Business
Don’t be fooled by Tesla accepting dogecoin – The Australian Financial Review
Elon Musk’s favourite cryptocurrency gives the lie to the idea that we should take bitcoin and others like it terribly seriously.
Dogecoin gives the lie to the idea that we should take bitcoin and other cryptocurrencies terribly seriously.
While crypto evangelists might want everyone to buy into the notion that bitcoin is going to take over from the dollar one day, and that we all need to hold some of it in order to protect ourselves from the evil central bankers who want to inflate away the value of our money, the reality is that their arguments are largely just a self-interested attempt to boost the price of cryptocurrencies.
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