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Watch: Elon Musk And Jack Dorsey Spar Over Bitcoin's Future

• by Tyler Durden

Some have suggested that bitcoin's rebound from below $30,000 today was in anticipation of this event...

As reportsthe Elon vs Jack showdown started in mid-May after Tesla's apparent about-turn 'betrayal' of bitcoin, publicly canceling its previous announcement of accepting bitcoin citing unsustainable outputs from bitcoin mining.

Jack Dorsey tweeted in favor of Bitcoin (BTC). Dorsey, CEO of the digital payments company Square said Bitcoin changes "everything" for the better and stated his commitment to making Bitcoin better with time.

Jack tweeted in response to Square CFO Amrita Ahuja's tweet on the unchanged Bitcoin policy at Square Inc. She assured the users of Square's commitment to a greener future via its Bitcoin Clean Energy Initiative.