Price of Bitcoin sinks 15% after Elon Musk says Tesla will no longer accept it as payment
The price of Bitcoin tanked Wednesday after Elon Musk said Tesla will no longer accept the cryptocurrency, citing concerns about the use of fossil fuels for mining the coin. CEO Musk tweeted Wednesday to say the electric car manufacturer ‘has suspended vehicle purchases using Bitcoin’. Creating Bitcoins and other cryptocurrencies requires a lot of electricity, releasing massive … Read more