Elon Musk's Tesla will include Cryptocurrency as payment method for purchase of their vehicles. Before accepting this change recen...
This announcement comes after few days when Tesla owner Elon Musk's made a tweet mentioning Bitcoin in that tweet which makes the digital coin to increase by 14% in a day.
— Elon Musk (@elonmusk) December 20, 2020
Since last year Bitcoin increases by 50% of its value, after this huge growth the experts are still not convince and according to them Bitcoin investment is still very risky and high volatile.
In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximise returns on our cash.
We may invest a portion of such cash in certain alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds, and other assets as specified in the future.
Begin accepting Bitcoin as a form of payment for our products in the near future. - Tesla Said in Announcing the $1.5 billionBitcoin purchase.
Prices of Bitcoin currently standing at $46,720.20 (roughly Rs. 33.58 lakhs) around 11:54 AM GMT (5:24 PM IST).
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