"Dogecoin Payments On X Hard To Roll Out": Coinbase Executive
Also Read: Buy Gold? Veteran Trader Calls To Buy Gold As Bitcoin Remains Under Pressure advertisement Speaking about the potential chances for the memecoin with the rebranding opportunity, popular crypto influencer Scott Melker mentioned Musk’s background as payments company PayPal’s cofounder. He wondered if X is all about payments as the everything app is all going to be about finances. Coinbase Research Head David Duong About Dogecoin Payments On X David Duong, the head of research at Coinbase, spoke in a Twitter spaces about the new developments at Twitter. He said the world of finance naturally connects everything because users have to pay for stuff. It makes sense if and when Dogecoin (DOGE) is the unit of account that allows payments on the platform and subsequently there could be a jump in Dogecoin price. However, he warned that it is a different question if Musk will implement the memecoin for payments on the X platform. He added th...