Exploring what’s to come next week in the world of bitcoin as hopes of a Santa Claus Rally bringing BTC to $100K seem dim, and central banks around the world considering potentially banning crypto. Plus, Tesla CEO Elon Musk suggests dogecoin is better than bitcoin for payments, but is it true?
Dogecoin surged as much as 33% after Tesla CEO Elon Musk tweeted the electric-car maker would accept the cryptocurrency as payment for its merchandise. This comes as Tesla experimented with bitcoin earlier this year. “The Hash” team discusses Musk’s latest tweet moving the crypto markets in an ongoing testament to his influence.
Time Magazine has named Tesla and SpaceX CEO Elon Musk as “Person of the Year” for 2021, a year that saw his electric vehicle company become the world’s most valuable carmaker. “The Hash” panel discusses Musk’s influence on the crypto market and contributions to the wider society.