Tesla Now Accepts Dogecoin as Payment

According to the source code for Tesla’s website, the company will be testing a new payment option for dogecoin, The Block Crypto revealed Thursday, and it’s official now. A few days ago, the DOGE payment option was enabled for testing. The source code proved the corporation was ‘absolutely’ evaluating the option, according to a software expert who goes by the moniker ‘Tree of Alpha.’ Tree of Alpha wrote that the code was “already present in the latest Javascript files Tesla uses for processing payments, but the part about dogecoin is forced to return null no matter what happens, thus never showing (basically a way to test code in production).” BREAKING NEWS: Tesla now accepts #Dogecoin as payment. — The Moon (@TheMoonCarl) January 14, 2022 As a result, the DOGE payment option is a kind of hidden feature that most people are unaware of. Musk has previously stated that the business intends to ‘see how it goes’ with DOGE payments. Musk has made no secret of his love for crypto and DOGE, having invested in the meme-themed cryptocurrency as well as other cryptocurrencies such as bitcoin and ether. Additionally, Tesla began accepting bitcoin for car payments in March 2021 but only lasted a few months before ceasing to do so in May. That was credited to the environmental impact of crypto, with Tesla saying it was “concerned about the rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.” The Dogecoin Foundation, which was founded to help Musk reach his aim of ‘placing cryptocurrencies on the moon,’ wants people to take the meme-based coin more seriously, according to PYMNTS. The project currently has a board of directors and advisors, as well as a ‘Trailmap’ that lays out a plan to help revamp the website and eventually create a decentralized point-of-sale system that will allow it to be used as a currency.  “The Manifesto was our attempt at capturing everything the community wanted from the dogecoin project: a ‘currency of the people, for the people and by the people’, something humanity could really use to buy a coffee or pay the rent,” the project said.

The post Tesla Now Accepts Dogecoin as Payment appeared first on Cryptoknowmics-Crypto News and Media Platform.

Source: https://www.cryptoknowmics.com/news/tesla-now-accepts-dogecoin-as-payment/