Dogecoin As The Official Currency Of Mars? Elon Musk Ponders

Pa ZyCrypto - 2 zan de sa - Tan Lekti: 3 minit

Dogecoin As The Official Currency Of Mars? Elon Musk Ponders

Musk reveals that DOGE, more than any other crypto, checks out as a currency. He likes Dogecoin as the currency of Mars but says it is up to the people.There is no sign of the billionaire relenting in his support for the token.

Elon Musk has continued to express his fascination with meme coin sensation Dogecoin. In a recent interview with Lex Fridman, Musk explained the reason for his preference of DOGE to Bitcoin.

Dogecoin se pi bon vèsyon lajan li te wè

Ansyen egzekitif PayPal, Elon Musk te eksprime opinyon li ke Dogecoin te devan pake a kòm yon mwayen echanj. Se pa premye fwa bòs nan travay Tesla eksprime opinyon sa a. Li te fè sa jis dènyèman nan yon entèvyou ak Times magazin kòm moun nan magazin nan ane a.

Bòs nan Tesla te di Lex Fridman kwayans li ke Mas ta opere ak yon cryptocurrency, fè lwanj Dogecoin kòm yon chwa posib. Li te di sa apre li te deklare optimis li sou moun ki aterisaj sou Mas pa 2026. Musk ensiste, sepandan, ke chwa pou yon lajan ta dwe rete nan moun ki rete nan Mas, e ajoute ke li "ta yon bagay ki lokalize sou Mas."

Konvèsasyon an te mennen Musk pale sou eta pòv sistèm finansye a ak kijan kriptografik lajan korije "erè gouvènman an ogmante." Bilyonè a di sa, li site difikilte pou kenbe baz done a ansanm ak pouvwa abitrè gouvènman an pou ogmante rezèv.

Musk went on to explain that while Bitcoin improves on this system, its low transaction volume and high fees make it impractical as a currency and more like a store of value. Dogecoin, on the other hand, he said, was more scalable in terms of volume as well as very low in fees.

Musk acknowledged that Layer 2 solutions like the Lightning Network, which have been implemented in places like El Salvador, address the issues raised. However, he explained further that the deflationary nature of Bitcoin encouraged people to “hodl” it and not spend it, stating that that was not a trait that a currency should have. Musk added that Dogecoin’s design of a fixed number for inflation solved this issue without necessarily making it inflationary. 

Musk toujou nan ekip DOGE

Elon Musk has remained a vocal proponent of Dogecoin this year. He has used platforms from Twitter to recent interviews to promote the coin. Many have attributed the surge of interest in the token to the billionaire.

In a tweet nearly two weeks ago, the Tesla boss, who had held a Twitter poll earlier this year to ask if his fan base would like to use DOGE for payments at Tesla, revealed that the company would start accepting the token for certain Tesla merchandise in a tweet over two weeks ago.

"Tesla pral fè kèk machandiz ka achte ak Doge epi wè ki jan li ale."

Sipò Elon Musk pou DOGE pa montre okenn siy diminye. Nan mwa me, bilyonè a te revele nan yon tweet ke li te travay ak devlopè sou pwojè a. 

"Travay avèk dev Dog yo amelyore efikasite tranzaksyon sistèm lan. Potansyèlman pwomèt. " 

Sous orijinal: ZyCrypto