Elon Musk Says Tesla Will Accept Dogecoin As Payment For Some Merchandise

Earlier this year, Tesla CEO Elon Musk said that the company would first accepting bitcoin equally payment for its cars. However, a few months later on, the company changed their minds and Musk afterward suggested that ecology touch was the reason for this. He tweeted that the company would start accepting it again once miners offset using more clean free energy.

Now information technology seems that Tesla is accepting cryptocurrency in one case over again, merely not bitcoin, merely dogecoin. Dogecoin is an altcoin that was initially created equally a meme/joke, but it has somehow maintained its relevance years later. This is perchance due to Musk constantly tweeting about it, which in plow might have fabricated more people interested in it.

Tesla will make some merch buyable with Doge & run across how information technology goes

— Elon Musk (@elonmusk) Dec xiv, 2021

However, y'all won't be able to buy a Tesla with dogecoin just yet. According to Musk's tweet, dogecoin will be accustomed equally payment but just for some merchandise, meaning like hats or t-shirts or whatever merch that Tesla sells. Musk's tweet also sent the value of dogecoin skyrocketing past as much as 30%, just whether or not information technology'll hold remains to be seen, merely that's the volatile nature of cryptocurrency.

What'southward interesting almost this is that Musk seems to exist a huge proponent of dogecoin. A recent Time Magazine interview revealed that Tesla's CEO believes that dogecoin is a ameliorate cryptocurrency to transact with versus bitcoin, which to him is more of a store of value rather than something you would buy and sell or transact with.

Filed in . Read more virtually Cryptocurrency, Social Hit and Tesla. Source: markets.businessinsider

Source: https://www.ubergizmo.com/2021/12/elon-musk-says-tesla-will-accept-dogecoin-as-payment-for-some-merchandise/

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