Memes and jokes-According to Bloomberg, the largest cryptocurrency fell by almost 15% to just over $ 46,000, following a recent tweet from Tesla CEO.
Bitcoin price has plummeted after Tesla chief executive Elon Musk on Wednesday said his electric car company would stop accepting cryptocurrency as a payment method due to environmental issues. Memes and jokes.
Quoting on Twitter, Musk expressed concern about “the increasing use of Bitcoin mining resources and transactions,” while suggesting that Tesla could accept more withdrawals if not so much power. He also said the company would not sell any of the Bitcoin it owned.
According to Bloomberg, the largest cryptocurrency fell by almost 15% to just over $ 46,000, following a recent tweet from Tesla CEO.
As soon as the news started surfing the internet, netizens took over a small blog site Twitter, sharing memes and jokes. Many also suggested conversations and speculation that some cryptocurrencies could be affected by the billionaire’s tweet. Memes and jokes.
As #Bitcoin, Dogecoin and Tesla continue to dominate social media styles throughout the blog, check out some reactions here:
Musk’s company back in February announced it had bought $ 1.5 billion from Bitcoin and plans to accept it as payment.
That announcement added legitimacy to cryptocurrency as an acceptable way to pay and invest.
Each Bitcoin is basically a computer file which is stored in a ‘digital wallet‘ app on a smartphone or computer. People can send Bitcoins (or part of one) to your digital wallet, and you can send Bitcoins to other people. Every single transaction is recorded in a public list called the blockchain.
