Elon Musk, CEO of Tesla, would again be willing to include bitcoin as a payment method for those who want to buy their electric cars.

All this will occur, of course, according to Musk’s thoughts, when there is a use of clean energy by the miners of this cryptocurrency.

“When a reasonable use (~ 50 %) of clean energy by miners is confirmed with a positive future trend, Tesla will again accept payments in bitcoin“, said Musk on his Twitter profile.

Faced with this situation, the CEO of Sygna Magda Wierzycka accused the businessman of being one of the responsibles for manipulating cryptocurrency prices through the decisions of his company, for which he also requested the Securities and Exchange Commission of United States (SEC), to conduct an investigation in this regard.

Immediately, Musk responded by assuring that Tesla only traded 10 % to confirm that bitcoin could be easily liquidated without directly affecting the market.

K. Tovar

Source: Doblellave

La entrada Tesla could accept bitcoin again apareció primero en Bitfinance.

The board of directors of the analytics software company MicroStrategy has announced the payment to its board with bitcoin, as reported by the CEO of the company Michael Saylor.

According to the press release, the benefit will only be applied to directors who were classified as non-employees, this due to the modification made by the board of directors to “compensation agreements.” In this sense, the directors who are under this administrative figure will receive “all fees.”

For its part, the council showed its faithful commitment to the popular cryptocurrency, “given its ability to serve as a store of value, supported by a robust architecture and public open source, without ties to sovereign monetary policy.”

The document specifies that by virtue of said agreement, there will be no variations in the amount to be canceled and it will be nominally denominated in US dollars.

At the time of payment, the fees will be converted from USD to bitcoin and then deposited into the digital wallet of the corresponding non-employee director.

K.Villarroel

Source: decrypt

La entrada MicroStrategy board of directors will receive salaries payment in Bitcoin apareció primero en Bitfinance.

The American company Tesla, has reported that it will begin accepting payments in bitcoin for the purchase of its electric vehicles. The CEO of the company, Elon Musk, has shown interest in the world’s largest digital currency since the beginning of the year and hopes to maintain it for the next 9 months.

Musk reported this Wednesday through his official Twitter account: “Now you can buy a Tesla with bitcoin.” He also ensured that each entry of bitcoin to the company will remain under that figure and will not be converted into fiat currency.

The initiative arises after Tesla witnessed in mid-February the entry of a high sum in bitcoin encrypted at 1,500 million quoted with the popular currency. Obviously, the decision has set a surprising record for bitcoin after such recognition.

Previously, the company had already made an update in its investment policy in January in order to allow the purchase of digital assets, and since then the legitimacy of the currency has been further highlighted.

It is important to note that Tesla currently enjoys a very beneficial position on the stock market; This Monday it reached more than 5 % after the update of the investment firm Ark Invest, which shot the company’s target price to $ 775 compared to the $ 662 this Tuesday.

K. Villarroel

Source: finance

La entrada Tesla accepts bitcoin payments for electric vehicles apareció primero en Bitfinance.

The Portuguese electricity company Luzboa announced to its clients the possibility of paying their electricity bills under the modality of bitcoin. This measure, reported through a local medium, is presumed to be available from next month.

As reported by the president of the company, Pedro Morais, the purpose of the measure is to cover the growing demand for bitcoin and in this way adjust to the needs of its customers using cryptocurrencies as a payment method for the consumption of the electricity system.

Although Luzboa is not one of the largest companies in the country, it is highly relevant due to the majority shareholder coming from the Spanish group Nexus Energía.

Payment methods

According to what was informed by the representative of the company, they are still working on a bitcoin wallet, a means by which residents can make their payments to the electrical system known as “Bit Spot”.

According to Morais, the company plans to instantly convert the amount of bitcoin received into euros to protect its business from unstable prices. “We are aware of the volatility of the currency, but we are prepared to take the risk.”

K.Villarroel

Source: bitcoin.es

La entrada Portuguese company will accept payments in bitcoin apareció primero en Bitfinance.