{"id":8927,"date":"2021-05-13T02:49:20","date_gmt":"2021-05-13T02:49:20","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=8927"},"modified":"2021-05-13T02:49:20","modified_gmt":"2021-05-13T02:49:20","slug":"tesla-stops-accepting-bitcoin-for-electric-cars-in-an-abrupt-u-turn-on-flirting-with-cryptocurrency","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=8927","title":{"rendered":"Tesla stops accepting bitcoin for electric cars in an abrupt U-turn on flirting with cryptocurrency"},"content":{"rendered":"<p>Source: South China Morning PostTesla has ended its flirtation with cryptocurrencies, reversing its March 24 announcement to accept payments made in bitcoin for its electric vehicles, in an abrupt U-turn that sent the prices of the largest token tumbling on global exchanges.In an announcement made via Twitter, Tesla\u2019s chief executive Elon Musk cited the \u201cincreasing use of fossil fuels \u2026 especially coal,\u201d involved in bitcoin mining and transactions as the reason for his decision.\u201cCryptocurrency is a good idea on many levels,\u2026<a href=\"https:\/\/www.scmp.com\/business\/article\/3133281\/bitcoin-sinks-after-musk-halts-tesla-electric-car-purchases-cryptocurrency\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: South China Morning PostTesla has ended its flirtation with cryptocurrencies, reversing its March 24 announcement to accept payments made in bitcoin for its electric vehicles, in an abrupt U-turn&hellip; <\/p>\n","protected":false},"author":0,"featured_media":8928,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/8927"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8927"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/8927\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/8928"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8927"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}