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Tech Brew Ride Home

Wed. 03/24 – Buying Teslas With Bitcoin Is More Bullish For Whom?

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 24 March 2021

⏱️ 22 minutes

🧾️ Download transcript

Summary

You can now use Bitcoin to buy a Tesla. You can now DM anyone on Slack. Intel is now doing what Ben Thompson has been telling them to do for years. What Medium is doing to journalists is dumb. What Verizon is doing with Yahoo+ is dumb. And is the Chief Impact Officer title a real role, or is it… dumb? Sponsors: The Hello, User Podcast From Ping Identity BuyRaycon.com/tech for 15% off Links: Elon Musk says people can now buy a Tesla with bitcoin (CNBC) WhatsApp for work: Slack is turning into a full-on messaging app (Protocol) Trading App Robinhood Says It Filed Confidentially for IPO (Bloomberg) Intel invests $20 billion into new factories, will produce chips for other companies (The Verge) Exclusive: Qualcomm is planning an Android-powered Nintendo Switch knockoff (Android Police) Medium Tells Journalists to Feel Free to Quit After Busting Union Drive (Motherboard) Verizon to center media arm around new subscription platform Yahoo+ (Axios) Amazon hires former executive Adam Selipsky to run AWS (CNBC) Prince Harry Is Taking on a New Job Title: Chief Impact Officer at BetterUp (WSJ) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Meme Ride Home for Wednesday, March 24th, 2021. I'm Brian McCullough.

0:08.6

Today, you can now use Bitcoin to buy a Tesla. You can now DM anyone on Slack. Intel is now doing

0:16.2

what Ben Thompson has been telling them to do for years. What Medium is doing to

0:20.6

journalists is dumb, what Verizon is doing with Yahoo Plus is dumb, and is the Chief Impact

0:27.4

officer title a real role or is it dumb?

0:30.8

Here's what you miss today in the world of tech.

0:33.0

Hey, you can now buy a Tesla with Bitcoin.

0:40.0

Only in the US for now, but coming to everyone later this year, quoting

0:45.3

CMBC. In order to accept the payment, Musk said Tesla is using internal and open source

0:51.7

software. He added that Tesla, quote, operates

0:54.5

Bitcoin nodes directly, end quote. Nodes are computers on

0:58.4

Bitcoin's network that work to verify transactions and avoid the

1:01.4

cryptocurrency from being spent twice.

1:04.0

Tesla's image as an environmentally friendly car company

1:07.0

sits at odds with the Bitcoin Network's

1:09.5

colossal carbon footprint.

1:11.5

Researchers at the University of Cambridge found that it uses more electricity on an annual

1:16.6

basis than the whole of Argentina.

1:19.2

A 2018 paper published in nature, arguably the most prestigious academic journal in the world, found

1:24.2

that Bitcoin emissions alone could push global warming above 2 degrees Celsius."

1:30.0

So there's that. Also I guess my only question is, given the two meme religions, the monster ones of Tesla investing and Bitcoin investing, who is the bigger winner in terms of Bullcase scenario from

1:46.4

this news? Actually though I have another question. Wouldn't you feel silly spending

...

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