$365B wiped off cryptocurrency market after Tesla stops accepting Bitcoin
Musk might be claiming this is about the environment, but it might also be a concern about real liquidity of Bitcoin assuming Tether is a scam and will collapse. Of cause if that was the case you wouldn’t say it out loud, but instead find some way of stopping the exchanges of tether backed Bitcoin for Tesla’s, while quietly trying to offload as many bitcoins as possible in the floating market before it implodes. Probably you’d find some silly excuse for doing this like saying your trying to save the trees of something. Because being honest would push the implosion closer.