Coinbase to list Dogecoin, Tesla considering as payment
News today: Dogecoin coming to Coinbase in 6-8 weeks https://www.marketwatch.com/story/dogecoin-is-coming-to-crypto-platform-coinbase-in-2-months-says-ceo-11620944181 (After two months of negotiations since March when Doge was trading at only $0.059) https://www.coindesk.com/teslas-elon-musk-wants-coinbase-to-become-doge-friendly Twitter poll on whether Tesla should accept Doge https://twitter.com/elonmusk/status/1392030108274159619 Tesla fueling the developer community https://twitter.com/elonmusk/status/1392974251011895300 Market sell-off in other large market cap tokens (BNB, BTC, ETH) as people are converting into Doge (+10% in the past hour)
CoinDesk
MarketWatch
We live in a simulation. What’s real?
Crazy his argument for Tesla not accepting Bitcoin as payment is due to the environmental impact, but is considering to accept Doge which is proof of work coin which uses energy to secure its network as well🤷♂️
Not all PoW hashes are equal. Bitcoin uses SHA-256, while Dogecoin uses Scrypt (shared with Litecoin). The difference in energy usage is at least 100x. https://www.trgdatacenters.com/most-environment-friendly-cryptocurrencies/
https://t.co/hQo8Rz43lF interesting read for why PoW is necessary if you’re interested!
Nope, that meme is a dream