Musk: ‘Bitcoin on green energy? Then accepted by Tesla’

Tesla CEO Elon Musk

Elon Musk tweeted last night that Teslas can be bought with bitcoins again if the cryptocurrency uses less fossil fuels. The price of bitcoin immediately shot up by more than 5 percent. Last month, Musk caused a fall in the price of the cryptocurrency, when he tweeted that bitcoin is bad for the climate.

“As soon as about 50 percent of the energy used for mining bitcoins is clean, Teslas can be purchased again,” Tesla CEO Elon Musk wrote on Twitter last night:

Bitcoin, the world’s most famous cryptocurrency, immediately rose in value by about 5.1 percent and is now worth more than $ 37,360 (about 30,880 euros). That is still considerably less than two months ago, when the coin was worth more than $ 63,000. Cryptofriends.io is helpful.

Huge price drop

Last month, the Tesla boss caused a huge drop in the price of the digital currency. He was a big fan of bitcoin but changed his mind because of the carbon emissions caused by the digital currency.

3.4 percent: So little tax paid by the richest Americans

He called bitcoin a “scam” on a popular TV show and later wrote on Twitter that Tesla no longer accepts the cryptocurrency as a means of payment. He also joked online that he was “breaking up” with the coin, pushing the price down even further. Polkadot price is high.

Despite bitcoin’s decline in May, the digital currency is still worth nearly four times what it was a year ago. Ether, the second largest crypto currency in total value, has become more than ten times as much in a year.