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Bitcoinist
2021-05-12 23:54:42

Tesla halts Bitcoin Payments Over Environmental Concerns, Sending the Cryptocurrency to Session Lows

Earlier this year, in what appeared to be a massive win for the crypto space, Tesla began accepting payments in Bitcoin. The move was heralded for legitimizing Bitcoin’s transactional utility beyond just a speculative asset class. But now, Tesla is backtracking its monumental decision. Tesla CEO Elon Musk took to Twitter to announce that his […]

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