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22.11 - 19:59
Will Bitcoin survive without a shift to renewable energy?
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euronews.comThis year, electric car company Tesla announced that it had bought €1.2 billion of the cryptocurrency, Bitcoin.
It also simultaneously became the first major car manufacturer to take payments for its products using the cryptocurrency. It was a big investment for the company, which said it wanted “more flexibility to further diversify and maximise returns”.
The value of the digital asset surged, reaching a high of nearly €48,000 per coin. But it then subsequently tumbled leaving many investors out of pocket, with much of its volatility based on the speculation of Tesla founder, Elon Musk’s tweets.
That said, BTC & ETH do seem high lol
With announcements that its value had reached an all-time high, however, came concerns that the electricity
Read more on euronews.comAbout this in other media
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