Billionaire Elon Musk’s Tesla is keeping Dogecoin (DOGE) as a payment option and removing source code that once enabled Bitcoin (BTC) payments.
According to blockchain report Colin Wu, the king of crypto and Dogecoin have been present in the electric car maker’s source code since January despite Tesla removing Bitcoin as a payment option in 2021.
“There were rumors in the community that Tesla added Bitcoin and Dogecoin to the source code of its checkout page. However, upon verification, it was found that Bitcoin and Dogecoin were already present in the source code as early as January 2023.
It appears that Tesla did not remove this code when it previously discontinued the option to pay with Bitcoin.”
However, upon examining the source code of Tesla’s payment page, Wu finds that Dogecoin has still been held back while the top crypto asset by market capitalization was removed.
“Currently, Tesla has removed ‘Bitcoin’ from its checkout page source code, but still retains ‘Dogecoin’.”
Last year, Musk announced that Tesla would accept Dogecoin as payment for its merchandise and has plans to accept the dog-themed token for its charging stations.
The business mogul also announced that one of his other companies, SpaceX, would also accept the memecoin as payment for merchandise.
Musk is currently the defendant in a class action lawsuit alleging that the billionaire engaged in insider trading and manipulated the price of Dogecoin for his own personal gain.
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Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investment in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are at your own risk, and any loss you may incur is your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and The Daily Hodl is not an investment adviser. Please note that The Daily Hodl is involved in affiliate marketing.
Featured Image: Shutterstock/Almujaddidi
