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RE: To buy or not to buy your next Tesla with Bitcoin ?

in Project HOPE4 years ago

The only good thing about this is that Elon is helping to pump Bitcoin. Other than that he is simply buying Bitcoin with Teslas. Thus I would not do this. I would HODL my Bitcoin in Celsius Network or Nexo. The most I would do is buy the Tesla with fiat borrowed against my crypto.

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The good part is the pump as you rightly mentioned and this should rightly come to the altcoin space as well in a sustained manner.Dear @rasbas I am glad you see the strategy behind Mr Elon Musks action.