Famous billionaire Elon Musk discussed the viability of Dogecoin as a currency in light of AMC news. Elon Musk says it’s “super important” that Dogecoin fees drop.
Elon Musk discusses Dogecoin’s viability as a currency
Tesla CEO Elon Musk recently emphasized the importance of lowering Dogecoin transaction fees. The billionaire believes that such an improvement is necessary for the Bitcoin parody to function as a viable means of payment. Elon Musk’s latest tweet comes after AMC CEO Adam Aron confirmed that the movie giant will begin accepting Dogecoin. The head of America’s largest cinema chain is also on track to add support for Bitcoin and some major altcoins by the end of the year.
Adam Aron seems excited that Elon Musk liked the Dogecoin Twitter poll. He congratulated the billionaire on his success with Tesla and SpaceX. Dogecoin’s price rally has also spurred development activities within the community. Co-founder Billy Markus is now urging node operators to update to Dogecoin Core 1.14.4 so low fees will be accepted by default. Released in late August, the upgrade includes notable performance improvements as well as some bug fixes. Elon Musk shared the following in his latest tweet:
It’s crucial that Doge fees drop to make things like buying movies viable.
Elon Musk describes Dogecoin Core version 1.14.4 as “important”
Elon Musk called Dogecoin Core version 1.14.4 “important”. In mid-May, the famous entrepreneur claimed that the meme coin would help speed up block production and lower transaction fees against Bitcoin.
cryptocoin.com As we have previously reported, Elon Musk personally holds Bitcoin, Ether and of course Dogecoin. After Elon Musk’s tweet, the cryptocurrency started to rise and gained 15 percent.
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