Kathmandu. The value of the digital cryptocurrency Bitcoin has rebounded, according to a statement from Alan Musk, CEO of Tesla and SpaceX.
The price of Bitcoin has risen to more than हजार 30,000 per coin, Musk said, adding that Bitcoin payments could be accepted in Tesla's business in the future.
Bitcoin was collapsing after electric car maker Tesla said in May that Bitcoin was unacceptable.
Tesla had said that such a polluting currency could not be accepted as payment, citing the high energy consumption of bitcoin mining.
But at a conference hosted by the Crypto Council for Innovation, Musk said he had cryptocurrency and that Tesla could accept cryptocurrency in future payments.
He also said that research is being done on the consumption of fossil fuels in Bitcoin mining.
"I wanted to work harder to make sure that the share of renewable energy was 50 percent or more," Musk said. And, there is a tendency to increase that percentage. If so, Tesla will resume accepting Bitcoin.
Some Tesla investors and environmentalists have previously criticized Tesla's decision to accept Bitcoin.
Tesla's decision to allow the use of cryptocurrencies, which are considered environmentally dangerous, to buy so-called eco-friendly vehicles was criticized as contradictory.
Bitcoin mining uses a lot of energy. A large part of it is produced from fossil fuels.
Remember that Alan Musk has been a supporter of cryptocurrency. He has also been accused of using his influence to increase the popularity of cryptocurrency. He has also been accused of artificially inflating the value of cryptocurrency through various funds and making a profit by selling at such an increased price. But Musk said he did not believe in raising the price and selling it again, adding that he wanted to see Bitcoin succeed.
At the B-Word conference, Musk said he also had Bitcoin with his company Tesla and SpaceX. He also revealed that he has invested in other cryptocurrencies, Etherium and Dodge coin.
