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Et tu, Elon? What’s Really Behind Tesla’s Bitcoin Betrayal
Tesla has stopped accepting bitcoin due to environmental concerns – or so it says.
Listen or watch all the new CoinDesk podcast episodes wherever you want.
ABOUT
Tesla has stopped accepting bitcoin due to environmental concerns – or so it says.
This episode is sponsored by Nexo.io and Bitstamp.
Crypto Twitter exploded last night when Elon Musk announced Tesla was backtracking and would no longer be accepting bitcoin as payment for cars. The debate came fast and furious about whether this was genuine environmental concern and, if so, how Elon was just discovering it now. On this episode, NLW looks at other interpretations, including:
- Elon playing 4D chess with the price
- The simple vagaries of an eccentric billionaire
- Pressure to remain in ESG portfolios
- Shifting government narratives
See also: Elon Musk and Vitalik Buterin’s Moves Send Ripples Across Crypto Markets and More
Image credit: rudall30/iStock/Getty Images Plus
HOST
Nathaniel Whittemore
NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.
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