Elon Musk Says Tesla To Accept Bitcoin Payments Again - Central American Bank El Salvador Bitcoin Law

Jun 13, 2021 · 14m 11s
Elon Musk Says Tesla To Accept Bitcoin Payments Again - Central American Bank El Salvador Bitcoin Law
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Tesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners. “When there’s confirmation of reasonable (~50%)...

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Tesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners. “When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” Musk wrote in a tweet. The President of the Central American Bank, a bank with $13.5 billion dollars in assets, supports El Salvador's Bitcoin Law. China’s Yunnan province does not appear to be shutting down bitcoin miners. Stacks is partnering with South Korean e-commerce protocol Paycoin to support transactions with its currency STX. This integration means that merchants who accommodate Paycoin will soon accept STX and Bitcoin as methods of payment. Taproot, the most significant improvement to Bitcoin’s protocol in years, now has enough mining support to lock in activation.

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