Quote (ofthevoid @ Feb 8 2021 07:29am)
Musk makes smart business move IMO
musk buys BTC, BTC spikes, Tesla books get cash boon. Musk announces Tesla will accept BTC as payment. BTC spikes more. Musk grabs more BTC as payments. And it was all due to a fucking SEC filing so he's not guilty of any market manipulation lol.
Musk gonna be a bit time holder in the space, and also will IMO spur on the trend of tech savvy companies accepting incremental BTC payments, which gives them double cash. they get to hold BTC and the trend drives up BTC price.
Musk might have honestly just set a floor price forever, might never drop below 38k ever again.