Tesla To Stop Accepting Bitcoin Payments

“DeFi is power to the people, and the people are wasting that power on MEMEs.“

Dodge Coin enthusiast (Elon Musk) is now bringing back energy awareness in his latest proposal to stop accepting bitcoin as payment for electric Tesla vehicles. 

In a Twitter post, Musk cited the environmental impact of Bitcoin mining, which has been cited by “critics” for being energy intensive and a detriment to the climate. 

Prior to this, Elon hosted May 8ths episode of SNL. Just as he spoke on Dogecoin, rockets, and going “to the moon.” The price of Dogecoin unexpectedly dove. 

-Soooo…. 

-What does this all mean?

Without sounding like a conspiracy nut; I will touch on some probabilities and some underlying possibilities that may soon surface. 

Energy awareness. 

Bitcoin mining. 

Global Warming. 

Bitcoin mining is cleaner now than before till… 

Bill Gates bought a SHIT LOAD of land for energy production..

These are the same critics that spoke out against fracking? 

Global Warming is a hoax played off well on a severely undereducated people. 

Something IS happening but best believe that crypto mining will still be in full swing if Bitcoin mining were to cease. 

This is the start of cryptocurrency demonization. A great pysop in the works on very receptive audience. This meme coin craze has taken the US by storm as uneducated investors pray for financial miracles prophesied from celebrity financial gurus. 

Again we are looking at the “Bitclout” backer types. There is much money to be made and lost as new Dogecoin investors undoubtedly felt watching their dreams deflate by the candlestick. 

How could the price dive at such a time?

If you look at the growth over the year than this falls in line with a pattern bear before the bull run like it has done twice now. 

Whale movement? 

Unsure… 

The Dogecoin dive did not show displacement in Bitcoin or other cryptos I checked.

I suspect a/the USD coin to make legitimate “save the day” move in the coming times.  

I see that Tesla not taking Bitcoin fits in line with a possible move to start supporting government backed centralized coins. 

Currently Tesla does hold 38k Bitcoin valued well over a billion dollars. 

My overall message to the people… 

I’ve been beating this drum and will continue to.

STOP SUPPORTING STUPID SHIT! 

You just get butthurt when it doesn’t work out. 

Cryptocurrency is SOOO much bigger than Bitcoin. 

Alt coins do serve a MAJOR purpose that even big banks are happily aligning with. 

DeFi is power to the people, and the people are wasting that power on MEMEs. 

Cryptocurrency has no need to replace centralized financing to remain a major beneficial factor in world financing. 

Cryptocurrency has many uses beyond finances that make it a natural social technological advancement candidate. 

To clarify… 

CRYPTOCURRENCY IS HERE TO STAY. 

In both centralized and decentralized states. 

Meme coins aren’t doing anything except draining uneducated people of their money and keeping them distracted from having a honest taste of investing in and trading assets during a time when wealth is exchanging hands every second. After Dogecoin, Bitclout, and Shiba Inu coin finish their rounds I am sure a lot of people will give up on being investors and eagerly let the worlds Governments save them with good ol centralized financial intelligence without all the beneficial goodies that make crypto an exciting wonder of the world.