• Oops!
    Something went wrong.
    Please try again later.

Musk asks: 'Do you want Tesla to accept Doge?'

In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Billionaire entrepreneur and crypto cheerleader Elon Musk turned to Twitter Tuesday to do some market research of the crypto kind.

Musk asked his 54 million followers on Twitter: "Do you want Tesla to accept Doge?"

The tweet refers to dogecoin, a digital currency without any real world use, currently going for just 48 cents per digital coin.

Based on that paltry exchange rate and current Tesla prices, it would take nearly 80,000 dogecoins to buy the cheapest Tesla Model 3.

That didn't stop over 2 million responses in five hours after he posed the question.

Three out of every four respondents voted in favor of Tesla accepting dogecoin as payment.

Tesla already accepts bitcoin as payment, which has added some legitimacy to the world's biggest crypto currency.

One of Musk's other companies - SpaceX - recently said it would accept dogecoin as payment to launch a lunar mission next year.

Musk's Twitter poll follows his appearance on Saturday Night Live this weekend, in which he called dogecoin a "hustle", which sent the meme-inspired cryptocurrency into a tailspin.

Dogecoin differs from bitcoin in some key ways. Dogecoin was originally created as a social media joke, has an unlimited supply, and so far is rarely accepted as payment in exchange for goods. Bitcoin, on the other hand, has a limited supply and is seeing its acceptance as a payment method grow, pushing its value to more than $55,000 in Tuesday trading.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting