San Francisco: Tesla CEO Elon Musk said on Friday that the electric car maker will accept DodgeCoin, a meme-based digital currency for merchandise. “Tesla Merchant can be purchased with DodgeCoin,” Musk said in a tweet.
After this news, Dodgecoin surged to $0.20.
Tesla sells apparel, ‘Giga Texas’ belt buckles and mini models of its vehicles, as well as quirky limited-edition items such as the ‘CyberWhistle,’ modeled after its much-anticipated Cybertruck.
After Bitcoin Confirmation, Tesla CEO Elon Musk Now Supports DodgeCoin Cryptocurrency, Even Calling Him ‘Dogfather’.
Dodgecoin is a cryptocurrency invented by software engineers Billy Marcus and Jackson Palmer, who decided to create a payment system. About 113 billion coins have already been minted.
Furthermore, Musk previously confirmed that the company is “most likely” to resume bitcoin payments after some due diligence on improving the energy mix used for cryptocurrency mining.
Musk said, “I wanted a little more diligence to confirm that renewable energy use is likely to account for 50 percent or more and that there is a tendency for that number to increase and if so, Tesla will be accepting bitcoin again.” will start.”
“The most likely answer will be that Tesla will start accepting bitcoin again,” he said.
Musk also confirmed that he has a significant personal investment in bitcoin on top of Tesla’s investments and that he has small holdings of Ethereum and Dodgecoin.
first published:Jan. 15, 2022, 8:04 p.m.
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