Elon Musk Believes These Two Things Will Make Dogecoin More Useful
Elon Musk Claims Dogecoin Needs More Merchant Adoption And A Merchant Tipping Service
Responding to a recent tweet from Dogecoin creator Billy Markus, Tesla CEO Elon Musk opined that meme cryptocurrency Dogecoin would certainly gain more utility if more companies accepted it.
The world’s richest person also added that it would be “fun” to use Dogecoin to tip creators.
However, Musk argues that creating a bridge between Ethereum and Bitcoin is not necessary, despite possible use cases in the web3 sector.
As reported by U.Today, the entrepreneur recently proposed making Twitter users pay for Twitter Blue subscriptions with the help of Dogecoin after acquiring a 9.2% stake in the company.
Musk is currently trying to secure a hostile takeover of Twitter with a whopping $43 billion bid, which he made earlier this month. However, his cryptic “moving on” tweet sparked speculation as to whether or not the controversial entrepreneur has decided to withdraw his daring plan.