Elon Musk praises Dogecoin again: Better than Bitcoin

In addition to being the founder and CEO of Tesla and SpaceX, two of the largest companies in the world, Elon Musk, who is also the richest person in the world, made important and much talked about statements in his podcast broadcast.

The famous businessman, who touched on many issues from Tesla’s autopilot vehicles to SpaceX projects, his ideas about Mars and space, and his offer of one-on-one combat to Russian President Vladimir Putin, made statements that will be discussed again when it comes to Dogecoin.

“It is also good that 5 billion DOGE enters the circulation annually”

Asked whether his support for Dogecoin continues when the subject comes to cryptocurrencies, Musk said that DOGE is stronger in terms of the number of transactions compared to Bitcoin and that the annual increase in supply should also be seen as a positive situation:

“I continue to support Dogecoin unequivocally. Transaction capacity is much higher than Bitcoin. In addition, I think it is good that 5 billion DOGE is circulated every year, and it can be used as transaction money. You can buy Tesla and SpaceX products with it”

“I am the most engaged on Twitter”

Musk, who was also asked to be the person with the most followers on Twitter, which is seen as the largest social media platform in the world, used the following statements:

“My Twitter account is by far the most engaged account on the platform. Many people, especially crypto money fraudsters, want to defraud people through me. Everything has coins. There are also coins about me. There are all kinds of scams, but most are done using cryptocurrencies.”

As it will be remembered, Musk, who announced that he had sold 925 million dollars of Bitcoin in the past weeks and showed the coronavirus closures in Shanghai, the important port city of China, stated that the company did not sell Dogecoin.