avatar of @finguru
LeoFinance Badge
1 min read

Tesla accepted that they are diversifying their investment portfolio and maximizing returns on their cash. I hope that these corporations will not only accept payment in crypto, but do their expenses as well. Then it will be distributed back to more people. That's a long haul though.

Elon Musk, CEO of Tesla, is a visionary and he knows the value of Bitcoin is going to be in the next 5 or 10 years. Good thing is that he took so many years to come out and invest in them. Haha! Tesla purchases are also putting money in the crypto market. For now it's great for Bitcoin and crypto adoption, but in future, if only 10 corporates own the major chunk, then it's a problem . It should be like 1,000,000 small business owning the major chunk. That serves the Decentralization very well.

Posted Using LeoFinance Beta