After a busy week with Elon Musk once again his name popped up again regarding Twitter, Dogecoin, and Tesla.
Mark Cuban the TV Star and Billionaire has come up with an idea to solve Twitter’s Spam problem with the famous meme coin Dogecoin.
Last week Tesla’s CEO and the Owner of Twitter have been discussing related to this matter how to solve the Twitter Spambot Problem. Reports say Half of Elon’s followers are fake.
For this problem Mark Cuban the owner of the NBA team Dallas Mavericks and billionaire tweeted a suggestion
So after this suggestion, Elon musk tweeted and said Not a bad idea,
So this might be good news for Doge fans even after the dogecoin supporter Elon musk agreed to the suggestion. This is a real relief for dogecoin after witnessing a huge fallback.
Some strictly criticize this matter it is almost a free service and doesn’t force it to be used with a meme cryptocurrency. So let’s see what’s in Elon’s mind. Both are crypto fanatics in the last august both said that Dogecoin is the strongest cryptocurrency for payments.
Musk is already known for his backing up for dogecoin.
Not even Elon even his electric car company is also interested in cryptocurrency. So recently Tesla mentioned in a statement a recent filing with the SEC revealed saying
“We believe in the long-term potential of digital assets both as an investment and also as a liquid alternative to cash,”
Tesla is almost holding $1.26 Billion worth of digital assets as per reports in its first-quarter earnings. The digital assets holding hasn’t changed for Tesla since they decide to hold it last year. So as per the market values according to the date, March 31, 2022, almost shows a Tesla’s digital assets value is nearly $1.95 billion.
Last year march Tesla accepted Bitcoin as per Elon’s Tweet and it already caused an all-time high mark for the Bitcoin. Somehow less than two months even reversed its decision saying Tesla will not accept Bitcoin due to its bad environmental impact. Furthermore, Musk said he will reconsider Bitcoin if it changes to an eco-friendly mining mechanism.
However, Musk like meme coins as everyone knows he has backed up it many times. Tesla even accepted Dogecoin for selected items. However, as per reports, they have not marked any earnings from Dogecoin payments. So it seems interesting to see how all these big names like Twitter, Tesla, and Dogecoin will make difference in the market.
