{"id":273608,"date":"2021-06-13T22:11:05","date_gmt":"2021-06-13T19:11:05","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/elon-musks-lays-out-when-tesla-will-begin-accepting-bitcoin-payments\/"},"modified":"2021-06-13T22:11:05","modified_gmt":"2021-06-13T19:11:05","slug":"elon-musks-lays-out-when-tesla-will-begin-accepting-bitcoin-payments","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/elon-musks-lays-out-when-tesla-will-begin-accepting-bitcoin-payments\/","title":{"rendered":"# Elon Musks lays out when Tesla will begin accepting Bitcoin payments"},"content":{"rendered":"<p>&#8220;<strong># Elon Musks lays out when Tesla will begin accepting Bitcoin payments <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDIvMjA5OTc1N2UtZmY5YS00MDExLWE4NjYtMTdmNWZjMWM0ZjNjLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Tesla CEO Elon Musk says his electric-vehicle company will start accepting Bitcoin (BTC) payments once there\u2019s confirmation that miners are utilizing clean energy, offering a glimmer of hope that the FUD surrounding digital assets could soon subside.\u00a0<\/p>\n<p>Musk responded to a Cointelegraph tweet on Friday about recent accusations from Sygnia CEO Magda Wierzycka, who called on the United States Securities and Exchange Commission to investigate the billionaire for allegedly manipulating Bitcoin\u2019s price. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">This is inaccurate. Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market.<\/p>\n<p>When there\u2019s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1404132183254523905?ref_src=twsrc%5Etfw\">June 13, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>According to\u00a0Wierzycka, Musk knowingly pumped the price of Bitcoin only to sell a &#8220;big part of his exposure at the peak.&#8221;<\/p>\n<p>\u201cThis is inaccurate,\u201d Musk <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1404132183254523905\">said<\/a> in response. \u201cTesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving [the] market.\u201d<\/p>\n<p>As Cointelegraph reported, Musk confirmed in April that Tesla had sold a portion of its Bitcoin holdings to prove its liquidity as an alternative to cash. Just one month earlier, the billionaire confirmed that Tesla had added $1.5 billion worth of BTC to its balance sheet. At the same time, Tesla would begin accepting BTC payments for its vehicles.<\/p>\n<p>However, Tesla&#8217;s embrace of Bitcoin-as-a-payment was short-lived after Musk flagged concerns over the cryptocurrency&#8217;s energy usage. On May 12, Musk <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1392602041025843203?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1392602041025843203%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.cnbc.com%2F2021%2F05%2F12%2Felon-musk-says-tesla-will-stop-accepting-bitcoin-for-car-purchases.html\">tweeted<\/a> that his company would no longer accept Bitcoin payments due to the network&#8217;s &#8220;increasingly rapid use of fossil fuels&#8230;&#8221;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Tesla &amp; Bitcoin <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/YSswJmVZhP\">pic.twitter.com\/YSswJmVZhP<\/a><\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1392602041025843203?ref_src=twsrc%5Etfw\">May 12, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Tesla CEO also laid out the conditions for Tesla to once again start accepting BTC payments:<\/p>\n<blockquote><p>\u201cWhen there\u2019s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.\u201d<\/p><\/blockquote>\n<p><em>This article is still in development. <\/em><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/elon-musks-lays-out-when-tesla-will-begin-accepting-bitcoin-payments-again\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Elon Musks lays out when Tesla will begin accepting Bitcoin payments &#8221; Tesla CEO Elon Musk says his electric-vehicle company will start accepting Bitcoin (BTC) payments once there\u2019s confirmation that miners are utilizing clean energy, offering a glimmer of hope that the FUD surrounding digital assets could soon subside.\u00a0 Musk responded to a Cointelegraph&#8230;<\/p>\n","protected":false},"author":1,"featured_media":273609,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDIvMjA5OTc1N2UtZmY5YS00MDExLWE4NjYtMTdmNWZjMWM0ZjNjLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,74863,74898,39394,36402],"class_list":["post-273608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-cryptocurrencies","tag-sec","tag-elon-musk","tag-tesla"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/273608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=273608"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/273608\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/273609"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=273608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=273608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=273608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}