Musk emphasizes that he will not promote any cryptocurrency, reminding investors to be wary of deepfake videos
PANews reported on July 29th, according to U.Today, Elon Musk participated in the X Takeover podcast of the Tesla Owners Silicon Valley Club. In this program, Musk acknowledged the advantages of Bitcoin and other cryptocurrencies but emphasized that he does not promote any cryptocurrency. He admitted his preference for Dogecoin due to his love for dogs and memes but insisted that any promotion was just a joke. He also warned that videos showing his support for cryptocurrencies could very likely be deepfake videos. Although Musk has not mentioned Dogecoin on Twitter recently, his companies Tesla and SpaceX still accept Dogecoin as payment for goods, and he plans to continue with the DOGE-1 moon mission.
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