A tiny conspiracy theory about what Elon did
He said he stopped accepting BTC because it's bad for the environment. But a lot of energy used in mining is renewable. And there are many things Elon does or uses that cause pollution. It really seemed like a stretch.
But before he stopped accepting BTC, I've heard people complaining that they can't get enough BTC on-chain confirmation before the payment on Tesla's site times out. BTC is crappy at payments. It makes sense to not accept it. But Elon couldn't say that, as bashing BTC for not being able to do its one job would cause an even bigger crash -- and he didn't want that, as he wants to hold on to his BTC. So he made a plausible excuse -- and a one that could be improved upon.
What do you guys think?
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