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Tesla Made More Money On Bitcoins Than By Selling Cars: Here's What Happened

Tesla Made More Money On Bitcoins Than By Selling Cars: Here's What Happened
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($BTC), Tesla Motors, Inc. (NASDAQ:TSLA) - From Inception To Date: How Bitcoin Touched $50,000

Tesla Inc. (NASDAQ:TSLA) has decided to accept it as a payment method.
One Record After Another: Bitcoin (BTC) almost reached the $50,000 mark, stopping just one step away from the finish line at $49,716.44. As it’s always the case when it comes to cryptocurrencies, volatility is still very high, but the increase in price – between ups and downs – has been a constant trend since September. After the record high reached at the end of 2017, Bitcoin value collapsed to $4,000. Today, it reached again the highest level, increasingly attracting interest among both private and institutional investors.
When It All Began: It was 2009 when Satoshi Nakamoto created the most famous cryptocurrency in the world. Unlike a fiat currency, it is not distributed by a central bank, but it’s based on a network of PCs that distributes it based on a cryptography mechanism that is used to validate transactions. Another feature is the limited amount: only 21 million Bitcoins are avai ....

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