The Breakdown Bears Fuming as Elon Opens Tesla Purchases With Bitcoin
Mar 25, 2021
14:48
Today on the Brief:
- Robinhood IPO incoming
- Competing bitcoin price predictions
- Yellen and Powell’s latest testimony on economic growth
Our main discussion:
Elon Musk announced this morning Tesla’s program for buying its cars with bitcoin:
- Says the company is running Bitcoin network nodes
- Says Tesla won’t convert back to fiat but will hold bitcoin
- Expanding the program internationally coming soon
NLW breaks down the hater response from the Tesla and Bitcoin sides and argues that much more significant are the other CEOs – like that of buzzy bed startup Eight Sleep – who are following suit.
-- Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io -- Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW The Breakdown is produced and distributed by CoinDesk.com