Dogecoin for Vegas Loop, The Boring Co. Tunnels? Elon Musk Confirms Crypto Payment Support

Dogecoin and the Vegas Loop are coming together for their future use, and the new cryptocurrency payment system brings a new way to hail rides on the platform without needing to pay in dollars. Elon Musk confirmed this new venture online, and the tech CEO talked about how The Boring Company's current tunnel system would accept Doge and support it.

Musk is still one of the believers of Dogecoin in the current cryptocurrency landscape.

Elon Musk Confirms Dogecoin Support on Vegas Loop Payments

Elon Musk has done it again and is only showing his continued support for Dogecoin and the meme cryptocurrency's continued use in the present, where he confirmed a new venture for The Boring Company. Here, Musk confirmed the reports about Dogecoin's acceptance as a payment method for using the Vegas Loop.

Musk said that it is the way to continue supporting Dogecoin "whenever possible," and it is the first cryptocurrency that The Boring Company will accept on its tunnel system. Users may bring up their devices, scan the payment channels to use their Dogecoin holdings, and pay for their use of the existing Vegas Loop.

Dogecoin for Vegas Loop, The Boring Co. Tunnel Payments

According to a report from CNN (as mentioned by a Twitter user), Doge is now an accepted tender for the Vegas Loop's use as an underground transportation system from the company. It is not far from reality when other branches or locations of The Boring Co.'s tunnel system would also allow Dogecoin's use for payments in future projects.

Elon Musk and Dogecoin

You cannot talk about Dogecoin without the mention that one of its most avid supporters is the tech CEO and top billionaire of the world, Elon Musk. In the recent events in the cryptocurrency market, Dogecoin sees its return to the 10th spot and already beat other coins that previously surpassed the meme currency in the past.

Here, Musk revealed that he would continue his support of Dogecoin by buying it in the market and helping raise its valuation for all.

It is known that the Tesla CEO believes in "Dogecoin Supremacy," and here, he envisions that Doge will rise in the coming years among its stay in the market. He further said that Bitcoin is not suitable for transactional currency, but it is not the same for Dogecoin, something which shows how much he gives credit to the crypto coin.

Now, he adds additional support for Dogecoin, and it is through its use in the Vegas Loop from The Boring Company and its future with the tunnel system's payments. Users of the underground transportation system are to use online payments for this, and apart from transactions using debit or credit cards, Doge is among those that will get accepted for its use.

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Written by Isaiah Richard