.DavidGokhshtein reckons that Bitcoin maxis are placing their hopes on elonmusk, here's how. $BTC
This was before Tesla announced that it had bought $1.5 billion worth of the major digital currency on the crypto market in January 2021. The company also announced back then that it would begin to accept BTC as payment for its luxurious e-cars. However, a few months later, Musk canceled that option due to concerns about the controversial role of Bitcoin's proof-of-work mining in global environmental issues.
Despite the fact that Musk promised that his e-car producing company would keep BTC on its balance sheet, in July this year, as U.Today reported, Tesla sold nearly all of its Bitcoin for slightlyNow, according to David Gokhshtein, Bitcoin maxis believe that if Musk converts all his assets into BTC, the price may jump, perhaps reaching a new all-time high or at least leveling with the one near $69,000 reached in November last year.
At the time of this writing, the leading digital asset is changing hands at $16,869; that is a whopping 75.50% below last November's historic peak.
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