NewsletterTesla Preparing To Launch Bitcoin, Dogecoin Payments Feature?
Crypto News: It is beyond doubt that billionaire Elon Musk’s Tesla and Twitter are key to mass adoption of cryptocurrencies as a mainstream payments asset class. Automobile company Tesla had on Wednesday shared details about its Bitcoin holdings when it revealed its second-quarter numbers. Earlier, CoinGape reported that the company’s digital asset holdings remain at $184 million.
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Musk had on several occasions in the past hinted about having the Bitcoin payments feature on Twitter, although there was no official word on the launch.
Twitter Bitcoin Payments; What’s The Truth?
Word was around in the crypto community that Tesla had added Bitcoin and Dogecoin payment feature to its website source code. In reality, it was found that the keywords Bitcoin and Dogecoin were already existing as part of the code behind the website. In January 2023, the automaker’s website had added the crypto payments feature on its page and remained since, although it did not materialize at the time. However, this gives hope that the Tesla Bitcoin and Tesla Dogecoin payments facility is around the corner.
It is common knowledge that Elon Musk is closely associated with the Dogecoin community, thanks to his tweet mentions of the memecoin. Hence, it could most likely be a given that Tesla and Twitter will integrate Dogecoin along Bitcoin in the first batch of cryptocurrencies when they launch.
Also Read: Community Mocks Republican For Calling XRP A Security; Analyst Predicts Re-Entry Level
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