General Motors Can Adopt Bitcoin, Says CEO Mary Barra

 General Motors Can Adopt Bitcoin, Says CEO Mary Barra

Mary Barra, General Motors CEO told CNBC that nothing is hindering the company from adopting cryptocurrencies and their sole purpose is to help customers make purchase easily.

Back in February, she said that her company would “continue evaluating” Bitcoin following Tesla’s $1.5 billion bet on the largest cryptocurrency.

Tesla suspended Bitcoin payments in May due to the cryptocurrency’s CO2 footprint, triggering a massive crash. Earlier this month, CEO Elon Musk tweeted that a greener Bitcoin would allow the leading electric vehicle maker to resume them.     

Given that GM has plans to shift to a 100 percent EV lineup by 2035, Tesla giving Bitcoin another try would likely entice GM to follow its lead. 


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