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Customers Can Buy Tesla Cars With Bitcoin, Says Elon Musk - Business - Nairaland

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Customers Can Buy Tesla Cars With Bitcoin, Says Elon Musk by iwaeda: 3:37pm On Mar 24, 2021
The Chief Executive of Tesla, Elon Musk, has said customers can now buy cars from the company with their Bitcoin.

Musk made the announcement in a tweet posted in the middle of the night US time, The Independent reports.

“You can now buy a Tesla with Bitcoin,” he said in one post, going on to clarify that Tesla will be keeping the money received from customers as bitcoin, rather than storing it in a traditional currency like dollars.

“Tesla is using only internal & open source software & operates Bitcoin nodes directly. Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency,” he said in another. “Pay by Bitcoin capability available outside US later this year.”

Open source software refers to programs where the code is available for others to use and change, which are generally beneficial for security as it means that other programmers can investigate for bugs or security breaches.

A bitcoin node is a computer on the blockchain network that validates transactions, digitally signing the movement of the online currency and meaning that one bitcoin cannot be spent twice. Twitter CEO Jack Dorsey, another supporter of Bitcoin, has also set up a full node, which has the appearance on computers as lines of dates and data.

The news comes after Mr Musk announced his support for the cryptocurrency in January this year, after changing his Twitter bio to “#bitcoin”, alongside its “B” symbol.

https://punchng.com/customers-can-buy-tesla-cars-with-bitcoin-says-elon-musk/
Re: Customers Can Buy Tesla Cars With Bitcoin, Says Elon Musk by iwaeda: 3:38pm On Mar 24, 2021
iwaeda:
The Chief Executive of Tesla, Elon Musk, has said customers can now buy cars from the company with their Bitcoin.

Musk made the announcement in a tweet posted in the middle of the night US time, The Independent reports.

“You can now buy a Tesla with Bitcoin,” he said in one post, going on to clarify that Tesla will be keeping the money received from customers as bitcoin, rather than storing it in a traditional currency like dollars.

“Tesla is using only internal & open source software & operates Bitcoin nodes directly. Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency,” he said in another. “Pay by Bitcoin capability available outside US later this year.”

Open source software refers to programs where the code is available for others to use and change, which are generally beneficial for security as it means that other programmers can investigate for bugs or security breaches.

A bitcoin node is a computer on the blockchain network that validates transactions, digitally signing the movement of the online currency and meaning that one bitcoin cannot be spent twice. Twitter CEO Jack Dorsey, another supporter of Bitcoin, has also set up a full node, which has the appearance on computers as lines of dates and data.

The news comes after Mr Musk announced his support for the cryptocurrency in January this year, after changing his Twitter bio to “#bitcoin”, alongside its “B” symbol.

https://punchng.com/customers-can-buy-tesla-cars-with-bitcoin-says-elon-musk/

Lalasticlala
Re: Customers Can Buy Tesla Cars With Bitcoin, Says Elon Musk by iwaeda: 3:42pm On Mar 24, 2021
Where is that Adamu that only say cow is worth more the crypto.
Re: Customers Can Buy Tesla Cars With Bitcoin, Says Elon Musk by Xenry: 3:45pm On Mar 24, 2021
If I no buy Tesla, wetin I gain?

Re: Customers Can Buy Tesla Cars With Bitcoin, Says Elon Musk by iwaeda: 4:05pm On Mar 24, 2021
Xenry:
If I no buy Tesla, wetin I gain?
You no gain anything, except you will be buying fuel at possibly N250 in the next few months.
Re: Customers Can Buy Tesla Cars With Bitcoin, Says Elon Musk by Xenry: 4:08pm On Mar 24, 2021
iwaeda:

You no gain anything, except you will be buying fuel at possibly N250 in the next few months.
Exactly!
Electric cars for life!

Re: Customers Can Buy Tesla Cars With Bitcoin, Says Elon Musk by iwaeda: 5:09pm On Mar 24, 2021
Xenry:
Exactly!
Electric cars for life!
We will drink our oil and gas last last.
Re: Customers Can Buy Tesla Cars With Bitcoin, Says Elon Musk by iwaeda: 7:45pm On Mar 24, 2021
On Nigeria roads it will be Tunji lo ba mi gbe generator wa nile, ki nfi charge ki battery mi to pa.

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