Tesla now allows customers to purchase selected items using the company’s Dogecoin CEO Elon Musk announced. Cyberquat for Kids (12,020 Dos / approximately $ 2,320), meme based cryptocurrency products Giga Texas Belt Hook (835 dogs / about $ 161) and Cyberwich (300 dogs / about $ 58). Business Insider Notes Following the news, Dogecoin rose 16 percent to about $ 0.20.
Musk first announced the move on Twitter On December 14th The company with the cryptocurrency payment option is “how it goes,” he said. It is unknown at this time what he will do after leaving the post. His favorite cryptocurrency.
The initiative appears to have been supported outside the United States S3XY Mug Buy 150 dogs (about $ 29) with Dogecoin from the UK Tesla store. As of this writing, Dogecoin is the only way to purchase certain items because their regular payment symbols are gone.
Support for Dogecoin purchases comes a few months after Tesla Began to accept bitcoin to buy the car, Only Stop training after 49 days, Citing concerns about the use of fossil fuels for bitcoin mining. “Cryptocurrency is a good idea on many levels, and we believe it has a promising future, but it will not come at a huge cost to the environment,” Elon Musk said in a statement.
Dogecoin does not currently use the same amount of energy as Bitcoin per transaction Research from DRG data centers. But Dogecoin is still an energy-intensive working source cryptocurrency Digital currency economist Alex de Vries explained in May. Because its small energy use per transaction is often a less valuable asset than bitcoin.
For his part, Kasturi Said in May He works with Dogecoin developers to “improve system transaction performance”. He was not ashamed of the support of cryptocurrency that started life as a joke Based on Doge meme. “I’m talked to a lot of people about building product lines at Tesla or SpaceX own dozy rockets,” Musk said. Told CNBC in October. “They’re not financial experts or silicon fence technicians. That’s why I decided to support Doz, which felt like a crypto of people.
Another attempt by Elon Musk, SpaceX, Started paying on Dogecoin in May It also plans to send a satellite, DOGE-1, to the moon next year.
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