It was just a rumor, but it’s now true: Tesla will accept dogecoin (DOGE) as a form of payment. Elon Musk had made the promise to his company’s customers and to cryptocurrency users. He actually lived up to his word nearly a year later, as the online store displayed the price of some of its items in DOGE.
Elon Musk delivers on his promise
Elon Musk had promised that Tesla would accept payments in cryptocurrencies, in particular in dogecoin (DOGE). Internet users were already in despair at the non-fulfilment of this promise. But fortunately, the richest man in the world did not fail to keep his word. Indeed, its online store has taken a big step forward by mentioning the price of some vehicles in DOGE.
The last time Mr. Musk made the promise was in May 2021. He asked his 1 million followers if they wanted the company to accept cryptocurrency payments. Several people had reacted favorably to his request. In total, 78% of participants voted yes. Less than a year later, Tesla is delivering on the promise to DOGE users.
Even though Tesla’s site already displays the price of electric vehicles in DOGE, for now, no transaction involving this digital asset has been recorded. So we will have to wait some time.
Tesla fans can now purchase this Giga Texas Belt Buckle for 835 DOGE. Source: Shacknews.com.
News makes dogecoin (DOGE) users happy
One of the peculiarities of Tesla in accepting payments in DOGE is that the prices of the items are evaluated according to the evolution of the cryptocurrency. So when the price of DOGE drops, buyers can get a discount from the dollar equivalent to complete the transaction.
While waiting to see the completion of transactions in DOGE, users of this electronic money are already happy. Indeed, Tesla’s project comes at a very sensitive time, as dogecoin (DOGE) recently fell nearly 80%. However, thanks to Tesla’s project, chances are that cryptocurrency is regaining color and returning to the path of growth.
Almost a year after promising that Tesla would accept dogecoin (DOGE) payments, Elon Musk is keeping his word. Indeed, his company has integrated articles in DOGE on its official website. This action will undoubtedly allow the digital asset which has lost 80% of its value to find a good direction.
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