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'When you use electricity to run cars, it’s environmentally friendly. When you use electricity to run the most efficient financial networks in the world, it’s an environmental concern’,

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by COINS NEWS 51 Views

Headline from a CZ tweet in 2021. In response to E.Musk statements, quoted below.

“Tesla has suspended vehicle purchases using Bitcoin,” a statement, tweeted from Elon Musk’s account, read. “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.”

“Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at a great cost to the environment.

“Tesla will not be selling any Bitcoin and we intend to use it for transactions as soon as mining transitions to more sustainable energy. We are also looking at other cryptocurrencies that use <1% of Bitcoin’s energy/transaction.”

sourse: https://www.independent.co.uk/space/binance-ceo-changpeng-zhao-elon-musk-tesla-bitcoin-b1857547.html

Talk is cheap.

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