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May 13 2021

Tesla Cancels Bitcoin

It seemed that Tesla could not get any moonbattier, considering it sells its government-subsidized product to well-to-do moonbats who want everyone to know they are saving the planet by driving a car that runs on natural gas or coal instead of gasoline. But moonbattery can always get moonbattier. Tesla will no longer accept Bitcoin as payment for its vehicles on the grounds that it is offensive to the climate, because mining Bitcoin is done with computers, which like Teslas run on electricity.

The Verge reports:

Musk also said that Tesla will no longer sell any more of the $1.5 billion stash of bitcoin it purchased earlier this year. Tesla sold some of that bitcoin in the first quarter of 2021, which wound up helping pad the company’s quarterly profit figures.

Meanwhile, New York state may ban Bitcoin mining on the same grounds.

Looks like Bitcoin is getting canceled. The idea of currency that cannot be inflated by Big Government must alarm some people.

On a tip from Steve T.


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