Musk's brother Kimbal: Tesla's awareness of Bitcoin's environmental problems is superficial

Time:2022-02-27 Source: 1371 views Policy Copy share

Tesla co-founder and CEO Elon Musk’s younger brother, Kimbal Musk, said on February 27 that Tesla’s awareness of bitcoin’s environmental problems was very shallow when it added bitcoin to its balance sheet. .

Kimbal is understood to be a Tesla board member when he was asked at ETHDenver 2022 (February 17-20, 2022) whether Bitcoin's environmental concerns will push more companies to invest in Ethereum instead of Bitcoin in the future Answer, "When we invest in Bitcoin, we are very ignorant. We don't know its impact on the environment. Bitcoin is a great store of value to diversify assets.

There are many sources that remind us of the environmental impact of investing in Bitcoin. Of course, our company is creating an alternative energy future. So we really didn't get enough information when we made this decision.

But we don't necessarily regret it because we're glad things are moving in a greener direction. In addition to his seat on Tesla's board, Kimbal sits on the board of SpaceX and has been involved in numerous nonprofits, including Big Green, a non-government school food-growing program in Colorado.

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