Elon Musk Said Dogecoin is Better Than Bitcoin for Payments. Is He Right?by@rickyrathore

Elon Musk Said Dogecoin is Better Than Bitcoin for Payments. Is He Right?

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Elon Musk, the Tesla CEO and crypto enthusiast is back to ruffling feathers with his opinions. The billionaire tech mogul was named TIME Magazine’s Person of the Year last week. He believes DOG is a better form of payments than Bitcoin itself, with the meme-based currency having more potential for transaction flow efficiency than Bitcoin. Tesla announced earlier this year that it would cease accepting Bitcoin as a payment method due to the asset's environmental impact. DOGE's price surged 25 percent in a day after Musk said that Tesla will offer official merch soon enough and customers would be able to make payments in DogeE.

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