Rumors of Dogecoin and Bitcoin Support in Tesla Website Code Surfaces
Summary: Tesla, an electric vehicle manufacturer, has disclosed its unchanged Bitcoin holdings and financial results for the second quarter. In fact, it was discovered that Bitcoin and Dogecoin-related phrases were already included in the website's underlying code. Musk has previously alluded to the possibility of a Bitcoin payments feature on Twitter, but no announcement had been made.
It’s undeniable that the success of Elon Musk’s Tesla and Twitter is essential in bringing about widespread acceptance of cryptocurrencies as a normal means of payment. Tesla, an electric vehicle manufacturer, disclosed its Bitcoin holdings on Wednesday, alongside its financial results for the second quarter. The company’s declared digital asset holdings of $184 million remain unchanged from a previous report.
Rumor Doing Rounds
Musk has previously alluded to the possibility of a Bitcoin payments feature on Twitter, but no announcement had been made.
Crypto enthusiasts heard rumors that Tesla has integrated support for Bitcoin and Dogecoin payments into the code for its website. In fact, it was reportedly discovered that Bitcoin and Dogecoin-related phrases were already included in the website’s underlying code.
Although it never came to fruition, the automaker’s website did add the ability to accept cryptocurrency payments on its page in January 2023. But this gives us reason to believe that the Bitcoin and Dogecoin payment mechanism on Tesla is not far off.
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Elon Musk’s frequent references to the memecoin in his tweets have made him well-known among the Dogecoin community. So, it’s probably safe to assume that Tesla and Twitter, among others, will support Dogecoin alongside Bitcoin in the first wave of cryptocurrencies.