Elon Musk Talked About Bitcoin (BTC) and Dogecoin (DOGE)!

Tesla CEO Elon Musk, renowned for his affinity towards Dogecoin, participated in the X Takeover podcast hosted by the Tesla Owners Silicon Valley account on .

Musk, who shared insights on Bitcoin (BTC), Dogecoin (DOGE), and the broader crypto market, fielded a query regarding his current stance on Bitcoin.

Approaching the question uniquely, Musk expressed a positive view of the intrinsic value of BTC, DOGE, and other cryptocurrencies. However, he emphasized his intention to refrain from promoting any specific digital assets.

Acknowledging his fondness for dogs and memes, Musk confessed his affection for Dogecoin.

Nevertheless, the esteemed billionaire cautioned against the existence of deepfake videos purporting his endorsement of DOGE or cryptocurrencies, stating:

"I think there is value in Bitcoin and maybe other cryptocurrencies, and I have a soft spot for Dogecoin because I love dogs and memes, but I have no intention of promoting any crypto.
I will not promote a cryptocurrency, mostly as a joke. If you see me pumping crypto, that's not me. "

Despite Elon Musk's declaration of support for Dogecoin, his companies Tesla and SpaceX continue to accept DOGE as payment for merchandise.

*Please note that this information should not be construed as financial advice.