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Current Events > Elon Musk: Tesla has suspended vehicle purchases using Bitcoin

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Lebronwon
05/12/21 6:25:15 PM
#1:


https://twitter.com/elonmusk/status/1392602041025843203



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RedJackson
05/12/21 6:26:10 PM
#2:


I just looked at the chart

lmfao

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Giblet_Enjoyer
05/12/21 6:26:14 PM
#3:


Good on him

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On_The_Edge
05/12/21 6:26:32 PM
#4:


Elon tryna buy the dip again
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CADE FOSTER
05/12/21 6:27:35 PM
#5:


liar he knows that shit aint real
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Turbam
05/12/21 6:28:18 PM
#6:


Time to buy Doge!!

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Dakimakura
05/12/21 6:28:32 PM
#7:


Finally he cares about the enviroment

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CRON
05/12/21 6:30:16 PM
#8:


What's the point in buying a Tesla if more and more EVs with industry standard cameras/sensors are coming to the market by the month?

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MelbuFrahma4
05/12/21 8:04:26 PM
#9:


RedJackson posted...
I just looked at the chart

lmfao


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Iodine
05/12/21 8:05:50 PM
#10:


But Bitcoin's energy usage has been known for quite awhile.

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Squall28
05/12/21 8:07:38 PM
#11:


Elon is losing faith in the power of the meme.

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#12
Post #12 was unavailable or deleted.
Kloe_Rinz
05/12/21 8:08:18 PM
#13:


Sell sell sell
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#14
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UnholyMudcrab
05/12/21 8:22:09 PM
#15:


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Unsugarized_Foo
05/12/21 8:23:40 PM
#16:


Musk is trying to keep inflation down by demolishing value

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Krojen
05/12/21 8:27:49 PM
#17:


CRON posted...
What's the point in buying a Tesla if more and more EVs with industry standard cameras/sensors are coming to the market by the month?
...que?

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ScazarMeltex
05/12/21 8:29:13 PM
#18:


Elon gonna get everyone to sell, buy up a shit load of bitcoin, then be like "we'll start accepting it again" and make a shitload of money.

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mustachedmystic
05/12/21 8:42:01 PM
#19:


Krojen posted...
que
I think he's saying why buy a Tesla when companies that know how to build cars are putting out their own EV's

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#20
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2Pacavelli
05/12/21 8:54:01 PM
#21:


Distributed Ledger Technology is what the elites will be pivoting to
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Krojen
05/12/21 9:21:04 PM
#22:


mustachedmystic posted...
I think he's saying why buy a Tesla when companies that know how to build cars are putting out their own EV's
Because those companies don't know how to build EVs. Their software is crap, motors are crap, range is crap, production #s are crap, price is crap, dealership business model that can't survive on EV sales is crap.

But that's all an aside because he curiously pointed out cameras/sensors. Every company has always used the same dirt cheap cameras. The only special sauce for cameras would be the software for self driving, which Tesla is the only one even trying.

Thus... que.

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Tyranthraxus
05/12/21 9:22:48 PM
#23:




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ShyOx
05/12/21 9:23:26 PM
#24:


This is about dethroning Bitcoin. It has a ton of flaws and is only alive based on its astounding value. It is not realistic as the flagship crypto. It needs to die.

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DIPLOMACY
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Solid Snake07
05/12/21 9:26:58 PM
#25:


Oh hey look, Elon is finally addressing the blatant hypocrisy of pushing electric cars while promoting digital currency that uses more energy than some countries

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#26
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2Pacavelli
05/12/21 10:46:23 PM
#27:



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YellowSUV
05/12/21 10:47:50 PM
#28:


Sounds like Musk realizes transaction costs for Bitcoins are too damn high.

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Giblet_Enjoyer
05/12/21 11:08:25 PM
#29:


2Pacavelli posted...
Isn't XRP centralized though, or am I thinking of a similarly-named "crypto"
Like, Harmony, Matic and Fantom are all fast and efficient as fuck while actually being decentralized (IIRC)

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boshafty
05/13/21 12:36:56 AM
#30:


They knew over 2 years ago.

https://grist.org/article/bitcoins-energy-use-got-studied-and-you-libertarian-nerds-look-even-worse-than-usual/amp/?__twitter_impression=true

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2Pacavelli
05/13/21 8:10:25 AM
#31:


Giblet_Enjoyer posted...
Isn't XRP centralized though, or am I thinking of a similarly-named "crypto"
Like, Harmony, Matic and Fantom are all fast and efficient as fuck while actually being decentralized (IIRC)

From my understanding its actually very decentralized and the validator nodes have a much more even distribution around the Earth than the BTC mining which 60%+ is centralized and dominated by a few companies within China.

There is a escrow that is a actually a computer system that releases the remaining 50B of XRP into circulation overtime however that's based on a certain set of conditions and nobody actually has control over it. If conditions don't satisfy the XRP is locked back into the escrow computer system. This is so there's no runaway inflation
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lww99
05/13/21 8:11:47 AM
#32:


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#33
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rexcrk
05/13/21 8:51:56 AM
#34:


Giblet_Enjoyer posted...
Good on him


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Shablagoo
05/13/21 8:53:52 AM
#35:


Tesla is a Ponzi scheme.

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ROOTFayth
05/13/21 9:01:41 AM
#36:


2Pacavelli posted...
From my understanding its actually very decentralized and the validator nodes have a much more even distribution around the Earth than the BTC mining which 60%+ is centralized and dominated by a few companies within China.

There is a escrow that is a actually a computer system that releases the remaining 50B of XRP into circulation overtime however that's based on a certain set of conditions and nobody actually has control over it. If conditions don't satisfy the XRP is locked back into the escrow computer system. This is so there's no runaway inflation
the token is centralized
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boshafty
05/13/21 11:24:55 AM
#37:


Shablagoo posted...
Tesla is a Ponzi scheme.
Dumb

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Shablagoo
05/13/21 11:40:12 AM
#38:


boshafty posted...
Dumb

Tesla is a worthless accounting fraud pumped up by fake narratives, lies, and phony numbers. It will go the way of $ENE $WCOM $LK $WDI and Madoff.


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boshafty
05/13/21 11:49:54 AM
#40:


Shablagoo posted...
Tesla is a worthless accounting fraud pumped up by fake narratives, lies, and phony numbers. It will go the way of $ENE $WCOM $LK $WDI and Madoff.
lmao

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Krojen
05/13/21 12:22:33 PM
#41:


Shablagoo posted...
Tesla is a worthless accounting fraud pumped up by fake narratives, lies, and phony numbers. It will go the way of $ENE $WCOM $LK $WDI and Madoff.
Which numbers are phony?

Tesla is pushing a trillion dollar market cap as one of the most valuable companies in the world. China has embraced them like no other. That's a lot of money and power to fool with a simple accounting error.

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