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Elon Musk feels that Dogecoin is intrinsically superior to all other cryptocurrencies
Elon Musk, the billionaire CEO of Tesla, believes that Bitcoin will be comically slow in 2021.
Musk claims that Dogecoin has a lower transaction fee and processes transactions faster than Bitcoin.
Analysts evaluate the Dogecoin price trajectory through March 2021, keeping a watch out for a breakout in the memecoin.
Tesla CEO Elon Musk is a supporter of Dogecoin. Dogecoin, according to the millionaire, is intrinsically superior than any other cryptocurrency. Musk predicts Bitcoin will be ‘comically sluggish’ in 2021.
Musk believes Dogecoin is superior to all other cryptocurrencies
Musk likened Dogecoin to other cryptocurrencies such as Bitcoin and Ethereum. Musk claims that he does not understand Ethereum-based self-executing smart contracts. Tesla’s CEO was quoted as saying,
I’m too dumb to understand smart contracts. My general approach to any kind of like deal or whatever is just make sure there’s clarity of understanding.
Musk feels Dogecoin is intrinsically superior to all other cryptocurrencies. Musk intends to launch Dogecoin to the moon.
