When it already seemed that Elon Musk would not speak of a cryptocurrency again due to the criticism and warnings received, the recently named Person of the Year 2021 again mentioned Dogecoin that quickly rose in price despite the bear market of recent weeks.
In the framework of an interview granted to Time magazine by virtue of his appointment precisely by that popular newsweekly, the owner of Tesla and SpaceX mentioned that the puppy's coin that was born as a joke is superior to Bitcoin in terms of its profile transactional, faster and less expensive than the mother of all cryptocurrencies.
In his statements, Musk assures that bitcoin is probably more suitable to use as a store of value since by definition it is not inflationary, which is Dogecoin, so people prefer to store bitcoin, but also quickly spend the Doge.
Recall that bitcoin has a maximum issuance of 21 million tokens while Doge has an infinite supply.
As generally happens with several of his statements, some contradictions are noted in these comments, the main one being that, according to Musk, bitcoin is not an ideal currency to carry out transactions, however, his company accepts payment in that currency for the acquisition of his vehicles. electrical
Statements of this type are luxuries that the richest person in the world can give himself and now, in addition, declared the personality of the year 2021 for Time magazine.
To all this, the Dogecoin is one of the coins with the highest performance in the year, there is no doubt that it was driven by the explicit endorsement of this man whom the same magazine declares as a genius, showman, intrepid, visionary and clown.