Tesla suspends Bitcoin car sales over environmental impact (opens in new tab)

(theverge.com)

38 pointswr14724y ago11 comments

11 comments

So Musk didn't know about the environmental impacts before? There's no way to trust someone who can't even research for 5 minutes before making this kind of decision...

croes4y ago

He knew exactly. Tesla needs new sorts of income, if the sale of carbon dioxide certificates doesn't generate enough profit.

koolba4y ago

Is it the environment? Or is it to make room to accept doge: https://twitter.com/elonmusk/status/1392030108274159619

that_guy_iain4y ago

Why not both?

koolba4y ago

Currency risk for one. Though that could be mitigated through increased prices to pass on the costs to someone else.

brianhorakh4y ago

Brilliant. Eth proof of stake, or chia proof of space should both qualify.

sascha_sl4y ago

Proof of stake has the typical issue of people with capital getting even more capital.

Chia is threatening to expand the global chip shortage to both SSD and HDD devices and it needs to go away.

detaro4y ago

dupe: https://news.ycombinator.com/item?id=27135776

theo-born4y ago

Well, there goes Tesla's Dogecoin adoption as well. Proof-of-Work is here to stay for both of those cryptos.

headmelted4y ago

Going by this..

https://mobile.twitter.com/elonmusk/status/13920301082741596...

.. one could be forgiven for thinking that Tesla might have bought a lot of Dogecoin in the last quarter.

I guess it’s not manipulation if the market isn’t regulated?

but thats none of my business

Lapsa4y ago

fat wario

j / k navigate · click thread line to collapse

11 comments

coliveira4y ago

So Musk didn't know about the environmental impacts before? There's no way to trust someone who can't even research for 5 minutes before making this kind of decision...

croes4y ago

He knew exactly. Tesla needs new sorts of income, if the sale of carbon dioxide certificates doesn't generate enough profit.

koolba4y ago

Is it the environment? Or is it to make room to accept doge: https://twitter.com/elonmusk/status/1392030108274159619

that_guy_iain4y ago

Why not both?

koolba4y ago

Currency risk for one. Though that could be mitigated through increased prices to pass on the costs to someone else.

brianhorakh4y ago

Brilliant. Eth proof of stake, or chia proof of space should both qualify.

sascha_sl4y ago

Proof of stake has the typical issue of people with capital getting even more capital.

Chia is threatening to expand the global chip shortage to both SSD and HDD devices and it needs to go away.

detaro4y ago

dupe: https://news.ycombinator.com/item?id=27135776

theo-born4y ago

Well, there goes Tesla's Dogecoin adoption as well. Proof-of-Work is here to stay for both of those cryptos.

headmelted4y ago

Going by this..

https://mobile.twitter.com/elonmusk/status/13920301082741596...

.. one could be forgiven for thinking that Tesla might have bought a lot of Dogecoin in the last quarter.

I guess it’s not manipulation if the market isn’t regulated?

but thats none of my business

Lapsa4y ago

fat wario

j / k navigate · click thread line to collapse