- Tesla’s payment-related source code includes Bitcoin and Dogecoin
- The presence of these cryptocurrencies in the code since January has sparked speculation about Tesla resuming car sales for cryptocurrency
- Despite Elon Musk’s promise to restart Bitcoin car sales if mining becomes more than 50% clean energy, no action has been taken yet
Tesla’s Cryptocurrency Connection: A Second Coming?
Recent findings have highlighted an intriguing aspect of Tesla’s operations. The source code related to the electric vehicle giant’s payment system has been found to contain references to Bitcoin and Dogecoin. This discovery has stirred up the crypto community, leading to speculation about a potential resurgence of Tesla’s cryptocurrency car sales.
Decoding the Cryptocurrency Clues
The presence of Bitcoin and Dogecoin in Tesla’s source code since January has raised eyebrows. This has led to conjecture that the company could be considering a return to accepting cryptocurrency as payment for its vehicles. The fact that these codes were not recently added suggests that this is not a case of accidental inclusion, but rather a deliberate move.
A Brief History of Tesla and Bitcoin
It’s worth noting that Tesla had previously embraced Bitcoin as a payment method for its cars. However, this policy was short-lived, lasting only three months from February to May 2021. The company cited environmental concerns related to Bitcoin mining as the reason for suspending this payment option.
Elon Musk, Tesla’s CEO, later stated that the company would reconsider its stance if Bitcoin mining became more sustainable. Specifically, he suggested that if over half of Bitcoin mining was powered by clean energy, Tesla would resume accepting the cryptocurrency. Despite indications that this condition has been met, there has been no move from Musk or Tesla to reinstate Bitcoin car sales.
As the cryptocurrency community continues to watch Tesla’s moves closely, the question remains: Will the electric vehicle titan make a return to the crypto market? Only time will tell.
Summary:
The source code related to payments of Tesla, one of the world’s largest electric vehicle manufacturers, has been found to include Bitcoin and Dogecoin. This discovery has sparked questions about whether Tesla will resume selling cars for cryptocurrency, as these two options have been written in the code since January. Tesla had suspended car sales with Bitcoin in May 2021, a policy that lasted only three months. Elon Musk had previously announced that if Bitcoin mining was done with more than 50% clean energy, Tesla would start selling cars with Bitcoin again. Despite surpassing this threshold, Musk has not yet taken a step in this direction.