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Elon Musk says he'll eat a Happy Meal on TV if McDonald's accepts dogecoin payments

Jan 26, 2022, 01:27 IST
Business Insider
Tesla CEO Elon Musk.Picture Alliance/Getty Images
  • Elon Musk on Tuesday appeared to urge McDonald's to accept dogecoin as payment.
  • The Tesla CEO said he'd eat a McDonald's Happy Meal on TV if the chain accepted the coin.
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Elon Musk on Tuesday appeared to urge McDonald's to accept dogecoin as payment, saying he'd eat a Happy Meal on TV if the chain did so.

Last week, Billy Markus, the cofounder of dogecoin, replied to a McDonald's tweet featuring a picture of fries, saying: "i want a fry." McDonald's then replied to Markus' tweet with a picture of a shiba inu, the mascot of dogecoin.

Musk, the CEO of Tesla and SpaceX, tweeted Tuesday: "I will eat a happy meal on tv if @McDonalds accepts Dogecoin."

McDonald's didn't immediately reply to Musk's tweet or respond to Insider's request for comment on the matter.

Responding to Markus' tweet last week, another user tweeted McDonald's: "If you guys accepted Dogecoin payments I would go more often." McDonald's replied: "We appreciate hearing your interest and continuously evaluate the payments experience."

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Musk is a longstanding advocate of dogecoin, and his tweets referencing the cryptocurrency often move the market. Before he posted his McDonald's tweet Tuesday, dogecoin was trading at about $0.135. Shortly after he tweeted, the coin was trading at about $0.14, a gain of nearly 4%.

Musk announced last month that Tesla would let customers buy some merchandise with dogecoin, including the company's Cyberquad for Kids and the Cyberwhistle.

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