—Read Here— This is a compelling opinions deep dive by Noelle Acheson, Coindesk’s Director of Research on the current Elon Musk/Tesla fiasco.
She said Tesla’s announcement to accept BTC as payment “felt like a PR stunt” insinuating that it’s reversal on this decision is no different.
She says that many criticized Bitcoin’s usefulness if it isn’t an accepted form of payment and goes on to argue that if Bitcoin is a hedge against “fiat debasement, then why would users want to use it as a payment token?”
This is a must read for BTC hodlers.
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