Posted 1/16/2024, 1:45:04 PM
Musk Still Owns Dogecoin, Aims to Make it 'Currency of Earth' While Transforming X into 'Everything App' to Rival PayPal and Spur Crypto Adoption
- Elon Musk revealed he still owns a "bunch" of dogecoin while SpaceX holds bitcoin; Musk wants to make dogecoin "the currency of Earth"
- Musk's social media platform X continues working towards offering payments and financial services to "revolutionize 2024"
- X received another money-transmitter license, now having 15 state approvals for its payments plans to compete with PayPal, Visa, and banks
- X reiterated plans to "unlock more user utility and new opportunities for commerce" with peer-to-peer payments
- Musk wants to transform X into an "everything app" and previously called it an "updated version of PayPal" to spur more crypto adoption