Elon Musk Teases Crypto Asset for Mars, Pumps Dogecoin in Holiday Tweetstorm

Tesla chief executive Elon Musk is toying with the possibility of using crypto assets to power a future economy on Mars.

Responding to a discussion started by artificial intelligence researcher Lex Fridman, the head of the electric vehicle company offers a straightforward answer when asked whether the Martian economy will run on crypto.

“Yes.”

Musk’s latest crypto tweetstorm also involves a holiday greeting with an accompanying image of a woman wearing a pair of Dogecoin (DOGE) shorts.

Last week, Musk sent the crypto asset surging 20% after praising the dog-themed cryptocurrency in a tweet.

“One word: Doge.”

Back in July, Musk shared a tweet suggesting that Dogecoin could take over the global economy and become a reserve currency.

“It is inevitable.”

Following the tweet, Dogecoin soared nearly 20%.

Musk recently caught the attention of MicroStrategy CEO Michael Saylor, as well, after posting a provocative meme about the strength required to stay productive and ignore the leading cryptocurrency.

The chief executive of the business intelligence company took the chance to pitch BTC to the tech pioneer.

“If you want to do your shareholders a $100 billion favor, convert the TSLA balance sheet from USD to BTC. Other firms on the S&P 500 would follow your lead and in time it would grow to become a $1 trillion favor.”

 

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