Back to Elon Musk x Nelk Boys | Ep. 53, with Elon Musk.
Why Does Elon Musk Support Doge?
Elon Musk says he mainly supports Doge because Doge has the memes and the dogs, has a sense of humor, and does not take itself too seriously. He says Doge was designed as a joke currency, but its transactional throughput is much higher than Bitcoin.
He also says 5 billion Doge created every year is good for using Doge as a transactional currency.