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Jim Cramer Explains What Coinbase Means For Crypto

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ICYMI, Tesla is no longer accepting payments in the digital currency because of environmental concerns.

“Tesla has suspended vehicle purchases using Bitcoin. We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emission of any fuel,” CEO Elon Musk said in a tweet late Wednesday.

Yet, Musk keeps tweeting about Dogecoin. 

So, what does Jim Cramer think about a CEO getting so involved with a cryptocurrency?

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