Today news
About the same in other media
Dogecoin is better than Bitcoin for transactions, says Elon Musk
Reading now: 594
cnbctv18.comElon Musk, Tesla and SpaceX boss, has always backed Dogecoin, a cryptocurrency based on memes. A couple of months back he revealed he had invested in Dogecoin besides Bitcoin and Ether.A former fan of Bitcoin, Musk says that Dogecoin has an advantage over Bitcoin and other cryptocurrencies and believes it to be the most promising cryptocurrency for trading.Bitcoin transactions have a lower transaction value and an increased cost per transaction.
It is appropriate as a value store, at least on a spatial level. Musk, however, said that Bitcoin is fundamentally not a good replacement for transactional currency.The billionaire said that despite its origin as a prank coin, Dogecoin is better suited for transactions.
Read more on cnbctv18.comAbout this in other media
The CFO of Robinhood says the company sees no reason to put a 'meaningful' amount of corporate cash into cryptocurrencies markets.businessinsider.com /2 years ago
Elon Musk reveals who he thinks the mysterious Satoshi Nakamoto is moneycontrol.com /2 years ago
Elon Musk thinks Neuralink is better than Metaverse in long term cointelegraph.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
