Two years ago on this day, Tesla started accepting Bitcoin as payment, but this was stopped shortly after. Given that now over 50% of Bitcoin mining is green, is it not time for Tesla to resume Bitcoin payment?

Two years ago on this day, Tesla started accepting Bitcoin as payment for their vehicles. On that day, Bitcoin was around $55K. Three weeks later, Bitcoin made it to about $65K.

https://preview.redd.it/ckf3n3sh9opa1.png?width=1252&format=png&auto=webp&s=092c5bbf779f8d138a5186b0b8a6af362ee5badb

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Shortly after, however, Elon Musk announced that Tesla will stop accepting Bitcoin for car purchases due to environmental concerns. The price of bitcoin dropped roughly 5% in the first minutes after Musk’s announcement. This was the start of a 50% crash to $28K, ironically the level we are at right now.

https://preview.redd.it/1wyxmcwy9opa1.png?width=1024&format=png&auto=webp&s=3ded7179f271ef5f784aae355513b4c51b52e5e8

It was promised that Tesla would resume payments in Bitcoin once miners would go green in that at least 50% of the energy for mining Bitcoin should be sustainable/green.

https://preview.redd.it/uk5vomlcaopa1.png?width=731&format=png&auto=webp&s=26e22c572a4dcddb1205ad38dc0f30cd77accac7

Now, two years later, Bitcoin mining is actually green enough, as over 50% of the Bitcoin mining is done using green energy.

https://preview.redd.it/rrto9s0maopa1.png?width=821&format=png&auto=webp&s=3e3efb3e442768270fdf22b03dc08ba1c8699e18

So, the qualification that Musk set is met. Bitcoin mining is green enough. What are we waiting for? Two years later on the day seems like a good moment to start. Come on, Tesla!