Elon Musk asked his followers if Tesla should accept Dogecoin — and they said yes

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Elon Musk asked his followers if Tesla should accept Dogecoin — and they said yes

(Image credit: Tesla)

Dogecoin could soon be used to pay for Tesla electric cars, judging by the results of an Elon Musk Twitter poll about the cryptocurrency.

The billionaire Tesla and SpaceX CEO has long been one of Dogecoin's biggest advocates, repeatedly pushing its virtues on social media and proclaiming himself "The Dogefather." Now it looks like he's exploring further options to legitimize the cryptocurrency, asking his 53 one thousand thousand followers if they'd similar the option to buy a Tesla EV with Doge.

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Musk posted a Twitter poll yesterday (May eleven) asking merely: "Practice y'all want Tesla to have Doge?"

The poll, which just finished, had a full of 3,922,516 votes — and of those, an overwhelming 78.2% said they did desire Tesla to accept Dogecoin.

While this doesn't mean Tesla will definitely go ahead with the plan, in that location's plenty of other evidence that it'southward likely to happen. For starters, Tesla began accepting Bitcoin as payment dorsum in March and made more coin from selling the cryptocurrency than it did from machine sales in the first quarter of 2021. Then, yesterday, Musk promptly appear that Tesla would no longer have Bitcoin due to concerns over its environmental touch; Dogecoin uses a fraction of the energy and would exist a greener solution.

What's more than, on Monday SpaceX announced the DOGE-ane Mission to the Moon, which will see a Falcon nine rocket take a satellite payload into Lunar orbit, paid for with… you guessed it, Dogecoin.

Every bit SpaceX'due south Vice President of Commercial Sales Tom Ochinero said in a statement, the mission "will demonstrate the application of cryptocurrency beyond Earth orbit and set up the foundation for interplanetary commerce. We're excited to launch DOGE-1 to the Moon!"

Musk may also experience he has some work to practise to build up Dogecoin's value following his invitee hosting of SNL on Saturday (May eight).

The currency dropped past more than 30% in value after Musk called it a "hustle" during the prove's Weekend Update section. That was the first serious fall it had endured for several weeks, later on a stellar ascent that had seen it climb to a tape high of more than $0.70 per money.

Given that it started the year valued at just $0.004876, its current value of around $0.50 still represents impressive growth of more 10,000% in 2021, but some have questioned whether the "memecoin" has a long-term future.

Musk clearly believes that it does, and if Tesla starts accepting Doge equally payment for the likes of the Tesla Roadster and the forthcoming Tesla Cybertruck, information technology could exist the next step in securing its futurity.

• More: SpaceX is launching a Dogecoin-funded satellite to the Moon

Every bit U.K. Editor in Principal on Tom'south Guide, Marc is responsible for the site's U.Grand.-focused output as well equally overseeing all gaming, streaming, audio, TV, entertainment, how-to and cameras coverage. He previously edited the tech website Stuff and has tested and written nearly phones, tablets, wearables, streaming boxes, smart home devices, Bluetooth speakers, games and much more than. He besides spent years on a music magazine, where his duties mainly involved spoiling other people'due south fun, and on a car magazine. An avid photographer, Marc likes nothing improve than taking pictures of very small things (bugs, his daughters) or very large things (distant galaxies). When he gets time, he also enjoys gaming (console and mobile), cycling and attempting to watch as much sport as any human tin (particularly cricket).

Source: https://www.tomsguide.com/news/elon-musk-asked-his-followers-if-tesla-should-accept-dogecoin-and-they-said-yes

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