Elon Musk and Cryptocurrencies
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Questions and Answers

According to Elon Musk's recent tweets, why is Tesla not accepting payments in Bitcoin?

  • Because Bitcoin is too expensive
  • Because of concerns about environmental impact (correct)
  • Because Bitcoin is not a reliable form of currency
  • Because Tesla is partnering with Dogecoin

    • Which cryptocurrency experienced a rally of about 20 percent after Elon Musk's tweet?

  • Bitcoin
  • Ethereum
  • Dogecoin (correct)
  • Litecoin

    • Which cryptocurrency did Elon Musk express more support for in his recent tweets?

  • Litecoin
  • Ethereum
  • Dogecoin (correct)
  • Bitcoin

    • What was the reason behind Tesla suspending vehicle purchases using cryptocurrency?

    <p>Environmental impact of cryptocurrency mining</p> Signup and view all the answers

    What did Elon Musk state about his belief in crypto in one of his tweets?

    <p>He believes crypto is the future of currency</p> Signup and view all the answers

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