Shark Tank star Mark Cuban and Tesla CEO Elon Musk see dogecoin being the “strongest” cryptocurrency as it relates to being a means of payment. To support the usage of dogecoin further, the Dallas Mavericks will be giving “special pricing for people who pay using dogecoin.”
Spacex and Tesla CEO Elon Musk and Mark Cuban, the owner of the Dallas Mavericks, have both supported their belief that the cryptocurrency dogecoin is currently the “strongest” crypto when it comes to buying things.
Cuban supported DOGE during an interview recently with CNBC. Stressing that dogecoin is “a medium that you can use for the buying goods and services,” he said:
“The doge community is the strongest when it comes to using it as a means of exchange.”
Replying to Cuban’s dogecoin comment, Musk, who is sometimes called the Dogefather, said via twitter: “I have been telling people this for a while.”
In July, Musk doubled down on his support for dogecoin by changing his profile photo to be an image of the Shiba Inu dog that is on the Doge coin logo. The Tesla CEO recently confirmed he does own and will not sell his personal dogecoin. His son, also owns DOGE. Moreover, Musk has also been supporting Doge improvements.
Cuban’s Mavericks started allowing dogecoin back in March. Since then, the Shark Tank TV star has revealed that “great sales” have been made using DOGE. He even urged Ellen Degeneres to accept it at her store.
To encourage dogecoin as payments even more, Cuban tweeted last week that the Mavericks will have a special announcement concerning dogecoin. He said it was “a summer merch sale with special prices for people who pay using dogecoin.”
Some people disagree with Musk and Cuban about the merits of dogecoin, emphasizing that the crypto has an infinite supply. However, this argument did not lower Cuban’s enthusiasm for Doge.
Another Shark Tank star, Kevin O’Leary, is among those people who are not so keen on the cryptocurrency. He recently reported he would not invest into dogecoin. “I don’t understand why anyone would,” O’Leary said. “When you speculate with something such as dogecoin, that’s no better than going to Las Vegas. It’s just speculation.”
Author: Scott Dowdy