McDonald's responds to Elon Musk's crypto proposal

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McDonald's responds to Elon Musk's crypto proposal
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After Elon Musk offered to eat a Happy Meal on TV if McDonald's started accepting Dogecoin, the fast-food chain responded with its own offer.

McDonald’s tweeted a response to the Tesla CEO that said it would only start accepting Dogecoin if "Tesla accepts grimacecoin."While several crypto coins have been minted in the last day with names similar to grimacecoin, McDonald’s has not announced any intentions to launch an official coin itself.

McDonald's response is likely a tongue-in-cheek response to Musk's offer, but several businesses have started accepting cryptocurrencies for payment. These businesses include AMC, Visa, Paypal and Amazon's Whole Foods. This is not the first time Musk has publicly supported Dogecoin. The cryptocurrency was originally created as a meme coin and was intended to be a joke. The coin picked up steam, however, and has increased and decreased in value over the past year.Prior to Musk’s Happy Meal announcement, Dogecoin was trading at about $0.13. Since then, it has risen to about $0.15.

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