Undoubtedly, Tesla (TSLA) and billionaire Elon Musk's Twitter are the key to the mass adoption of cryptocurrencies as a mainstream payments asset class. The car company Tesla on Wednesday shared details about its bitcoin holdings when it revealed its second-quarter figures. The holdings of the company's digital assets remain at $184 million
Musk has hinted on several occasions in the past about the existence of the Bitcoin payments feature on Twitter. Although there is no official word at launch
Bitcoin Payments on Twitter | What is the truth? Tesla has added Bitcoin and Dogecoin to its website's source code. In fact, it was found that the keywords Bitcoin and Dogecoin are already present as part of the code behind the site. in January 2023. The automaker's website added a crypto payments feature on its page and has stayed ever since. Although it did not materialize at that time. However, this gives hope that Tesla's payment facilities for Bitcoin and Dogecoin are about to happen
Elon Musk is known to be closely associated with the Dogecoin community. This is thanks to his tweets on the memes coin. Thus, it is likely that they will most likely integrate Tesla and Twitter Dogecoin with Bitcoin in the first batch of cryptocurrencies when they launch