Famous Car manufacturing company Tesla receives huge offers for a non-supported cryptocurrency —Bitcoin Cash.
Mainstream acceptance for cryptocurrencies come in wide varieties. From adding crypto to balance sheets, to payment of staff using crypto, and to crypto-friendly government regulations. For Tesla, it was adding Bitcoin, and Bitcoin alone, to its balance sheets but could one juicy offer change this?
Major Updates
- YouTuber to start-up unknown but using 111 Tesla cars.
- YouTuber suggests BCH is better suited on the balance sheet.
- YouTuber has BCH enthusiasts talking.
On 20 April, one famous YouTube channel uploaded a video of the channel’s host, a financial expert, just outside a Tesla dealership. There, he made claims to buy Tesla cars, although his offer was rather peculiar.
He stated that if Elon Musk accepted Bitcoin Cash as payment for the cars, he would buy 111 model 3s. The total would amount to around a whopping 4.2 million USD.
This video from one 1stMil.com Youtube channel created a frenzy amongst Bitcoin Cash supporters and crypto experts.
The host also emphasized his seriousness by displaying his crypto wallet, showing about enough to cover three cars on the go.
Regarding the use of 111 Tesla cars, no specific business venture was disclosed, but he stated it would not be a car rental but rather something bigger. He also stated that the idea was thought up by him and a BHC advocate friend of his.
He backed up his advances with his opinion on only BTC as a cryptocurrency on the balance sheet. He did so by referring to how most Bitcoin holders are investors and are more or less looking to profit for long-term holding; therefore, they are less likely to spend their coins.
However, Bitcoin Cash holders are willing to spend their tokens. He emphasized more with two follow-up videos saying that adding BCH to the balance sheet will greatly benefit Tesla and enhance crypto outreach.
The video has already made rounds across social media platforms, one being the popular forum site, Reddit. There, the video has gotten over 500 upvotes, and many BCH supporters are speculating.
Conclusion
Finally, the host suggested that Elon Musk uploads on his social media platforms to agree to add BCH on the Tesla balance sheet. This would kick off his plans to purchase the cars.
Question of the Day
Do you think Elon Musk will give in to the offer?
