Use digital token Dogecoin to buy Tesla’s product
By Amit Srivastava
The announcement by millionaire
Elon Musk that Tesla, the largest electric car maker in the world will allow people
to buy its brand merchandise using Dogecoin is moving one step closer to the acceptance
of the digital currency. Not an electric car, but a few products like children's all-terrain motorbikes can be bought using Dogecoin.
Dogecoin is an open-source
peer-to-peer digital currency, favored by Shiba Inus worldwide was initially started
as a joke. It is also known as the first meme coin.
Industry experts say that popular
among people growing to use cryptos for payments. In fact, VISA has recently
conducted a survey that revealed small business owners across nine geographies
are willing to accept digital currencies as payment methods.
Dogecoin is based on the popular
'Doge' Internet meme and features a Shiba Inu, a Japanese breed dog, on its
logo. Dogecoin differs from Bitcoin's proof-of-work protocol in several ways,
one of which is by using Scrypt technology.
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