Elon Musk, a prominent supporter of Dogecoin, stated in an interview with Ark Funds CEO Cathie Wood that he doesn't spend much time thinking about cryptocurrency. Musk was asked about Bitcoin, which he discussed less than other topics. Cathie Wood emphasized the importance of rules-based cryptocurrencies like Bitcoin. Musk's comments are significant as Tesla Inc. previously added Bitcoin to its balance sheet, a move that validated the cryptocurrency. Musk also mentioned that X has obtained financial payment licenses in over half the states, with a goal to secure all states by mid-2024.