People outside the U.S. will be able to buy a Tesla with bitcoin “later this year.” In order to accept the payment, Elon Musk (CEO) said Tesla is using “internal” and “open source software.”
He added that Tesla “operates bitcoin nodes directly.” Nodes are computers on bitcoin’s network that work to verify transactions and avoid the cryptocurrency from being spent twice.
In the firm’s refund policy, Tesla cautioned buyers that should they seek to return their electric car and obtain a refund, the company can choose to pay them back in U.S. dollars or bitcoin. Tesla notes that it reserves the right to refund the customer in U.S. dollars at the exact price bitcoin was worth at the time of purchase.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below: