by richard rosales

Dogecoin is better than Bitcoin, claims Elon Musk

Dogecoin is better than Bitcoin, claims Elon Musk

In a recent interview, Musk stated that the Dogecoin blockchain could handle more transactions than the...

Bitcoin network.

Additionally, he stated that DOGE had already acquired utility with Tesla and SpaceX.

It can also be used to pay for services at the Boring Company, which runs a subway in Las Vegas.

Musk stated DOGE transactions could take a minute. Bitcoin network transactions could take 10 minutes.

Dogecoin's scalability made it an efficient payment option.

Musk addressed the inflationary aspect of Dogecoin, which creates 5 billion coins a year.

It offered more long-term transactional value than Bitcoin, which had a 21 million-coin maximum.