35. Tesla Accepts Bitcoin Payment | Michael Saylor

Mar 26, 2021 · 47m 28s
35. Tesla Accepts Bitcoin Payment | Michael Saylor
Description

Tesla (TSLA) has begun accepting bitcoin as payment from car buyers in the continental US, and CEO Elon Musk said the company plans to expand the new payment option to...

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Tesla (TSLA) has begun accepting bitcoin as payment from car buyers in the continental US, and CEO Elon Musk said the company plans to expand the new payment option to other countries later this year. Tesla is using only internal & open source software & operates Bitcoin nodes directly. Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency. Some analysts say we can expect less than 5% of transactions to be through bitcoin over the next 12 to 18 months however this could move higher over time as crypto acceptance starts to ramp over the coming years. On this episode we're joined by Michael Saylor, one of Bitcoin's biggest supporters and advocates, to discuss what this could mean for other big companies like Amazon, Apple, Microsoft, and Starbucks.

Guest: Michael Saylor - CEO of MicroStrategy (MSTR)

#Tesla​ #Bitcoin​ #Crypto​
~Tesla Accepts Bitcoin Payment w/ Michael Saylor~
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