Elon MuskThe CEO of Tesla announced that his company accepts dogecoin as payment for two of its new products. To purchase them, simply send DOGE coins to the electric car company’s address.
- Both promotional products sold out immediately.
Products that can be bought with Dogecoins: a Quad and a steel whistle | Tesla Store
Although it accepted DOGE as a payment method, Tesla made it clear that it does not accept any other cryptocurrencies. the american company settled down from the beginning that you do not receive any digital assets other than Dogecoin. Tesla officials relayed that other accidentally shipped goods will not be returned..
In addition, products purchased with DOGE cannot be returned, exchanged or canceled. Tesla considers all sales made with DOGE to be final and cannot be redeemed in US dollars or other traditional currencies.
Well #dogecoin community you know what to do pic.twitter.com/BMz5QS9Agf
— Shibetoshi Nakamoto (@BillyM2k) January 14, 2022
Billy Markus, creator doecoinHe instantly responded to the message posted by Elon Musk, encouraging the community: To the Dogecoin community: You know what to do – Markus sent to his followers.
And the community reacted very quickly. Some of them responded with messages that they had already purchased the products, using dogecoin as a form of payment. Just minutes after the announcement, a user responded with a screenshot of their order, adding: I can’t wait for my Tesla tequila to arrive..
A month ago, Tesla confirmed that will accept Dogecoin as payment in the future for certain products. The announcement resulted in a 25% price increase at the time. On Friday, just hours after Dogecoin payments were implemented, the digital asset enjoyed a full 26% surge.
In December, Musk expressed his opinion in Dogecoin, comparing it to Bitcoin. According to him, although Dogecoin was created as a joke, it is more suitable for transactions than Bitcoin. He also added the inflationary properties of cryptocurrencies, and the fact that this is the key factor that makes people spend them, not keep them as a safe haven. store of valueIn the case of Bitcoin.
Tesla might not be the only American company to implement cryptocurrencies as a payment method. IN study carried out by Visa shows that small and medium enterprises kiss digital assets in 2022.
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