What 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.”

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Did Elon Musk invest in bitcoin?

Musk acknowledges that he has invested in three cryptocurrencies, Bitcoin, Ethereum, and Dogecoin . On Sunday, Elon Musk helped Shiba Inu vault up the ranks of the largest cryptocurrencies by market value by tweeting a photo of his puppy. Now the meme token is down after he said he doesn’t own any.

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