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Bitcoin News BitcoinNewsCom@primal.net 1 year ago
NEW: "Tesla will enable [altcoin] payments." $TSLA is currently the worst-performing stock among all S&P500 assets YTD (-31%). Should Musk simply emulate Saylor's strategy by accumulating #Bitcoin (+61% YTD) for Tesla's balance sheet and start accepting #BTC payments again?

Replies (22)

zhenya's avatar
zhenya zhenya@primal.net 1 year ago
if hes got line workers that want to pay in doge, why not let them? i dont see the issue. its like selling for fiat. its shitcoin but let them use their money how they want? maybe im crazy
Chris's avatar
Chris chris@minestr.app 1 year ago
If he truly believed it, he'd be adding it to Tesla balance sheet. I think he's doing it to spite Washington, and tto hide the fact that he's the mega whale staking 1k BTC per day.
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npub1m4dk...f8qf 1 year ago
Any company who wants to add Bitcoin to their balance sheet, must have a positive cash flow otherwise they will be flushed out during drawdowns. That is why Tesla had to liquidate bitcoin in the first place. They needed working capital.
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Hamstercoin 1 year ago
Can you ask Jack a question about Hamstercoin?
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