Bitcoin plunged 17% after Tesla founder Elon Musk said his car company would stop accepting the cryptocurrency as payment In a tweet, the Tesla founder said that he made the decision because of his concern about the amount of fossil fuels burned by computers in the mining of bitcoin. The announcement is a reversal from just a few months ago when Musk embraced the digital token for payment...
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Musk-Twitter Drama Jumps the Shark
We’re now at that part of the Elon Musk–Twitter drama where—as happens for some long-running TV shows—the plotline has gone off the rails. Of course, this isn’t a TV show, although there likely will be one, and I nominate Jonah Hill to play Elon Musk. And what seems off the wall is just life in Musk’s world. It’s a little like the alternate reality Donald Trump creates to replace a less...
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