Sunday, October 24, 2021

YouTuber claims he’ll buy 111 Tesla Model 3s… if Elon Musk accepts Bitcoin Cash

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A Bitcoin Money (BCH) YouTuber has promised to purchase 111 Tesla Mannequin 3s … however provided that Tesla CEO Elon Musk agrees to just accept BCH for Tesla purchases any further.

Going by the title “1stmil.com,” the Australian YouTuber explained to virtually 8,000 followers over three brief videos that he believes Tesla would see a lift in gross sales in consequence as there are a lot of Bitcoin Money supporters who wish to spend their cryptocurrency, whereas Bitcoin (BTC) supporters are likely to wish to hold on to their holdings.

“You’ll get pleasure from unbelievable quantity of assist by individuals who really wish to spend the Bitcoin Money, not the individuals who simply wish to HODL the BTC.”

In late March the Bitcoin Money neighborhood was dismayed to study that BCH had not been added as a cost possibility when Elon Musk confirmed that U.S. clients may buy a Tesla using BTC.

The day following this public rebuff, BCH hit new all-time lows in opposition to Bitcoin of 0.089 BTC.

It is unclear whether or not this newest BCH provide is only a publicity stunt by the YouTuber who has hosted his channel for 3 years now. 1stmil’s means to pay for 111 Telsas can also be an open query because the pockets proven within the first video, solely holds roughly $141,000 in BCH, or sufficient to purchase simply three Teslas. On Reddit, he clarified that he purposefully didn’t wish to reveal his different wallets for safety causes.

In earlier movies he alludes to already proudly owning a number of thousands and thousands within the crypto, predicting he’ll make $1 billion when BCH reaches $50,000 by 2025. If true that might imply he holds not less than $14.88 million in BCH at present costs.

The vehicles he plans to buy, white Tesla Mannequin 3s are at the moment sold in Australia for about $52,000. Not together with the amount low cost, this might equate to an preliminary buy of $5.8 million.

He mentioned he intends to make use of the Tesla EVs for a brand new enterprise venture, the small print of which he can’t reveal but. Nonetheless, on Reddit, he explained that the vehicles might be stripped out and repurposed: “Let’s simply say Tesla mannequin 3s are bought in Australia under price. Their components are price greater than their sum.”

This isn’t the primary time BCH proponents have introduced the crypto to Elon Musk’s consideration. On March 25, in response to Musk tweeting that “Now you can purchase a Tesla with Bitcoin,” Kim Dotcom in contrast BCH and BTC charges saying the previous “is serving the mass market, not simply the 1%.”