economics of bitcoin
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Elon Musk Says Tesla Likely to Accept Bitcoin Again
Elon Musk has apparently changed his mind about bitcoin. Again. The billionaire founder of SpaceX said Tesla would likely accept bitcoin again in the future after dropping the cryptocurrency over environmental concerns.
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City Sinking Into Sea Welcomes Bitcoin Miners
Miami is scheming for ways to become the U.S. bitcoin capital. Mayor Francis Suarez told CNBC last week that his city would welcome bitcoin miners with open arms, as China picks up its nationwide crackdown on miners. What’s more, Suarez also said that the city was looking into lowering energy prices to further entice miners,…
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Crypto Investors Scheme to Gain Control of Tesla as Bitcoin Markets Tank
The cryptocurrency market has taken a major dive, as it does. Now a band of traders has decided to form the people’s coin, appropriately named StopElon, to Stop Elon Musk from wielding intractable control over the market with his tweets. Much like China. And Mark Cuban. And volatile economies. And major financial institutions. And hedge funds.…
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Elon Musk Says Tesla Now Accepting Bitcoin in U.S.
Elon Musk, the CEO of Tesla, announced in a tweet on Wednesday that the electric car company will now accept payments in the form of the cryptocurrency bitcoin. Bitcoin’s price surged roughly 3% in the hour after the tweet.