Bitcoin Crashes As Elon Musk Says Tesla Not Accepting BTC & Stan Druckenmiller Crypto & Inflation

Elon Musk crashes Bitcoin by tweeting Tesla will no longer accept Bitcoin as a payment due to high energy usage. He stated Tesla will not sell the Bitcoin it has on its balance sheet. Stanley Drukenmiller said on CNBC that crypto is the solution to inflation. Billionaire Stanley Druckenmiller thinks some kind of crypto-derived ledger system may replace the U.S. dollar as the world’s reserve currency in the future. About 46 million Americans now own at least a share of Bitcoin—that equals about 17% of the adult population. Coinbase reaches #1 on U.S. Apple App Store for first time since 2017. Bitcoin car will race at the Indianapolis 500. Hashdex, a Brazilian crypto asset manager, has raised $26 million in investments.

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