RoboTaxi Bitcoin payments?

[M4TT_Fullerton]

Trying to take the 100,000 ft. view here-
Imagine in 2025, your Cybertruck is out all day in your town earning money on the Tesla Network. Some people are paying in Bitcoin, some are paying in US Dollars.
Does it affect you as the owner? What if Tesla settles all transactions and functions as the payment processor? I know most people aren’t comfortable with Bitcoin yet, but Tesla’s clearly signaling their vision of what the future looks like. I view their 1.5B treasury conversion into a digital asset as very similar to buying 1000’s of acres of Nevada desert to corner the lithium market. What do you think?

 

[Crissa]

Does it affect you as the owner?

Generally, no.

Since your digital wallet isn't what's dealing with the customers, it doesn't matter what the taxi network is paying you. That's a separate transaction.

You generally don't want to corner a market you're trying to buy, tho. It only makes it more complex trying to sell fragments of a 'bitcoin' - which is another reason why bitcoin is less and less like getting away from banks. Someone has to hold those fragments, and process the transactions, and they become a defacto bank.

-Crissa