Why I think Tesla bought BSV not BTC. PsyOP.

lockdaun
8 min readMar 1, 2021

Yeah, i know this is controversial thesis, but I’ll take you on a journey I’ve been on myself for a few days.

The below references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.

So how did it get started?

In the introduction of my undergraduate thesis, I wanted to describe Tesla’s recent BTC purchase to give a historical background of recent events. I started looking for information about the details of this transaction and found several articles including one on CoinDesk talking about Coinbase as the custodian that handled the execution of this transaction.

Source: https://www.coindesk.com/tesla-coinbase-bitcoin-buy

The article says “Coinbase’s institutional trading wing handled electric car-maker Tesla’s $1.5 billion bitcoin investment earlier this month, according to The Block.

So I checked The Block article that coindesk refers to.

Source: https://www.theblockcrypto.com/post/95146/coinbase-tesla-bitcoin-buy

I was severely disappointed when the article clearly stated that neither Tesla nor Coinbase had confirmed this information and that it came from “Sources familiar with the deal”

--

--

Responses (1)