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Saylor Asks Elon Musk Why Tesla Hasn’t Restarted Accepting Bitcoin Payments Despite His Promise
Michael Saylor, the chairman and former CEO of Microstrategy, has taken to Twitter to ask Tesla CEO Elon Musk why his company is not accepting Bitcoin payments as promised. This comes after Elon Musk initially expressed interest in allowing BTC transactions when 50% of Bitcoin mining operations would run on green or renewable sources of energy.
As a reminder, Elon Musk had pledged to restart accepting Bitcoin payments at the time when 50% of Bitcoin mining operations would switch to sustainable energy sources. He made this promise back in June 2021. However, despite the significant progress made in terms of increasing the use of clean energy by miners (currently standing at an impressive 56.76%), Tesla has not reinstated BTC transactions.
Saylor took to Twitter and tagged Musk to pose the question, “Hey @elonmusk, you once said #Bitcoin could return to Tesla if 50% of its energy came from renewables. Well, $BTC is now 56.76% sustainable, outperforming every other major industry. Will Tesla embrace Bitcoin again? The world is watching.”
Musk’s response remains pending as of the writing of this article. However, it will be interesting to see how he responds, considering his history of not making empty promises.
The current price of Bitcoin stands at $95,062, which represents a 0.5% increase over the past 24 hours.
Source: bitcoinik.com
