Elon Musk Conveniently Ignored Bitcoin's Inconvenient Truth Where does the future of money end and t

[ColinC]

6. He wants to incorporate crypto, and bitcoin was the most acceptable option

He doesn't single handedly make these decisions for Tesla, as a board has to approve it. He chose bitcoin to ease the company into crypto which had broad support, and it appears now they realized that wasn't the best decision -even if he might have been against using that particular cryptocurrency to begin with.

Dogecoin is an option that uses far less than 1% of bitcoins energy usage for a transaction, and would qualify as a reasonable alternative currency. That being said, I think cryptocurrency mining only constitutes about a percentage or less of overall energy consumption. So either way, trying to blame crypto mining for environmental pollution is sort of ridiculous.