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Will he use Dogecoin? Community believes Elon Musk intends to launch new social network after taking Twitter poll

March 30, 2022
Reading Time: 4 mins read
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Elon Musk by https://nicoleleon.design
What is Dogecoin?

Dogecoin is a cryptocurrency based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. Dogecoin is a Litecoin fork. Introduced as a "joke currency" on 6 December 2013, Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.

Musk asked his followers to vote conscientiously in the poll launched, with which he asked whether users considered that Twitter was a guarantor of freedom of expression. Many comments suggest that the tycoon would have intentions of acquiring the social network, or failing that, he would choose to launch one of his own.

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***

The controversial and controversial CEO of Tesla y SpaceX, Elon Musk, recently shared the results of a survey conducted through his Twitter account, in which he asked his followers if the social network a network refers to all nodes in the operation of a blockchain at any given moment in time. fully adheres to the principle of freedom of expression, this to their concerns about whether this respected the right of its users to express themselves freely.

While the question has been on the table for many users of the Twitter While it would not seem strange for Musk to ask this question openly, what caught the attention of several analysts and enthusiasts was the fact that the tycoon suggested the idea of creating a new platform a place to buy, sell and store cryptocurrency to address a place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers. such problems. This fact opened the ground for possible hypotheses such as the possibility that the Tesla CEO wants to become a shareholder or promote the creation of a new social network.

The results of the survey launched by Musk

La encuesta en cuestión creada por Musk hizo la siguiente pregunta:

“Freedom of speech is essential to a functioning democracy Do you think Twitter adheres rigorously to this principle?”

With a total of 2,035,924 votes, 70.4% of the participants stated that Twitter is not aligned with this premise. What’s interesting is that in a later message, Musk asked voters that the results of this vote could have a lot of importance going forward, so he invited those interested to voice their opinion very carefully.

Free speech is essential to a functioning democracy.

Do you believe Twitter rigorously adheres to this principle?

– Elon Musk (@elonmusk) March 25, 2022

Expectations about Musk’s future actions

While Musk has been known for being somewhat cryptic when it comes to expressing his intentions on the social network, several users raised the possibility that this would point to the possible purchase of shares of Twitter to gain a right of participation, or, failing that, that the tycoon would be behind the plans to launch a new platform that has another type of values with which he feels more comfortable.

The results of the survey resulted in more than 30,000 responses, most of which asked Musk to choose one of the aforementioned options. However, several participants went a little further, and even went so far as to propose that the tycoon link the project with Dogecoin, currency currency is a medium of exchange that defines value. to which it has reiterated its support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. on several occasions.

For example we have the response of youtuber Steven Steele, who wrote to him:“Una de las mejores cosas de Elon Musk, ya sea comprando Twitter o comenzando su propia plataforma, es que sabes que habría un bote de propinas de Dogecoin”. In response to this, Musk himself responded to the message showing his support for the proposal.

????

– Elon Musk (@elonmusk) March 27, 2022

Musk y Dogecoin Will they relate to each other in the future?

Para los entusiastas no es extraño pensar que un proyecto de este tipo impulsado por Musk tenga algún tipo de nexo con Dogecoin, currency with which the tycoon has a strong empathy and for which he has shown his support in social networks, which has directly influenced its price at very specific moments.

In the past Musk has made it clear that he feels especially attuned to Dogecoin because he considers it the “currency of the people”:

“Many of the people I’ve talked to on the production lines at Tesla or building rockets at SpaceX have Doge. They’re not financial experts or Silicon Valley technologists. That’s why I decided to back Doge: it seemed like the people’s crypto.”

The tycoon has also invited major corporations and franchises to consider Dogecoin as a payment option. An example of this was the message sent to the directors of McDonald’s, to whom he assured that he would be willing to eat a Happy Meal in a video if they would open the door to the iconic memecoin.

It is worth noting that Musk has also expressed his intention to support in the development of Dogecoin already at a more structural level. However, the core members and developers have very respectfully rejected such a proposal, precisely because they want the project to remain free of third party interests and to remain a fully decentralized decentralization refers to the property of a system in which nodes or actors work in concert in a distributed fashion to achieve a common goal. project.


  • Ukrainian government says it now also accepts Solana and Dogecoin and invites Elon Musk to donate
  • Elon Musk says he’ll eat a Happy Meal on TV if McDonald’s accepts Dogecoin
  • Elon Musk announces that Tesla now accepts Dogecoin to buy merchandise: price of coin a coin can refer to a cryptocurrency that can operate independently or to a single unit of such cryptocurrency. soars

Source: Zycrypto , Twitter

Version by Angel Di Matteo / DiarioBitcoin

Imagen de Nicole.Design para DiarioBitcoin

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