One of the most used critical points about Bitcoin has been that it has not been suitable as a medium of exchange or currency. When critics mention this, they point to merchants pretending to accept Bitcoin but in actual fact enrolling a payment processor to instantly convert it to fiat. In other words, they never received Bitcoin.
Not only are Tesla directly accepting Bitcoin here but:
- They do so using their own Bitcoin infrastructure meaning they trust the network
- Don't convert to fiat, meaning they trust the asset as a store of value/medium of exchange