A question of three Bitcoin ATMs—all at Tesla sites in Nevada and California—has stumped Twitter.
Will Reeves, CEO of Bitcoin rewards app Fold, tweeted Saturday that there is a Bitcoin ATM at a Tesla gigafactory. LibertyX, makers of Bitcoin ATMs, followed this up claiming that there are, in fact, three Bitcoin ATMs at three gigafactories across the US. And yet, Tesla CEO Elon Musk says otherwise.
It appears that the confusion was created over the fact that the Bitcoin ATMs are not dedicated Bitcoin machines. Until recently they were just normal ATMs, according to LibertyX employee LibertyX_Chris on Reddit. Once the ATMs have been shipped, they can be upgraded to offer additional features, such as the ability to buy Bitcoin.
“Yup, it’s real. Three traditional ATMs that we’ve upgraded to also sell bitcoin. Only open to employees (and potentially visitors when they open up for tours again),” said LibertyX_Chris on Reddit.
Now the ATMs offer Bitcoin with an 8% fee. The ATMs are buy-only for now, but this may also change in the future. “Hope to have an announcement on [selling Bitcoin] soon,” the LibertyX employee added.
Billionaire entrepreneur Elon Musk yesterday told the world how much Bitcoin he owns and it's somewhat… modest—for a billionaire who had tweeted memes about Bitcoin in the past.
Commenting on the J.K. Rowling tweet which sent the crypto-world into a frenzy, the Tesla CEO—one of the world’s richest men with a net worth of $40 billion—disclosed that he owns just 0.25 Bitcoin. Today, that is a little under $2,500-worth of the cryptocurrency.
I still only own 0.25 Bitcoins btw
— Elon Musk (@elonm...
According to LibertyX CEO Chris Yim, the upgrade from traditional ATMs happened only a few months ago. This might explain why Musk is unaware. This is a man simultaneously building electric cars, digging a tunnel and sending cars to space, after all—although he does own 0.25 BTC himself.
“Elon, 0.25 BTC isn't enough, and now that you can buy bitcoin from the 3 on-site Gigafactory ATMs, you don't even need to leave home,” LibertyX said on Twitter.
Decentralized communication protocol WalletConnect is embarking on the next phase of its growth with Smart Sessions, a new standard that will “redefine” wallet UX for the AI-powered future of the internet.
In a new blog post, WalletConnect Foundation founder Pedro Gomes outlined his vision for a “seamless, intelligent onchain world” powered by AI agents communicating through Smart Sessions.
“Smart Sessions aren't just a UX upgrade,” Gomes wrote, explaining that they “fundamentally reshape the ec...
Ethereum co-founder Vitalik Buterin wants to make it easier for average users to run Ethereum nodes by changing how they sync with the network, using regular consumer hardware.
On Ethereum, a node can be built on any computer able to run its software and connect with others to share and verify data across the network. Working together, they validate transactions and maintain Ethereum's security.
Having a full node is valuable as it means a user can maintain a local server that could run Ethereum...
When Netflix quietly announced plans to remove “Bandersnatch”—the groundbreaking interactive episode from Black Mirror—futurist and journalist Katie Schultz launched a campaign to preserve what she calls a pivotal moment in streaming history.
Outraged at what she saw as the quiet erasure of a significant chapter in streaming innovation, Schultz launched a Change.org petition to preserve Bandersnatch—and within days, it gathered more than 6,500 signatures from show supporters.
“This isn't just ab...