Dogecoin As The Official Currency Of Mars? Elon Musk Ponders

Minn ZyCrypto - 2 snin ilu - Ħin tal-Qari: 3 minuti

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 Huwa L-Aħjar Verżjoni Ta 'Flus Huwa Ra

Ex exec PayPal, Elon Musk esprima l-fehma tiegħu li Dogecoin kien qabel il-pakkett bħala mezz ta 'skambju. Mhux l-ewwel darba li l-boxxla ta’ Tesla esprima din l-opinjoni. Dan għamel dan l-aħħar f’intervista mal-magazine Times bħala l-persuna tas-sena tal-ġurnal.

Il-boxxla ta 'Tesla qal lil Lex Fridman li t-twemmin tiegħu li Mars topera b'munita kriptografika, u faħħar lil Dogecoin bħala għażla possibbli. Huwa qal dan wara li ddikjara l-ottimiżmu tiegħu dwar l-inżul tal-bnedmin fuq Mars sal-2026. Musk saħaq, madankollu, li l-għażla ta’ munita titħalla f’idejn l-abitanti ta’ Mars, u żied li “tkun xi ħaġa lokalizzata fuq Mars.”

Il-konversazzjoni wasslet lil Musk biex jitkellem dwar l-istat fqir tas-sistema finanzjarja u kif il-munita kripto tikkoreġi l-"iżbalji miżjuda mill-gvern." Il-biljunarju qal dan, filwaqt li semma d-diffikultà biex tinżamm id-database kif ukoll is-setgħa arbitrarja tal-gvern biex iżid il-provvista.

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 Għadu Fit-Tim 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 se tagħmel xi merkanzija li tista 'tinxtara ma' Doge u tara kif tmur."

L-appoġġ ta’ Elon Musk għal DOGE ma juri l-ebda sinjali ta’ tnaqqis. F'Mejju, il-biljunarju żvela fi tweet li kien qed jaħdem mal-iżviluppaturi fuq il-proġett. 

“Naħdmu ma 'devs Doge biex itejbu l-effiċjenza tat-transazzjoni tas-sistema. Potenzjalment promettenti. " 

Sors oriġinali: ZyCrypto