The Tesla chief executive said his electric car company would start taking payment in the cryptocurrency “and see how it goes”. That could suggest that he is planning to accept the cryptocurrency in payments for cars. Tesla previously did so with bitcoin, but said earlier this year that it was reversing that decision amid fears over its environmental impact. Dogecoin rapidly jumped 25 per cent in the wake of Mr Musk’s tweet, announcing Tesla’s change of policy. It settled a little shortly after, and is now up 15 per cent at the time of publication. Do you think that Accepting Dogecoin as a mode of payment will have a big environmental impact ?

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