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General Motors May Start Accepting Bitcoin If There's Customer Demand, Says CEO Mary Barra

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Wed, 16/06/2021 - 13:55
General Motors May Start Accepting Bitcoin If There's Customer Demand, Says CEO Mary Barra
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General Motors CEO Mary Barra told CNBC Wednesday that "nothing precludes" her company from accepting Bitcoin payments: 

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There's nothing that precludes us from doing that. We'll be driven by our customers.     

Barra claims that GM strives to make its customers' buying and ownership experience "as easy as possible."

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Back in February, she said that her company would "continue evaluating" Bitcoin following Tesla's $1.5 billion bet on the largest cryptocurrency.   

Tesla suspended Bitcoin payments in May due to the cryptocurrency's CO2 footprint, triggering a massive crash. Earlier this month, CEO Elon Musk tweeted that a greener Bitcoin would allow the leading electric vehicle maker to resume them.     

Given that GM has plans to shift to a 100 percent EV lineup by 2035, Tesla giving Bitcoin another try would likely entice GM to follow its lead.           

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