#55 Why would Tesla accept Bitcoin payments?
In this Business Design Jam, we break down Tesla’s announcement that it will let customers buy their cars with the cryptocurrency Bitcoin. We talk about the business rationale for this decision and use it as a good excuse to introduce business topics such as:
three fundamental business documents that designers need to understand (Profit and loss statement, Balance Sheet, and Cashflow statement),
what is inflation and when it happens,
and what is the difference between a currency and assets?
You can download the mp3 file by right-clicking here.