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After Declaring Doge Better Payment Method Than BTC, Elon Musk Confirms Tesla Will Accept Dogecoin For Merchandise

Mark Bernnan
By Mark Brennan
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Tesla Inc chief Elon Musk said on Tuesday the electric carmaker will accept dogecoin for merchandise on a test basis.



“Tesla will make some merch buyable with Doge & see how it goes,” Musk said in a tweet.

 

The announcement comes just a day after Musk claimed DOGE could work as a better payment system than Bitcoin. Musk made those comments in his TIMES interview where he was named Time Magazine’s Man of the year.

He said:

“Fundamentally, bitcoin is not a good substitute for transactional currency, Instead, I suggest dogecoin even though it was created as a joke.”

 

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Mark Bernnan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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