Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has stirred up the cryptocurrency community after commenting on the transaction capabilities of Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE) in a podcast interview with Lex Fridman.
What Happened: Musk touched on the two cryptocurrencies in his conversation with Fridman on Tuesday.
“Part of the reason why I think there’s some merit to Dogecoin even though it was obviously created as a joke is that it actually does have a much higher transaction volume capability than Bitcoin,” said Musk.
The entrepreneur’s comments attracted sharp responses on Twitter from adherents of the apex coin.
Bitcoin podcaster Peter McLasso said tweeted that Musk was “talking [sh*t] about Bitcoin” in the interview.