Why Tesla’s decision to accept bitcoin as payment is unlikely to be followed by other companies | Currency News | Financial and Business News

Why Tesla’s decision to accept bitcoin as payment is unlikely to be followed by other companies | Currency News | Financial and Business News



Elon Musk announced this week Tesla has begun to accept bitcoin as payment for all models of its cars in the US.

From a transactional perspective, the billionaire’s crypto-related announcements have been game-changing for bitcoin. That is quite evident from statistics showing crypto-related keyword searches on Google such as “invest in bitcoin” and “how to trade crypto” have seen more than a 1,015% jump in search volume since January alone, according to data from…


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