Tesla may once again accept bitcoin payments whether this is capital snobbery or

[btc-1024mining]

On May 13, Tesla CEO Elon Musk said on Twitter that Tesla has suspended the use of bitcoin to buy cars due to concerns about the burden on the environment caused by the large amount of energy required for bitcoin mining Other cryptocurrencies are also used for computing power mining, such as ETH, which is also a kind of energy consumption. For BTC mining, renewable energy is now used for mining and the protection of environmental pollution has been greatly improved. We all know that Mr Masquerque is a big spender, but why has he become cheap

It may be that the recent news of BTC has been touched by the recent activity of Tesla CEO Elon Musk (Elon Musk), which once again triggered fluctuations in the value of bitcoin. He recently tweeted that Tesla may resume accepting Bitcoin as a payment method

Is this capital support for BTC or the hot event of BTC again? Which leaves us guessing

[Oshosondy]

On May 13, Tesla CEO Elon Musk said on Twitter that Tesla has suspended the use of bitcoin to buy cars due to concerns about the burden on the environment caused by the large amount of energy required for bitcoin mining Other cryptocurrencies are also used for computing power mining, such as ETH, which is also a kind of energy consumption. For BTC mining, renewable energy is now used for mining and the protection of environmental pollution has been greatly improved. We all know that Mr Masquerque is a big spender, but why has he become cheap

You need to mention the year which was 2021.

It was a lie that he did not know about the energy bitcoin mining is using, he was only looking for ways to pump doge.

He recently tweeted that Tesla may resume accepting Bitcoin as a payment method

This is not important to bitcoin adoption. He stopped Tesla payment for bitcoin in May 2021, but bitcoin later increased to $69000 that year in November. Bitcoin without Elon Musk also increased to almost $74000 this year.

[Alphakilo]

Bitcoin do not need Elon Musk. We all know how he is a big time Bitcoin manipulator. And when he's company Tesla stop accepting Bitcoin it indeed affected the market price of Bitcoin. But we soon recovered and moved past that event.

Elon Musk is no longer relevant in the Bitcoin community even if he goes on to say that spaceX would start accepting Bitcoin for whatever reason that wont don't change a thing. We know what he is. Bitcoin is growing steadily and also as a result of the amazing community it has therefore we need no distractions adjust time either from Elon Musk, Peter Schiff, Gary Gensler or any other deceptor in the community masking as a supporter.

[CryptoHeadlineNews]

Is this capital support for BTC or the hot event of BTC again? Which leaves us guessing

Yes, it's true that Tesla did stop accepting Bitcoin as payment for it's electric cars back then in May 2021, but the news about if will it come back to accepting Bitcoin after renewable energy source have been used for Bitcoin mining remains a speculation, of which it's not yet valid, untill it's official by Elon Musk himself, who happens today to be the father of Meme tokens such as Dogecoin & Dogebaby. However, one thing certain now is that even though Elon Musk comes back to accepting Bitcoin as payment for his electric cars, he can never have such big influence he has back then in 2021, which affected Bitcoin immediately the news went viral.  But however, he still have a great chance of renewing his influence, but only if he integrate his new app "X" formally known as Twitter into accepting payment with Bitcoin (i.e in-stream subscription, payment for X content creators & e.t.c). Then alone can he reclaim his influence on Bitcoin back.

[Medusah]

Other cryptocurrencies are also used for computing power mining, such as ETH, which is also a kind of energy consumption.

Ethereum operates on a Proof-of-Stake model, which means that unlike Proof-of-Work cryptocurrencies, it consumes no energy overall. 

It may be that the recent news of BTC has been touched by the recent activity of Tesla CEO Elon Musk (Elon Musk), which once again triggered fluctuations in the value of bitcoin. He recently tweeted that Tesla may resume accepting Bitcoin as a payment method

Maybe it's just my perspective, but cars don't hold much significance for me.  What's groundbreaking about this news aside from the fact that it involves a company owned by one of the wealthiest people?  Isn't it simply another product?  And to me, it seems somewhat unnecessary.  I don't frequently purchase cars, but when I do, I prefer taking out a loan and repaying it monthly rather than paying with bitcoin.  It makes more sense financially. 

[OgNasty]

I have been holding out hope that Tesla would let people pay for the Cybertruck with BTC but it appears that will never happen now.  Elon has been pretty silent on BTC since Tesla stopped accepting it and it seems like it was due more to the board pushing back on Elon and him deciding it wasn't worth the fight considering everything else he's got going on.  I'm sure Elon is aware of the 4-year cycle by this point, so I would sort of assume if Tesla was going to start stacking BTC long term by accepting it for their cars, they would wait until the best time to do so, which in my opinion would be in late 2026 or early 2027.

[Ambatman]

"When there's confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,"

This is what he said in the year 2021.
So I'm curious about your source that Tesla would be accepting Bitcoin as a means of payment soon.
Let's say its true then it would be for his benefit not Bitcoin
He needs Bitcoin to rise
Bitcoin doesn't need Elon Musk.

[BitMaxz]

I'm sure Elon is aware of the 4-year cycle by this point, so I would sort of assume if Tesla was going to start stacking BTC long term by accepting it for their cars, they would wait until the best time to do so, which in my opinion would be in late 2026 or early 2027.

We have the same thoughts but I'm not sure for 2026 maybe around 2027 when bitcoin is again at the bottom price. Accepting BTC during bearish is too risky we do not know this month if BTC would touch again at $70k as we can see the BTC price action on a daily time frame it's following the bearish trend and pointing to around $52k so if Tesla is going to accept BTC at the current price then they would lose for long term holding. I'm sure they're not going to do that.

[Upgrade00]

Do not give him the attention he wants. Bitcoin does not need the adoption of any single business to grow, if Tesla resumes accepting Bitcoin as a payment method that'll be a decision they make based on their perceived benefits and not as a helpung hand to the Bitcoin network.

[AML Soap]

...
Is this capital support for BTC or the hot event of BTC again? Which leaves us guessing

Not a hot event at all, please think it through: How many of the people holding a large amount of Bitcoin are going to want to use it to buy an expensive car? Probably not enough to ever make a big impact.

[uchegod-21]

On May 13, Tesla CEO Elon Musk said on Twitter that Tesla has suspended the use of bitcoin to buy cars due to concerns about the burden on the environment caused by the large amount of energy required for bitcoin mining Other cryptocurrencies are also used for computing power mining, such as ETH, which is also a kind of energy consumption. For BTC mining, renewable energy is now used for mining and the protection of environmental pollution has been greatly improved. We all know that Mr Masquerque is a big spender, but why has he become cheap

It may be that the recent news of BTC has been touched by the recent activity of Tesla CEO Elon Musk (Elon Musk), which once again triggered fluctuations in the value of bitcoin. He recently tweeted that Tesla may resume accepting Bitcoin as a payment method

Is this capital support for BTC or the hot event of BTC again? Which leaves us guessing

The negative impact Musk's stoppage of accepting bitcoin in Tesla had in bitcoin, assuming bitcoin was not a strong force, that would have been the end of bitcoin. But then bitcoin survived the shot and that made many Bitcoiners hated Musk and his company. He might return with his dodge manipulation, but his reappearance will not thrill real bitcoiners this time around. Besides, bitcoin is bigger now and does not need any single entity to adopt it. It can survive whether Elon and Tesla accepts it or not. There's definitely gonna be global adoption whether or without Elon. He'll return to the moving ship no doubts but will not be as powerful as he was the other time.

[Belarge]

Do not give him the attention he wants. Bitcoin does not need the adoption of any single business to grow, if Tesla resumes accepting Bitcoin as a payment method that'll be a decision they make based on their perceived benefits and not as a helpung hand to the Bitcoin network.

The market doesn't acknowledge the common trader but top whales that have impacts on the market. Bitcoin doesn't need the aides of any firm to explore, if you could remember vividly that bitcoin is the first cryptocurrency and have been formidable enough since day one. Elon Musk who's incharge will always plans ahead of his firm and he sincerely knows what's best for his team. Tesla accepting bitcoin as means of payment will always keep running smoothly because the price of Bitcoin this period do maintain stagnant price.

[hatshepsut93]

On May 13, Tesla CEO Elon Musk said on Twitter that Tesla has suspended the use of bitcoin to buy cars due to concerns about the burden on the environment caused by the large amount of energy required for bitcoin mining

First Musk announced that Tesla will accept Bitcoin and then a few months later he reversed the decision citing climate concerns. What does this mean - either he made a hasty decision without proper research, which means he's a bad businessman, or he intentionally manipulated the market. I think both are equally likely and either way it means that none of his words or actions should be important to Bitcoin investors - he already proved himself to be unreliable and anti-Bitcoin.

[Bitcoin_Arena]

Why is this even in the news?

I think it's just a marketing stunt by Elon Musk and his team by riding on the news and attention bitcoin creates whenever Bitcoin make headlines with new all-time highs in the bull market.

Bitcoin does not need Elon Musk and Tesla, Elon Musk and Tesla need Bitcoin.

[PX-Z]

It was a lie that he did not know about the energy bitcoin mining is using, he was only looking for ways to pump doge.

Exactly, and i don't think he or tesla will come back accepting bitcoin againby for the reason of it as it already accomplished most miners are using green energy unlike the big factories all over the world.

[CODE200]

Why is this even in the news?

I think it's just a marketing stunt by Elon Musk and his team by riding on the news and attention bitcoin creates whenever Bitcoin make headlines with new all-time highs in the bull market.

Bitcoin does not need Elon Musk and Tesla, Elon Musk and Tesla need Bitcoin.

Or they probably know something that us plebs don't know about or it's just a plain and simple reason, they probably want to circumvent the taxation with bitcoin or something like that, I'm sure that Tesla will have a way to not pay taxes if they accept bitcoin as a payment for their cars plus they're probably desperate for the money because Tesla is facing a lot of backlash with their cars right now with the Cybertruck having the most issues in my recent memory. Also, isn't Elon not the CEO of Tesla anymore?

[Bitcoin_Arena]

Or they probably know something that us plebs don't know about or it's just a plain and simple reason, they probably want to circumvent the taxation with bitcoin or something like that,

I am no expert in the US taxation policies, but if there is any Country where you want to circumvent taxation using Bitcoin or crypto, then the last place should be the US. Those chaps tax even the gains. In some countries, that is not the case.

Also, isn't Elon not the CEO of Tesla anymore?

He still is the CEO

[btc78]

On May 13, Tesla CEO Elon Musk said on Twitter that Tesla has suspended the use of bitcoin to buy cars due to concerns about the burden on the environment caused by the large amount of energy required for bitcoin mining Other cryptocurrencies are also used for computing power mining, such as ETH, which is also a kind of energy consumption. For BTC mining, renewable energy is now used for mining and the protection of environmental pollution has been greatly improved. We all know that Mr Masquerque is a big spender, but why has he become cheap

Elon musk is a multimillionaire and I know for a fact that he does not care about the environment or whatsoever as long as it is beneficial to him. He has incorporated NFTs on his brand Tesla and we all know that NFTs are extremely harmful to the environment.

It may be that the recent news of BTC has been touched by the recent activity of Tesla CEO Elon Musk (Elon Musk), which once again triggered fluctuations in the value of bitcoin. He recently tweeted that Tesla may resume accepting Bitcoin as a payment method

It’s one step closer to wide adoption of bitcoin but it does not affect the price of bitcoin directly. Not everyone has a Tesla nor will everyone be interested in buying one so why should people care whether they can purchase or not a Tesla with bitcoin? Even if I can’t afford a Tesla yet, I will continue to hold on to my bitcoin thank you very much.

[peter0425]

It may be that the recent news of BTC has been touched by the recent activity of Tesla CEO Elon Musk (Elon Musk), which once again triggered fluctuations in the value of bitcoin. He recently tweeted that Tesla may resume accepting Bitcoin as a payment method

Mate this is not recent news so why would you associate this to recent fluctuations of bitcoin’s price? The acceptance of bitcoin by Tesla does not only encourage investors of bitcoin but also would encourage other brands to do the same which would lead to more acceptance of bitcoin by the rest of the world.

So if Tesla says that they accept bitcoin then bitcoin must pump due to investors wanting to get a piece before anyone else.

[Maus0728]

Now that's just funny of them to do, really stupid too if you ask me. They could've not removed this option back then and they're probably reveling in riches right now if they were accepting bitcoin as payment back when the price was around 20k, that is a mighty stupid decision for them and now people don't care about Tesla anymore. I don't know if I'm right to say this but in my opinion, this is probably one of the biggest blunders in history of business. Anything positive about this, I just hope the same thing as @peter0425, that it will introduce bitcoin to new people and encourage other brands to adopt the same payment option.