Although decentralized credit rating is in its early stages, even with the advancements already made, there’s no doubt about its growth into an even better assessment tool in the future.
Here s what 6 crypto experts said about Tesla s $1.5 billion bitcoin investment
Shalini NagarajanFeb 9, 2021, 13:21 IST
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bitcoin, saying it invested $1.5 billion in the token.
It helps to bring bitcoin further into the mainstream, as both a form of payment and an investment.
Insider compiled quotes from six experts on what this could mean for new buy-in from large investors.
Tesla on Monday revealed a $1.5 billion investment in bitcoin that pushed the digital currency to a record high of $47,889.
The electric-car maker also said it would soon begin accepting bitcoin as payment for its products.
Some analysts said that while