23:27 GMT18 April 2021
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    The eccentric billionaire has been promoting the cryptocurrency over the past few months, as Bitcoin reached its top value. Tesla earlier purchased $1.5 billion worth of the cryptocurrency, while its owner named it "One Coin to Rule Them All", referencing the "Lord of the Rings" saga.

    Tesla founder Elon Musk on Wednesday announced that an electric car made by his company can now be bought with the world's most popular cryptocurrency.

    Netizens rushed to comment on the post, with some praising Musk's decision, while others joked about the announcement, or simply posted memes, reminding him about dogecoin and other cryptocurrencies.

    Earlier this month, bitcoin rose above $60,000, setting a new trade record. Overall, the currency has gained over 700 percent in value since January 2020.

    Tags:
    Bitcoin, bitcoin, Bitcoin, bitcoin, bitcoin, Tesla Motors, Tesla, Tesla, Elon Musk
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