Cryptocurrency

Tesla CEO Elon Musk Believes Dogecoin (DOGE) Is Superior to Bitcoin (BTC) and Ethereum (ETH)

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Elon Musk defended Dogecoin (DOGE), saying that Bitcoin (BTC) and Ethereum (ETH) are slow and valuable.

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Tesla CEO Elon Musk has once again weighed in on the cryptocurrency scaling wars. In a recent reply to a tweet by famous Dogecoin community member Matt Wallace, the billionaire argued that both Bitcoin and Ethereum have slow and precious fundamental layers. As previously reported, Musk recently launched a price reduction proposal that could significantly increase the scalability of the chest cryptocurrency.

https://twitter. com/elonmusk/status/1413396249546563586

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Musk’s latest comment has been met with fierce criticism within the cryptocurrency community. Bitfinex CTO Paolo Ardoino humorously suggested that the billionaire build rockets using “spit and paper” to make them cheaper.

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