Advertising

Dogecoin or Bitcoin? Elon Musk asks on Twitter

votes
Article Rating
Elon Musk asks about Dogecoin or Bitcoin. He may be considering accepting other cryptocurrencies, as payment at Tesla.

Billionaire Elon Musk, the second richest man on the planet, CEO of Tesla and SpaceX, spoke again about cryptocurrencies, this time to ask his followers which digital asset is most worth having.

Musk is known to be a big fan of Dogecoin and Bitcoin, but the businessman left the question open, suggesting that he wants to know other options, as there are currently more than 9,000 cryptocurrencies.

“What is the future of hodl?” He asked, using the term “to keep” or “to keep”.

Bitcoin or Dogecoin?

dogecoin or bitcoin

With more than 200 thousand likes and almost 38 thousand comments, several investors suggested several options, each, of course, promoting their respective favorite cryptocurrencies.

READ more:  Bitcoin Looking at $50K Again

Several industry leaders took advantage of the situation to recommend other assets in addition to the well-known Dogecoin and Bitcoin.

Despite this, one of the most notable and liked responses was made by the CEO of Blockstream, Adam Back, who without hesitation ensured that the currency of the future is certainly Bitcoin.

Will Tesla accept other cryptocurrencies?

Bitcoin was the main choice of several followers who answered the question, however, as was to be expected, several projects identified as a scam also showed up in the answers.

It is unclear why Musk asks in a rather unpretentious way what the future of “hold” is, but given the entrepreneur’s track record of supporting cryptocurrencies, he may be considering accepting other digital assets at his companies.

Earlier this year Tesla invested US$1.5 billion in Bitcoin and also started accepting the cryptocurrency as payment for its electric cars.

READ more:  OKEx Lists Chiliz, Enables CHZ/USDT and CHZ/BTC Spot Trading

Bitcoin is the largest cryptocurrency in the world and has appreciated about 100% this year, however, other digital assets, such as Ethereum, have risen more than 200%. This may motivate Musk to start accepting other currencies with the potential for appreciation.

Musk, therefore, should keep an eye on the answers and will likely look at the ones that had the most citations.

It remains to be seen whether the billionaire will make moves toward newly discovered assets such as dogecoin or bitcoin.

votes
Article Rating


Follow us on Facebook, Twitter, Instagram, and Telegram, and don’t miss any crypto news.


Disclaimer:

The information expressed in this article is solely those of the author and do not necessarily reflect the vies of CryptoDeFinance.  Each and every investment and trading move involves high risk. You should always conduct your own research when making a decision in crypto investment.
Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on tumblr
Share on telegram
Share on whatsapp

Bruno Marques

Hi! I am the CEO/Founder of Crypto DeFinance, and I am an Enthusiast crypto investor. I started this project so we can provide you with carefully curated news. If you like us and our news, share the posts and comment. Your visit and interaction is very important to us.
Subscribe
Notify of
guest
1 Comentário
Most Voted
Newest Oldest
Inline Feedbacks
View all comments

[…] With an elegant design and open software technology, Jade allows the storage of Bitcoin, USDT. It also stores crypto-assets created on Liquid, a network maintained by Blockstream. […]

MORE NEWS

Yield Farming is one of the main innovations brought by decentralized finance (DeFi) to the cryptocurrency market. And, without a doubt, it was one of the reasons for the explosion of these projects in the year 2020. So if you want to know more about what is Yield Farming, read further.

So, you want to know a little more about what are Liquidity Pools and how they work in the Defi Market?! In a small resume, Liquidity pools are the foundation of automated revenue-generating platforms. There are probably many other uses for them that have not yet been discovered. Read further to learn more.

bitcoin
Bitcoin (BTC) $ 42,322.00
ethereum
Ethereum (ETH) $ 2,873.64
cardano
Cardano (ADA) $ 2.06
binance-coin
Binance Coin (BNB) $ 355.19
dogecoin
Dogecoin (DOGE) $ 0.207890
matic-network
Polygon (MATIC) $ 1.09
pancakeswap-token
PancakeSwap (CAKE) $ 18.37
1
0
Would love your thoughts, please comment.x
()
x
Don't Miss The Latest Crypto News! Subscribe Now