Blockchain News

Elon Musk Maintains Push for Dogecoin ($DOGE) to Be Accepted at McDonald’s

Elon Musk, CEO of Tesla, Space X, and Twitter, has maintained his push for McDonald’s to accept the meme-inspired cryptocurrency Dogecoin ($DOGE) as a payment method, despite previously pressuring the fast-food giant to do so.

In response to a tweet from McDonald’s official account, which had been inactive for a few months, a user asked Musk if his offer to eat a Happy Meal on TV if the fast-food chain accepts $DOGE as a payment method was still valid, to which Musk replied positively.

Elon Musk’s initial offer to McDonald’s came following a cryptocurrency market sell-off, which saw McDonald’s tease the cryptocurrency community with a tweet asking people who run crypto Twitter accounts how they were doing following the sell-off.

Musk is a well-known supporter of Dogecoin. In late 2021, Tesla began accepting DOGE payments on its website, allowing specific products such as its “cyber-whistle.” Musk has also hinted that SpaceX may begin accepting DOGE payments soon.

Tesla notes on its Dogecoin support page that customers who send the incorrect amount of DOGE to its address may have their orders canceled and that if an order is overpaid in the cryptocurrency, the “overpayment amount will not be refunded to the original form of payment.”

Tesla “cannot accept payments from multiple wallets for a single order,” according to the page, and orders “placed using Dogecoin as the payment method can no longer be canceled.”

According to CryptoGlobe, Musk has suggested that Twitter 2.0 will support payments but has not specified how this support will be provided.

Dogecoin was created as a joke in 2013. The cryptocurrency community is well-known for undertaking philanthropic projects such as assisting charitable organizations. It made headlines in 2014 after raising over $25,000 in DOGE to allow the Jamaican bobsleigh team to compete in the Winter Olympics in Sochi.


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