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Elon Musk: Should Tesla accept Dogecoin?
Tesla to accept Dogecoin as payment? Elon Musk tweets to gauge response
Crypto enthusiast Elon Musk asks Twitter users if Tesla should accept Dogecoin
Does Tesla accept Dogecoin?
Tesla to accept Dogecoin as payment? Elon Musk tweets to gauge response
Crypto enthusiast Elon Musk asks Twitter users if Tesla should accept Dogecoin
Does Tesla accept Dogecoin? | City & Business | Finance | [HOST]
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Crypto enthusiast Elon Musk asks Twitter users if Tesla should accept Dogecoin
the first car company in the world to.
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Crypto bull and Tesla Chief Executive Elon Musk appears to be toying with the idea of allowing customers to use parody coin dogecoin to.
Billionaire Elon Musk and cryptocurrency aficionado on Tuesday asked his
“Do you want Tesla to accept Doge? Yet while few people say that dogecoin will “democratise finance”, or become “the global reserve.
Tesla CEO Elon Musk says Tesla will no longer accept Bitcoin. Is he setting up a Dogecoin swerve? Tesla CEO Elon Musk cited environmental.
We can expect the same with Dogecoin, that is if Tesla ultimately allows Dogecoin payments. The cryptocurrency, however, has a negligible.
Tesla isn't the only Musk-led company to consider using Dogecoin for payment. Ticker, Security, Last, Change, Change %.
It comes just days after Musk said that SpaceX would accept dogecoin as payment to launch a lunar mission next year. The limited supply of.
Tesla CEO Elon Musk continues to bat for Dogecoin, a currency he has championed since early this year, despite his recent bout of bad luck with.
Elon Musk: Should Tesla accept Dogecoin?
Jump to navigation. Dogecoin has been in the spotlight lately, largely thanks to Elon Musk and his owned enterprises. Days after the tech billionaire's aerospace firm SpaceX announced the use of Dogecoin to pay for a lunar satellite, Musk has now hinted at its potential use of buying a Tesla. For those unaware, Dogecoin is a cryptocurrency that originated as a meme or a joke for the seriousness of the cryptocurrency industry. Based on a Japanese dog breed named Shiba Inu, it was created to build a vibrant community in the cryptocurrency world. Elon Musk is a long time admirer of Dogecoin and has established himself as a very important part of this community. Among the Yes or No options, more than 78 per cent of respondents have recorded Yes as the answer. If the Tesla CEO follows the public verdict and the example of his other firm's recent Dogecoin investment, there is a chance that you might just be able to buy a Tesla with Dogecoin soon. Dogecoin has been on a rollercoaster in the markets for the past month. He did, but it did not have the effect many around the globe were expecting. Not that Musk didn't do his part. He called the cryptocurrency a "hustle" and a "stimulus for people kicked by pandemic. Dogecoin lost more than 30 per cent of its value within hours. Since then, it has seen short spikes, one majorly due to the SpaceX announcement a couple of days back. One of the top aerospace manufacturers in the world announced that it would send DOGE-1, a lunar satellite named after Dogecoin, to the moon in the first quarter of next year. The company has taken Dogecoin as payment for the mission. With the possibility of Tesla following this lead, what exactly does it mean for you? If Tesla says it will accept payments in Dogecoin, you will have to transfer the number of Dogecoins equivalent to the price of the car, as per the market value of the cryptocurrency at that time. The operational sense of it can be guessed with Tesla's current acceptance of Bitcoins for Tesla. The amount of Bitcoin depends on its current market value, and hence a transaction should be executed within a short time period. We can expect the same with Dogecoin, that is if Tesla ultimately allows Dogecoin payments. The cryptocurrency, however, has a negligible market value in comparison to others like Bitcoin. Hence, it might be a hefty amount of Dogecoin one has to pay for Tesla. Of course, that will depend on the crypto's prevailing performance in the market. It is bound to rise multifold in value if Tesla gives the green light to Dogecoin payments. So if you have a Dogecoin today and it doubles by the time such payments are accepted, you will effectively be buying a Tesla at half its price. Though don't consider it as financial advice, just a mere observation. Click here for IndiaToday. More than 78 per cent have since responded Yes. It was recently accepted by SpaceX as the payment for a lunar mission next year. Musk has now hinted at its use by his other firm Tesla. Also read: Shiba Inu coin is being hailed as Dogecoin killer and it has already given 1900 pct returns in one week. Also read: Elon Musk reveals he has Asperger's syndrome, has difficulty making eye contact. Also read: Dogecoin warns users to not fall for scams that claim to double or multiply coins.
Director of research at D. Davidson Gil Luria comments on the state of crypto and Dogecoin nose dive. Just a few months after Tesla started accepting the world's largest cryptocurrency, Bitcoin , for its electric vehicle payments, CEO Elon Musk is now considering adding Dogecoin as another alternative payment option. Musk posed the question to his 53. Over 3. The final tally came in at 78. The poll came after the meme token surged to a new all-time high last week, with Doge continuing to gain popularity in the mainstream. On Sunday, SpaceX announced it would partner with Geometric Energy Corporation to send Doge to the literal moon in a mission slated for the first quarter of 2022. DOGE-1, the first-ever commercial payload entirely funded by Dogecoin, will carry a 40-kilogram cube satellite aboard a Falcon 9 rocket. Geometric Energy CEO Samuel Reid says the transaction solidifies Dogecoin as a "unit of account for lunar business in the space sector. The joke currency has been volatile in the days following Musk's hosting gig on Saturday Night Live. Musk made several references to Dogecoin during his appearance, including calling it "a hustle" during the NBC variety show's "Weekend Update" segment.
Tesla is the first car company in the world to accept Bitcoin as a form of payment for its electric vehicles in the United States and may next also accept Dogecoin in a similar manner. Dogecoin was created by Billy Markus and Jackson Palmer as a form of payment but was meant as a joke. There's no joke in the fact that the value of Dogecoin has seen a stunning rise. And because there is no upper limit - as is the case with Bitcoin, there could be around 100 Billion Dogecoins in circulation. Making payments through cryptocurrency, however, may not be quite straightforward, also because these forms of currencies are very volatile. But the fact that the likes of Tesla and Musk have been keeping the interest levels high by references and announcements related to cryptocurrencies, the highs could remain for quite some time to come. Elon Musk tweets to gauge response. Toyota Corolla has a crossover version. And it looks quite rad 2 min read. Venue powers Hyundai in US; company registers record sales in May 2 min read. Did you know? Tesla has same AMD tech for in-car screens that's in Playstation 5 1 min read. Tesla begins recruitment for senior management roles in India: Report 2 min read. Internet Not Available. Wait for it… Log in to our website to save your bookmarks. It'll just take a moment. Yes, Continue. Your session has expired, please login again.
A proponent of digital currencies, the Tesla Inc chief executive made the comment as a guest host on the "Saturday Night Live" TV show this past weekend. Musk is one of the world's richest people and owner of several futuristic companies, including SpaceX and Neuralink. In March, Musk said U. Based on current prices, one would need nearly 80,000 dogecoins or 0. Musk's poll on dogecoin received over 3. It comes just days after Musk said that SpaceX would accept dogecoin as payment to launch a lunar mission next year. The limited supply of bitcoin helps drive its value as the digital currency gradually gains acceptance for commercial transactions. Whereas dogecoin, which began as a social media joke in 2013 with a shiba inu dog as its avatar, has an unlimited supply and remains seldom used to make payments for goods. It hit a record high Thursday above 73 cents. The billionaire' s tweets have drawn SEC scrutiny in the past, but his recent remarks about cryptocurrencies have not landed in him in any regulatory troubles so far. Shares of Tesla were down 1. Settings Logout. Do you want Tesla to accept Doge? Must Read. Social media influencers will now have to add labels for paid content, new guidelines out OnePlus Nord CE 5G tipped to come with Snapdragon 750G SoC, 64-megapixel camera Apple may launch new AirPods Pro in 2022 with health tracking features If you have old LG phone, Apple wants to you to take a new iPhone on discount If you snore too loudly chances are your Fitbit is listening to it and analysing your sleep quality More.
When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Tesla CEO Elon Musk continues to bat for Dogecoin, a currency he has championed since early this year, despite his recent bout of bad luck with crypto tokens. Mr Musk's support has, in part, facilitated DOGE's meteoric growth since January, as it has gained more than 4,000 percent of its value. Despite his continued support, Dogecoin holders seemed put off by Elon Musk's recent appearance on Saturday Night Live. But he remains convinced of its relative supremacy on the market and seems to be entertaining it as a payment alternative at Tesla. Of the 3. Another added: "I say yes! Not only would it be great for the coin, but also then dogearmy can buy your amazing cars with our amazing coins! Does Tesla accept Dogecoin? Could SafeMoon overtake Dogecoin? Crypto skyrockets. He asked his 54. Below a tweet asking the question, he posted an online poll. Several of his followers voiced their opinions in comments. One said: "DOGE is about to go ripping out of this galaxy. One user said: "All right buddy, enough is enough. Mr Musk has not made any official announcement just yet, but Dogecoin has responded. Around the time he posted the poll at 9. Dogecoin Cryptocurrency.
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