Wed. 03/24 – Buying Teslas With Bitcoin Is More Bullish For Whom?
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 24 March 2021
⏱️ 22 minutes
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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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