Elon Musk explains why Dogecoin is better than Bitcoin

Elon Musk speaks on the Lex Fridman Podcast about why Dogecoin is accidentally the best cryptocurrency in the world.
For more insights, visit EM360tech.com:
em360tech.com/tech-news
#crypto #dogecoin #bitcoin
Video courtesy of The Lex Fridman Podcast:
• Elon Musk: SpaceX, Mar...

[@eanerickson8915]

We don't need a currency. We need a store of value.

[@jameslacy679]

Shut up pus

[@Monteking95]

Move 10,000,000 doge to another wallet costs you 1 cent

[@I.Q1117]

And fast too! ❤

[@cayladodge90]

Me on my way to buy some doge coin 🏃🏼‍♀️🏃🏼‍♀️💨💨💨

[@Anotherclevername20]

That was a good call

[@Lonewolf3515]

Elon Musk makes sense. The more you use a currency, the more value it has. The more value it has in that regard, the more popular it becomes and the more people that want it in their financial portfolio, which, by economic math, will increase the price tag of something, possibly exponentially, depending on how popular. Hold on to your cryptocurrency and hope that it becomes popular and has a good use case. ;)

[@MJ-nh5dq]

Dogecoin's hidden secret whale don't buy 1 Doge. Whales buy "bags" of 1M Doge. There's only 140.4K "bags" of 1M Dogecoin mined so far. Only 755K "bags" of 1M Dogecoin will be mined by the yr 2140. 21 million "bags" of 100M Satoshi will be mined by the yr 2140 Mdoge is 27x more scarce than 100M Satoshi (Bitcoin)😎

[@camaranpayne5355]

Warren Buffett doesn't advise it

[@warrenb2856]

Warren Buffett does not understand bitcoin!@@camaranpayne5355

[@Monteking95]

Fees on dogecoin are under a cent

[@tetrixdog]

Elon just elucidated the 'store of value' use case for BTC brilliantly.

[@gujjarpur866]

During the current crypto market downturn, it's important to remain composed and not get rattled by the volatility. This turbulence, including the uncertainty over Bitcoin ETF approvals and typical market reactions, is part of the crypto journey. Despite the sell-offs in major cryptocurrencies, the long-term prospects look promising. This period offers unique opportunities for those who can analyze market trends and patterns. I'm particularly thankful to Kristine Stones for her invaluable insight and guidance in navigating these complexities. Her expertise in both crypto and traditional trading, combined with a commitment to staying on top of market trends, makes her an outstanding guide in the world of cryptocurrency.

[@user-kb2he8lw2d]

**I am grateful for the opportunity to learn from such a distinguished professional. Thank you Kristine Stones....

[@user-jr6kp2vf8j]

His signals gives consistent profit and winnings

[@scheys3201]

Please educate me, I've come across this before. How can I get to her please?

[@user-vp5il9it5c]

*@Kristinestones*

[@user-vp5il9it5c]

she's mostly on Telegrams ......

[@Monteking95]

It makes sense fees on btc is crazy

[@Sm0oTh92]

😂😂😂

[@Never_Do_It]

I agree with Elon. Dogecoin is better, more usable, and widespread. But it is also the most "worth"less. Its just a cool idea and kinda neat background. Just the billy markus and jackson palmer names make me want it, like two cool video gamer dudes made it. But its so worthless. It could never beat etherium or reach the power level of bitcoin.

[@adelakopecna6410]

🔥🚀

[@nodaklojack]

Doge can't fail, it never had intentions to be anything. Nothing to do but be supported. Easiest play. Fixed inflation rate, predictable, perfect. The coin future generations will prefer, nobody wants to work in fractions of a btc.

[@warrenb2856]

You can work in Satoshis, they are about .07 cents in January 2024.

[@imagineeringmind953]

It's simple, the DOGE network is very fast & virtually free to transact regardless of the transaction size. DOGE ftw, hands down.

[@Sm0oTh92]

Good luck with this dogsh*t

[@concretejunglegym7759]

Ppl have to take Elon serious..May sound ridiculous but he knows what we can't see and I'm betting on his wizard/ genius future

[@Never_Do_It]

I had a dream that Billy Markus and Jackson Palmer were in college playing a virtual video game in the basement. They got sucked into the virtual game, kinda like "ready player 1". They had to figure out how to solve the game to win and get out. They created #Dogecoin to save the virtual world and Billy's Honda Civic was an actual car that exited them back into reality from the game. #Elon Musk was brought back as well, unknown, in the trunk of the car. They met #Elon when they returned back to reality. However, they discovered from #Elon that they may need to go back in a Tesla to save Kabosu from boring #Bitcoin lead by a team of evil monsters who captured him. #Elon had a secret weapon and it was "X". They used #Elon's secret hidden rocket to place #Dogecoin on the moon which is Kabosu's orignal home. "It was a wild adventure". #Elon, Jackson, and Billy saved virtual HUMANITY and they were all excited in celebration. Kabosu's power was restored on the moon to energize the virtual planet.

[@tuffn00gies]

By this logic we'll need to upgrade to a new coin every few years. How will that go?

[@studiopigliacampi2906]

Yes guys! I have a lot of doge 🎉

[@robertconstien592]

Dogecoin is the way friends 🎉🎉🎉🎉🎉🎉🎉

[@warrenb2856]

The best argument against bitcoin, is that it requires a phenomenal amount of study to learn, even for very intelligent people. If you don´t have the time to learn about bitcoin, just invest in real estate, it is very easy to understand.

[@freedomfight1933]

Coming from an experienced real estate investor and someone who knows a lot about bitcoin, you're correct. And Elon obviously knows absolutely nothing about bitcoin. He really sounds like an idiot talking about it, and I wish he would stop. I like him in general.

[@andrub23]

Nonsense

[@freedomfight1933]

I can't believe how ignorant this is from him. Have you heard of the lightning network? 😂.. do you know anything about the block size wars (which were NOT in 2008, they were almost 10yrs later) when bitcoin intentionally decided to stay with smaller blocks in favor of more decentralization. This was (especially in light of the lightning network for small transactions now) a brilliant decision. So now bitcoin is the best of both worlds.

[@eanerickson8915]

This guy was bailed out with FIAT money.

[@amigospower]

Remember This: Dogecoin Is A Joke. Bitcoin Started 2008 as a Joke, and Now it hits 44.000 €🤣🤣 If you want 💰 money, look for a joke product. 😉 #Dogecoin: 3€

[@sykal]

BTC was started as a joke? lol smdh tell me you haven't read the white paper without telling me you haven't read the white paper.

[@smokin_hot_tea]

this was a scam and this is when he tried convincing everyone to do this sht

[@arcticfox3442]

Shhh

[@a1epoxypolishing198]

Stay brokieeee

[@smokin_hot_tea]

yeah where is doge coin now???? don't worry ill wait. lmfaooooo did you hear Elon sold most of his doge coins? did you hear about the last time they actually updated the software??? lol brokie is right. you are the brokie one@@a1epoxypolishing198

[@disappearer9670]

Well maybe you shouldn't put all your eggs in one basket

[@thagoatcryptoNews]

😂bro have you been sleeping for 13 years?

[@kang7664]

Musk is clueless on crypto lol

[@jessediesel4211]

people need to get on doge