Why Elon Musk’s Bitcoin Argument Doesn’t Make Sense

Bitcoin does use a lot of energy, but the vast majority of it is renewable

Photo by Bermix Studio on Unsplash

In the early months of 2021, Bitcoin and cryptocurrency have benefitted from the backing of Elon Musk and Tesla — which invested $1.5 billion in Bitcoin and gave consumers the ability to buy its vehicles using the popular digital coin.