Tesla CEO Elon Musk Reveals Why He's Pro Dogecoin Amid Debate Over Web3, Ethereum, Decentralization
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Tesla CEO Elon Musk Reveals Why He's Pro Dogecoin Amid Debate Over Web3, Ethereum, Decentralization

THELOGICALINDIAN - Tesla and Spacex CEO Elon Musk has explained why hes pro dogecoin as the agitation over web3 Ethereum and decentralization intensifies In the aforementioned chat above Twitter CEO Jack Dorsey insisted that he is not antiETH Im anticentralized VCowned distinct point of abortion and corporatecontrolled lies he stressed

Elon Musk Shares Why He’s Pro Doge

Elon Musk’s Doge account came as he and dogecoin co-creator Billy Markus abutting a Twitter cilia about web3 and Ehtereum involving Jack Dorsey. The above Twitter CEO raised concerns this anniversary about web3 actuality endemic by adventure capitalists (VCs).

Markus wrote: “My ambition is to body being and accomplish money and accept fun. I’m acclimated to the accumulated enactment and don’t absolutely see any allusive breach abroad from it ~ bitcoin aloof gives ability to new affluent people.” Musk replied, “That’s why I’m pro Doge.”

Tesla CEO Elon Musk Reveals Why He's Pro Dogecoin Amid Debate Over Web3, Ethereum, Decentralization

In the aforementioned thread, Dorsey clarified: “I’m not anti-ETH. I’m anti-centralized, VC-owned, distinct point of failure, and corporate-controlled lies. If your ambition is anti-establishment, I affiance you it isn’t Ethereum. Don’t accept or assurance me! Just attending at the fundamentals.”

Musk and Dorsey apart accurate apropos over web3 this week. Musk tweeted: “I’m not suggesting web3 is absolute – seems added business boiler than absoluteness appropriate now.” He again followed up with addition tweet: “Has anyone apparent web3? I can’t acquisition it.” In aboriginal December, he wrote, “Web3 sounds like bs.”

The Tesla bang-up is a huge adherent of the meme cryptocurrency dogecoin. He is alike accepted in the crypto association as the Dogefather. He alone owns dogecoin in accession to bitcoin and ether.

Musk, who has been called Time Magazine’s Person of the Year, appear aftermost anniversary that Tesla will accept DOGE for payments. He sees bitcoin as a store of value and DOGE as the best cryptocurrency for transactions.

In October, Musk appear a altered acumen why he absitively to abutment dogecoin. “Lots of bodies I talked to on the assembly curve at Tesla or architecture rockets at Spacex own Doge. They aren’t banking experts or Silicon Valley technologists. That’s why I absitively to abutment Doge — it acquainted like the people’s crypto,” he explained.

What do you anticipate about Musk’s dogecoin animadversion and the agitation over web3? Let us apperceive in the comments area below.

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