Dogecoin payments integrated by billionaire Elon Musk into any of his companies have been a hot topic of discussion for a number of years now. With Musk eventually taking over Twitter and rebranding it to X, expectations were that DOGE payments on the social media platform would be happening soon. While this is yet to come, there are clues that point to Musk possibly preparing to integrate DOGE payments, as community members have pointed out.
Musk Builds Out Custom Dogecoin Payment System For Tesla
Tesla, one of Musk’s companies, in 2021 had implemented Bitcoin payments for its electric vehicles before halting the feature shortly after. Since then, the company has not accepted crypto payments for its vehicles but it has implemented crypto payments for merchandize and that crypto was Dogecoin.
Following the integration of Dogecoin payments, one community member who goes by @Dogecoin_Wins took to X (formerly Twitter) to share a particularly interesting fact about how the company chose to go about this implementation. They note that instead of the automotive manufacturer going the same way as other companies who used a third-party service to implement crypto payments, Elon Musk-led Tesla had actually built out its own DOGE-only payment system.
This payment system based entirely on the blockchain is significant in the fact that it is no small feat. As the Dogecoin community member points out, Musk would’ve had to hire a number of staff including “blockchain experts, devs, security pros.” Not only this, there is also the issue of hiring “customer service agents who know how to work within the blockchain for refunds, and field more complicated questions than what CS agents are used to.”
All in all, the company would’ve had to have spent a s
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Author: Best Owie