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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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Elon Musk Reveals Real Reason He Supports Dogecoin, Says Many People at Tesla and Spacex Own DOGE

Elon Musk Reveals Real Reason He Supports Dogecoin, Says Many People at Tesla and Spacex Own DOGE

Elon Musk has revealed the real reason he supports the meme cryptocurrency dogecoin. He shared that a lot of people he talks to at his companies, Tesla and Spacex, own dogecoin, noting that “it felt like the people’s crypto.”

Lots of People Elon Musk Talks to at Spacex and Tesla Own Dogecoin

Tesla and Spacex CEO Elon Musk revealed Sunday the real reason he began supporting dogecoin. He noted that many people he talks to at both companies own the meme cryptocurrency.

Responding to a tweet by dogecoin holder Glauber Contessoto, who said the appeal for DOGE is real, referencing a survey that found about a third of U.S. crypto holders own the meme cryptocurrency, Musk wrote:

Lots of people I talked to on the production lines at Tesla or building rockets at Spacex own Doge. They aren’t financial experts or Silicon Valley technologists. That’s why I decided to support Doge — it felt like the people’s crypto.

The Doge community welcomes Musk’s comment and support. “Most of us don’t come from privileged backgrounds and honestly can’t relate to the experts in Silicon Valley,” Contessoto responded. “We just want to believe in a crypto that represents us all. Dogecoin is the little guy personified in crypto which is why we love it. We appreciate your support, Elon.”

A survey by price comparison portal Finder shows that more people in the U.S. own dogecoin than in any other country. The survey states:

Dogecoin sees its highest adoption in the United States with 30.6% of crypto owners saying they own dogecoin. This is 1.6 times the global average adoption rate of 19.2%.

At the time of writing, the price of dogecoin is up 11.31% over the past week, with DOGE sitting at $0.2664 based on data from Bitcoin.com Markets.

Musk previously said he personally owns three cryptocurrencies: bitcoin, ether, and dogecoin. On Sunday, he tweeted several important dogecoin improvements and confirmed that he does not own any shiba inu tokens. In August, the Tesla boss agreed with the Shark Tank star Mark Cuban that dogecoin is the “strongest” crypto for payments.

What do you think about Elon Musk’s comments about dogecoin? Let us know in the comments section below.

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