Tesla, the electric carmaker headed by billionaire Elon Musk, has started to allow people to buy brand merchandise using Dogecoin, a cryptocurrency initially started as a joke.
Read moreWhat is Elon Musk going to do with Dogecoin?
Plans to accept dogecoin as payment have been in the works for a while. In December, Musk tweeted that “Tesla will make some merch buyable with Doge & see how it goes .” Musk is a high-profile supporter of dogecoin and his tweets often move the price of the cryptocurrency.
Read moreWhat did Elon Musk say about Dogecoin?
Tesla CEO Elon Musk believes that even though Dogecoin was created as a silly joke, it is much better suited for transactions than Bitcoin . In a recent interview with TIME magazine, after being named TIME’s Person of the year, he said, “Fundamentally, Bitcoin is not a good substitute for transactional currency.”
Read moreWhat is Elon Musk’s new cryptocurrency?
Tesla, the electric carmaker headed by billionaire Elon Musk, has started to allow people to buy brand merchandise using Dogecoin, a cryptocurrency initially started as a joke.15 Oca 2022
Read moreDoes Elon Musk have Dogecoin?
Musk himself owns Dogecoin , along with other cryptocurrencies like Bitcoin and Ethereum, according to a tweet he posted in October 2021.
Read moreWhat is Elon Musk investing in now?
Musk’s best investments include PayPal, SpaceX, DeepMind Technologies, Tesla, and The Boring Company .
Read moreIs Elon Musk making a crypto coin?
Elon Musk is responsible for a meteoric rise of yet another crypto token . As opposed to the usual dog coins Dogecoin and Shiba Inu, this time, the Tesla CEO managed to boost a completely new token in the crypto market.
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