Tesla slogan slogan

If literally understood, Tesla said that mining bitcoin requires a lot of energy, which is a waste of resources, which is inconsistent with Tesla's original intention.

Of course, when we look at the bitcoin problem, we can't simply take the so-called environmental protection as the reason, because this is never a simple negative behavior, and it may also mean manipulating the bitcoin market. For Tesla's Musk, Musk has basically become the spokesperson of Bitcoin and dogecoin, which means that Tesla's attitude towards Bitcoin will directly affect the bitcoin market.

This is a blow to the entire virtual currency market.

We can understand that when Tesla announced the suspension of payment of Bitcoin, the entire virtual currency market was hit to a certain extent, because the current virtual currency market was dominated by Bitcoin, and when the status of the boss was affected, many virtual currencies actually experienced a sharp decline. When Tesla announced this decision, almost all virtual currencies plummeted 10 points or more.

Tesla thinks bitcoin is not environmentally friendly.

We can understand that Tesla's main slogan is environmental protection, because Tesla's current main models are new energy vehicles. When bitcoin produces a lot of this waste, in fact, the mining of bitcoin is not consistent with Tesla's philosophy. It is also for this reason that Tesla has suspended the payment of Bitcoin at present, but it has not completely denied the value of Bitcoin.

I think Tesla is probably manipulating the bitcoin market.

We can understand that the current bull market of virtual currency means that the Great Waterfall is coming. Although Bitcoin claims to be decentralized, according to the current situation, Bitcoin is mainly influenced by several large institutions and celebrities such as Musk. To some extent, now is the last crazy stage of the virtual currency bull market, and Tesla's behavior is just manipulating the bitcoin market.