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Tesla hold its cryptocurrency assest ahead of inflation.
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[QUOTE="Lens1000, post: 241139, member: 37726"] The world's richest man and the CEO of Tesla, Elon musk took to the news, explaining that he is not in any way selling is cryptocurrency Holdings anytime soon. He explain that SpaceX and Tesla is facing the challenges of inflation due to the high in the price of commodities and the cryptocurrency Holdings of these big conglomerates would be the best alternative to rescues the situation. Currently the two companies are holding bitcoin , Ethereum and the dogecoin. In the early hours of yesterday it was his committee that Tesla has over $1.26billion assets in cryptocurrency in its balance sheet. Going forward, the world should embrace cryptocurrency in order to the fight or combat inflation that is ravaging the economies of the world. The influence of inflation in the world's economy a getting out of hand and there should be a solution to this via the adoption of the bitcoin. This is why the CEO of Tesla never wanted to dispose is cryptocurrency assets anytime soon. Bitcoin is very instrumental in the fight against information because of its limited supply and it was estimated that only 10% of bitcoin is left to be mined in the future in 2140 . [/QUOTE]
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Tesla hold its cryptocurrency assest ahead of inflation.
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