Last week Elon Musk tweeted that Tesla has suspended vehicle purchases using Bitcoin. He said that Tesla is concerned about the increasing use of fossil fuels for Bitcoin mining. In response, the crypto markets crashed with Bitcoin falling to $42,000. Let’s look at the subsequent tweets from Elon, reaction from the Bitcoin community, the Doge angle, and speculate on what happens next.

Supporting links:

Bitcoin is key to an abundant energy future

The Investors Guide to Bitcoin and the Environment

Is this Elon’s Doge wallet?

Andy on Twitter 

Brave New Coin on Twitter

Brave New Coin