SpaceX to launch satellite funded by Dogecoin

[Chris]

SpaceX to launch satellite funded by Dogecoin

The rise of the cryptocurrency Dogecoin has reached a new level after the token was used to pay for a lunar satellite launch.

SpaceX, Elon Musk’s commercial rocket firm, will embark on a Moon voyage in 2022 carrying a so-called cubesat -- a mini-satellite used for space research -- from Geometric Energy Corp. that’s been paid for entirely in Dogecoin.

The development is just the latest twist in the saga over the digital token, which started as a joke in 2013 but is now a dominating Internet meme and sitting on a 21,000% rally in the past year.

Musk has been a key player in the drama, boosting the price with a succession of tweets in recent months.

[Bloomberg]

 

[|tera|]

Yep. He boosts it. Tanks it. Rinse and repeat. People hang on his lips.
No fanks.

 

[acidrain]

I'm curious to know what makes it secure, compared to other alternatives since there has been almost no interaction on the master branch for the last 5 years.



Here's bitcoin as a comparison

 

[Easter Bunny]

no wonder elon has been tweeting so much about doge. those weird nerds that worship him are sort of like his investors - they make him money in crypto and in return, instead of money, they get callouses on one hand.

 

[Ockie]

Why use Dogecoin instead of Bitcoin when Tesla is accepting Bitcoin?