A very bullish note from a Tesla executive on Bitcoin during today's Tesla earnings call

To paraphrase, this is what he said: "We were looking for a place to store cash trying to get good returns while also trying to preserve liquidity. The traditional options we looked into had low yields and involved taking some risks or sacrifice liquidity. Whereas with Bitcoin, we are pleased with the liquidity in the market and it was a good decision to buy Bitcoins. We are optimistic about Bitcoin for many reasons and it is out intent to hold our current Bitcoin position and continue to accumulate Bitcoins from customer transactions as they purchase vehicles."

submitted by /u/cryptosp
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from Bitcoin - The Currency of the Internet https://ift.tt/3sPlxwV

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