Bitcoin Is Going Mainstream – What The Move By Tesla Means For Crypto

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Avatar for EthanReym
3 years ago
Topics: Crypto currency

Tesla made significant headlines by investing $1.5 billion into bitcoin, and by announcing that the organization is planning to begin accepting this cryptocurrency as a form of payment. Immediately following this announcement, the price of bitcoin moved rapidly higher and has hit all time highs, which of course generated a frenzy of discussion, debate, and analysis.

Following investments and adoption by organizations such as organizations including PayPal, Microstrategy MSTR, Visa , Square SQ, and Mastercard, bitcoin and crypto look to rapidly be moving to the mainstream.

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