According to Litecoin creator Charlie Lee, Tesla's investment in Bitcoin and the decision to accept it as payment forcars – another step towards changing the financial system.
Lee believes that following Tesla, many large companies will start investing in BTC. He declared:
This is very important news.When more sellers start accepting bitcoin and don't sell it, we can move away from the fiat system. We will have a new system where merchants will accept crypt, pay salaries in crypt and spend crypt on business expenses.
Lee added:
The richest man in the world believed in bitcoin and invested 7% of Tesla's reserves in cryptocurrency. Other big companies will follow suit.
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Based on materialsdecrypt.co