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Elon Musk Says Dogecoin is Better Than Anything Else

Elon Musk, the CEO of Tesla, shared his views on crypto during an interview with Lex Fridman on Tuesday, praising Dogecoin and comparing it to Bitcoin. While Dogecoin started as a joke, it’s actually valuable as per Musk, because it has a much higher transaction volume capability than bitcoin and a very low cost of transaction. He continued with criticizing Bitcoin, highlighting the high cost of transaction.