Bitcoin (BTCHodlers can now all own a Tesla electric car – as long as they only have 1 BTC in their wallets.
When BTC / USD passed $ 34,000 over the weekend and hit $ 35,600 on January 6, Elon Musk’s brainchild became more affordable than ever.
Exchange rate 2021: 1 BTC = 1 Tesla
According to the prices on Tesla’s official website, the company’s entry-level offering, the Model 3, is on sale for $ 33,960 in the United States if no eco-friendly fuel rewards are applied.
Musk, who has long taunted Bitcoiners with tweets and comments leaving it unclear whether he supports it, remains under pressure to accept the cryptocurrency for Tesla purchases.
“With a #bitcoin you now buy a Tesla. So when do you accept it, @elonmusk?” popular Twitter account document Bitcoin wrote on weekends.
Samson Mow, CEO of Blockstream, too noted the brand new price parity as Bitcoin hit new all-time highs.
“It would be a shame to buy Model 3 now if you can buy a roadster for 1BTC later this year,” added Juri Bulovic, Bitcoin Mining Director at Fidelity.
Musk gives the DOGE a bone
Such as Cointelegraph reportedTesla stock is a thorn in the side of the most dedicated Bitcoin advocates as the only stock to surpass its 2020 gains. From just under $ 90 on January 1 last year, by the end of last week, $ TSLA was trading at $ 729, with an annual return of over 700%.
At press time on Wednesday, Tesla was even higher, closing out the previous day’s trading at $ 735, while it did not match Bitcoin’s performance in 2021 so far.
Musk himself, meanwhile, shows little sign of commitment to the idea, but focuses his Twitter energy on Dogecoin (DOGE). After some characteristically ironic publicity for the meme-based altcoin, DOGE / USD soared more than 125% in a week.
Merry Christmas and Happy Holidays! pic.twitter.com/uk6NSPwR9R
– Elon Musk (@elonmusk) December 25, 2020
A Shiba Inu theme even graced Musk’s 2020 Christmas greeting to Twitter followers, while an extra helping hand adult actress Angela White has only contributed to the surge in Dogecoin’s fortunes.