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Dogecoin (DOGE) may reach the value of one Bitcoin
Elon Musk is actively working on creating a payment system within his platform X (formerly Twitter). A full launch of the system is expected in mid-2024, provided all necessary licenses for money transfers are obtained. Musk claims that X aims to become a universal app that will replace banking and payment services, including popular transfer and payment applications.
Although there were rumors earlier that Dogecoin or other cryptocurrencies might be integrated into this system, Musk has not yet confirmed their use in X. Moreover, he emphasizes that he does not pay significant attention to cryptocurrencies in his plans.
In other Musk projects, such as Tesla, Dogecoin is already used to purchase goods, and in The Boring Company, the cryptocurrency is used to pay for rides in Las Vegas. However, Musk does not disclose whether this will be expanded in the new payment system.
Elon Musk is actively working on creating a payment system within his platform X (formerly Twitter). A full launch of the system is expected in mid-2024, provided all necessary licenses for money transfers are obtained. Musk claims that X aims to become a universal app that will replace banking and payment services, including popular transfer and payment applications.
Although there were rumors earlier that Dogecoin or other cryptocurrencies might be integrated into this system, Musk has not yet confirmed their use in X. Moreover, he emphasizes that he does not pay significant attention to cryptocurrencies in his plans.
In other Musk projects, such as Tesla, Dogecoin is already used to purchase goods, and in The Boring Company, the cryptocurrency is used to pay for rides in Las Vegas. However, Musk does not disclose whether this will be expanded in the new payment system.
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