Why Elon Musk Likes Dogecoin

Spencer Bogart, general partner at Blockchain Capital, calls Dogecoin a "meme coin" and says Tesla Inc's CEO Elon Musk likes it because "he likes jokes." He also discusses Ethereum's 1,500% rally in the past year and where cryptocurrencies are heading. Bogart speaks to Emily Chang on "Bloomberg Technology."

The segment aired on May 4, 2021.