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Tesla buys 1.5 billion in bitcoin

Tesla’s latest move takes Elon Musk's crypto support from mere social media flag-waving to serious investment.

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Bitcoin isn't regulated by the SEC, so this could be a smart move even though Elon is basically pumping it by tweeting about it.

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It's not regulated...yet. Though, because of current regulations US citizens can't participate in IPO of cryptos...which is highly annoying when you find a project that is legit.