Another company of Elon Musk has started accepting payments in Dogecoin (DOGE)
Boring Company users will now be able to pay for trips via the Loop transport system in Las Vegas using the Dogecoin (DOGE) cryptocurrency
Loop from Boring Company is a public transport system that allows passengers on Tesla cars to get to their destination without intermediate stops. Cars are moving at a speed of 35 miles per hour, which is much lower than the previously conceived possibility of driving at a speed of 150 miles per hour. However, in the future, Musk plans to increase the speed limit of the vehicles used.
So far, trips using Loop are free, but it is planned to introduce payment in the near future. It is assumed that the cost of one-time trips will be at the level of $ 1.5, and daily travel tickets can be obtained for $ 2.5.
It is easy to pay for transportation services. Passengers will be able to purchase tickets by scanning a QR code on the wall of the new Resorts World station. Payments can be made using Dogecoin or credit cards.
This initiative is part of Musk's efforts to support the mass adoption of Dogecoin. Previously, he added such a payment option at Tesla and SpaceX.
Musk's support for DOGE played an important role in promoting the cryptocurrency, which appeared in 2013 as a joke. His series of tweets helped DOGE grow significantly and exceed $0.7.
Nevertheless, Musk's support for the meme coin caused a $258 billion lawsuit from the injured Dogecoin investor, who claims that the billionaire deliberately pumped a crypto asset operating under a pyramid scheme.
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