it can't skip depreciation once it's out in the market and streets. But if I've got a lot of bitcoin or I can spend a portion of my bitcoin buying a car and I can truly afford it, why not taste how to drive one? That's why we're holding and investing, to see the results of our patience and use the profit for whatever we want to. Like what I've said, if I can afford to and I still get to hold bitcoin after purchasing it.

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January 27, 2021, 04:24:13 PM
 #25

If I have some bitcoin to spare and wouldn't largely affect my portfolio, I won't have a doubt buying a tesla car using bitcoin. Having a technology-driven car that came from a bitcoin believer company would make me very satisfied with my purchase. Personally, I like cars, and aside from JDM cars, One of my dreams is to have a tesla made car. Elon knows bitcoin is the future and I am too, A spare amount of bitcoin isn't that bad in achieving one of your dreams.
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January 27, 2021, 04:29:27 PM
 #26

Is this actually advertising to tesla !! ??  Smiley
the tangible asset for which bitcoin is exchanged does not matter, it matters is bitcoin.
In reality it is also about individuals and their needs, sometimes situations are looked at from individual perspectives and we limit the context for the future.

If someone can buy a tesla, he needs it, he likes me to buy it ... the only important thing is that he should surely has a Ferrari in his house, which will cost less than that tesla in the future.

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January 27, 2021, 05:07:18 PM
 #27

Asking the few people who has BTC to spare and buy a Tesla.


source

Nothing wrong with spending it I guess but let him buy more from the market. He and his company got plenty of fiat to convert to BTC anyway.

Personally I have not such an attitude to Bitcoin like something untouchable. We earn and try to multiple our assets for our enjoy, development, better conditions of life, opening business or whatever. In case someone just hold and do not wisely spend assets has such a risk to die someday and even do not enjoy his or her richness))) like Scroudge from well-known story)))  in this case there is just subjective attitude and that is all. What does it matter Elon it will be or not Elon in case I would like to enjoy my wellness and buy something that I want)))
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January 27, 2021, 05:12:00 PM
 #28

Asking the few people who has BTC to spare and buy a Tesla.


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Nothing wrong with spending it I guess but let him buy more from the market. He and his company got plenty of fiat to convert to BTC anyway.
I think it's impressive that Tesla becomes more and more affordable and that Musk is somewhat pro-Bitcoin. However, the prices can be significantly higher outside the US and EU due to heavy taxation, making the cars less affordable to people in third-world countries which can already afford less than people in developed countries because of the weak national economy. And if Musk accepts payments in BTC, it doesn't unfortunately mean that any company which actually sells Teslas to customers will.
I think Tesla is the only car to have, but I guess I wouldn't buy even Tesla (even if I had enough BTC, and I don't) because I'm against cars.

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