Category

Elon Musk

Elon Musk’s latest Dogecoin ‘trolling’ isn’t impressing the crypto community Elon Musk

Elon Musk’s latest Dogecoin ‘trolling’ isn’t impressing the crypto community

Tesla and SpaceX CEO Elon Musk argued on Twitter today that Dogecoin (DOGE) can beat Bitcoin (BTC) “hands down,” with just one small condition—almost every DOGE’s fundamental aspect needs to change, effectively turning it into a different token altogether. So no big deal then. “Ideally, Doge speeds up block time…
bubmag
May 16, 2021
Elon Musk Working With Dogecoin Developers On Efficiency After Tesla Bans Bitcoin Elon Musk

Elon Musk Working With Dogecoin Developers On Efficiency After Tesla Bans Bitcoin

Elon Musk said he was working with Dogecoin developers to "improve system transaction efficiency" one day after Tesla announced it would stop accepting Bitcoin for payment. Bitcoin prices immediately fell after Musk announced the Tesla policy reversal on Wednesday, although prices appeared to have stabilized somewhat by Thursday. The value…
bubmag
May 14, 2021
Elon Musk decries bitcoin’s ‘insane’ energy use after Tesla payment U-turn Elon Musk

Elon Musk decries bitcoin’s ‘insane’ energy use after Tesla payment U-turn

Tesla Inc. boss Elon Musk on Thursday denounced the “insane” amount of energy used to produce bitcoin BT*1, doubling down on his sudden rejection of the cryptocurrency as a means of payment over environmental concerns. Musk, one of bitcoin’s most ardent backers, tweeted a graph of bitcoin’s power consumption and…
bubmag
May 13, 2021