Renowned Bitcoin expert Saifedean Ammous criticized Elon Musk for not enabling Bitcoin payments on Musk's social media platform, X. This comment was in response to Musk's recent tweet condemning Apple's collaboration with OpenAI.
Who is Saifedean Ammous?
Ammous, known for his influential book "The Bitcoin Standard," is a significant voice in the Bitcoin community. He expressed his frustration on Twitter, stating, "Twitter isn't smart enough to accept Bitcoin, which is patently absurd."
Ammous' comment highlights a broader sentiment within the Bitcoin community, eager for wider adoption of Bitcoin on mainstream platforms.
Is it really as Ammous thinks?
It is well-known that Musk has been a strong supporter of Dogecoin. During an interaction with the public at Tesla's Berlin Gigafactory in March, Musk expressed his willingness to accept Dogecoin as a payment method for Tesla vehicles. Responding to an audience query, Musk said, "At some point, we should allow Dogecoin payments. You can already use Dogecoin to buy Tesla merchandise, which is pretty cool, so... Dogecoin to the moon!"
Just last month, Dogecoin became an accepted payment method for certain Tesla products.
Tesla only accepts Dogecoin; it cannot receive or detect any other digital assets, so make sure you use Dogecoin for purchases.
Source: Tesla
Why Dogecoin Over Bitcoin?
Dogecoin is a shining star on the Solana (SOL) chain, a high-performance blockchain. Compared to other blockchain networks, the SOL chain boasts fast transactions, high scalability, and low transaction fees. In contrast, Bitcoin's transaction fees are significantly higher, making Dogecoin a more practical choice for Twitter payments.
Source: Bitinfocharts
Compared to Bitcoin, Dogecoin is more suitable as a payment method on Twitter.