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Questions and Answers
What did Elon Musk announce about Tesla and Bitcoin?
What did Elon Musk announce about Tesla and Bitcoin?
- Tesla will exclusively use Bitcoin for all its financial transactions
- Tesla will accept payments in Bitcoin to support digital currency market
- Tesla will not accept payments in Bitcoin due to environmental concerns (correct)
- Tesla will start mining Bitcoin to increase its digital currency holdings
What did Elon Musk reveal about Dogecoin in his tweet?
What did Elon Musk reveal about Dogecoin in his tweet?
- He was criticizing Dogecoin for its lack of innovation
- He was planning to acquire Dogecoin to support its market value
- He was working with developers of Dogecoin to improve system transaction efficiency (correct)
- He was considering Dogecoin as a potential payment method for Tesla
What impact did Elon Musk's tweets have on the digital currency market?
What impact did Elon Musk's tweets have on the digital currency market?
- It had no significant impact on the digital currency market
- It demonstrated his influence by affecting digital currency market movements (correct)
- It led to an increase in the stability of the digital currency market
- It caused a complete crash of the digital currency market
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