BREAKDOWN: Bears Fuming as Elon Opens Tesla Purchases With Bitcoin

Tesla is allowing U.S. customers to buy vehicles with bitcoin, and it is not changing the crypto back to fiat.

This episode is sponsored by Nexo.io and Casper, and this week’s special product launch, Exodus.

Today on the Brief:

Robinhood IPO incomingCompeting bitcoin price predictions Yellen and Powell’s latest testimony on economic growth

Our main discussion:

Elon Musk announced this morning Tesla’s program for buying its cars with bitcoin: 

Says the company is running Bitcoin network nodesSays Tesla won’t convert back to fiat but will hold bitcoinExpanding the program internationally coming soon

NLW breaks down the hater response from the Tesla and Bitcoin sides and argues that much more significant are the other CEOs – like that of buzzy bed startup Eight Sleep – who are following suit.

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Launching in late-March, Casper is the future-proof blockchain protocol that finally address the blockchain trilemma. Learn more at Casper.Network.

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Image credit: Hannibal Hanschke-Pool/Getty Images Entertainment 

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