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Elon Musk is also to blame for the shortage of video cards

Tesla CEO buys $ 1.5 billion worth of cryptocurrencies

Tesla CEO Elon Musk made two statements today that immediately increased the value of the Bitcoin cryptocurrency.

Elon Musk
Elon Musk

Elon Musk is also to blame for the shortage of video cards

First, Musk has promised that Tesla will soon accept Bitcoin as payment for electric vehicles.

Secondly, he announced that he bought the most famous cryptocurrency for $ 1.5 billion.

As a result, the value of Bitcoin increased by 10% and reached $ 43,625 per unit. As you know, the shortage of video cards is associated with their use for mining cryptocurrencies. The rise in the value of Bitcoin, caused by Musk’s actions, will increase the demand for video cards from the “miners.”Analysts believe that Musk’s actions could accelerate the transition to the massive use of cryptocurrency for settlements. Earlier, the support for bitcoins was reported by the service Paypal, co-founded by Musk, and the large investment company BlackRock.

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