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Elon Musk and Cryptocurrencies
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Elon Musk and Cryptocurrencies

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Questions and Answers

Which cryptocurrency hit a two-month low after Elon Musk announced that Tesla will not accept payments in it?

  • Bitcoin (correct)
  • Ethereum
  • Litecoin
  • Dogecoin
  • What was Elon Musk's reason for Tesla not accepting payments in Bitcoin?

  • Technical limitations
  • Concerns about its environmental impact (correct)
  • Lack of popularity
  • Regulatory issues
  • Which cryptocurrency did Elon Musk state he was working with developers to improve system transaction efficiency?

  • Litecoin
  • Bitcoin
  • Dogecoin (correct)
  • Ethereum
  • Which cryptocurrency did Elon Musk often tweet in support of in recent months?

    <p>Dogecoin</p> Signup and view all the answers

    What was the main concern expressed by Tesla regarding the use of Bitcoin?

    <p>Rapidly increasing use of fossil fuels</p> Signup and view all the answers

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