Customers in the US can now pay for Tesla electric cars with Bitcoin, the company's boss Elon Musk has announced on Twitter. Bitcoin paid to Tesla will be retained as Bitcoin, Musk tweeted, and not converted to traditional currency. 'You can now buy a Tesla with Bitcoin': CEO Elon Musk's announcement bumped Bitcoin's price more than 4 per centTHE PROBLEM WITH BITCOIN Bitcoin emerged in the aftermath of the 2008 financial crisis. Advertisement'You can now buy a Tesla with Bitcoin,' Musk said on Twitter, adding that the option would be available outside the US later this year. Musk said Tesla would be using 'internal and open source software' and operates Bitcoin nodes directly.

Source: Daily Mail March 24, 2021 11:34 UTC