Tesla CEO Elon Musk Reaffirms Dogecoin 'Has Potential as a Currency' as Twitter Deal Is Put on Hold
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Tesla CEO Elon Musk Reaffirms Dogecoin 'Has Potential as a Currency' as Twitter Deal Is Put on Hold

THELOGICALINDIAN - Tesla and Spacex CEO Elon Musk says that dogecoin has abeyant as a bill However his Twitter buyout accord has been put on authority awaiting capacity acknowledging adding that spamfake accounts do absolutely represent beneath than 5 of users

Elon Musk Says Dogecoin Has Potential as a Currency

Tesla CEO Elon Musk has fabricated addition bullish account about the meme cryptocurrency dogecoin (DOGE) admitting massive sell-offs beyond the crypto market.

Musk affirmed that dogecoin “has abeyant as a currency.” His cheep was in acknowledgment to a animadversion by dogecoin co-creator Billy Markus, who said that the acumen he brand the meme cryptocurrency is because “it knows it is stupid.”

Tesla CEO Elon Musk Reaffirms Dogecoin 'Has Potential as a Currency' as Twitter Deal Is Put on Hold

The Tesla CEO’s cheep common his beforehand account that DOGE is the best crypto for transactions. In contrast, he said bitcoin is bigger ill-fitted as a abundance of value. Musk, who is accepted in the crypto association as the Dogefather, additionally said that dogecoin is “the people’s crypto.”

A longtime adherent of DOGE, Musk tweeted in April 2019: “Dogecoin ability be my fav cryptocurrency. It’s appealing cool.” The Tesla bang-up additionally appear that he personally owns dogecoin in accession to bitcoin and ether.

Musk’s Twitter Deal Is on Hold

The Tesla bang-up has offered to buy Twitter for about $44 billion, which the amusing media aggregation accepted. Since then, he has been discussing assorted means to improve the platform.

However, Musk appear Friday that his Twitter buyout accord has now been put on hold, tweeting:

Nonetheless, he added that he is “Still committed to [the] acquisition.”

One of the better problems he’s aggravating to break apropos cryptocurrency spam bots. Musk alleged it the “single best annoying botheration on Twitter.” Shark Tank brilliant and the buyer of the NBA aggregation Dallas Mavericks, Mark Cuban, has appropriate using dogecoin as a band-aid to break the Twitter spambot problem. Musk responded by adage it is “not a bad idea.” He additionally adumbrated that dogecoin ability be accustomed for the Twitter Blue service.

What do you anticipate about Elon Musk’s dogecoin animadversion and his Twitter accord actuality put on hold? Let us apperceive in the comments area below.

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