Elon Musk Talks About Bitcoin (BTC) and Dogecoin (DOGE)!

Elon Musk said that he accepts the value of Bitcoin, Dogecoin and other cryptocurrencies but will not promote any cryptocurrencies.

Known for his support for Dogecoin, Tesla CEO Elon Musk joined the X Takeover podcast hosted by the Tesla Owners Silicon Valley account on X.

Here, Musk, who made statements on #Bitcoin (BTC), #Dogecoin (DOGE) and the general crypto market, was asked to share his current views on Bitcoin.

Answering this question from a different perspective, Musk said that he accepts the value of BTC, #DOGE and other cryptocurrencies, but will not promote any cryptocurrency.

Musk, who stated that he has a weakness for dogs and memes, also admitted his fondness for Dogecoin.

However, the famous billionaire also warned that videos showing him supporting DOGE or cryptocurrencies are most likely deepfakes, saying:

“I think Bitcoin and maybe other cryptocurrencies have value, and I have a soft spot for Dogecoin because I love dogs and memes. But I have no intention of promoting any crypto.

Most of all, I will not promote a cryptocurrency as a joke. If you see me pumping crypto, it is not me.”

While Tesla CEO Elon Musk has said he supports Dogecoin but will not promote it, his companies Tesla and SpaceX still accept DOGE for merchandise.