![Tesla announcement shows Bitcoin is here to stay](/content/images/size/w720/wp-content/uploads/2021/02/Tesla-announcement-shows-Bitcoin-is-here-to-stay.jpg)
Tesla announcement shows Bitcoin is here to stay
Bitcoin is now a spendable currency in plenty of niche markets and individuals will soon even be able to purchase a Tesla with it.
On February 8, Tesla announced that it had bought around US$1.5 billion in bitcoin and would begin accepting the cryptocurrency as payment for its