Elon Musk Urges McDonald’s to Accept Dogecoin for Payment

The Wall Street Journal2022-01-26

Tesla CEO says he would eat a Happy Meal on TV if the fast-food giant accepts the cryptocurrency, following McDonald’s tweet commenting on crypto selloffElon Musk has repeatedly touted dogecoin, ...

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He has repeatedly touted dogecoin, including earlier this month when he said Tesla would accept the cryptocurrency for payment for some merchandise.McDonald’s later tweeted “only if @Tesla accepts grimacecoin,” in reference to the purple character featured in some of the fast-food company’s advertising campaigns. Tesla didn’t respond to a request for comment.Mr. Musk’s tweet came after cryptocurrency prices—including dogecoin—have fallen sharply in recent days. The selloff prompted McDonald’s to tweet on Monday: “how are you doing people who run crypto twitter accounts.”Dogecoin, initially started as a joke in 2013, is currently in the top 10 by market value for cryptocurrencies, according to CoinMarketCap. 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