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As the debate about web3, Ethereum and decentralization intensified, Tesla and Spacex CEO Elon Musk explained why he supports Dogecoin.In the same conversation, former Twitter CEO Jack Dorsey insisted that he had no objectionEthereum“I oppose the lies of centralization, venture capital, single points of failure, and corporate control,” he emphasized.
Elon Musk shares why he is a professional governor
Elon Musk’s Governor’s explanation came when he and Dogecoin co-founder Billy Marcus joined a Twitter post about web3 and Ehtereum involving Jack Dorsey.Former Twitter CEO Raise concerns This week about web3 being owned by venture capitalists (VC).
Marcus wrote: “My goal is to build things, make money, and have fun. I have become accustomed to corporate institutions and have not really seen any meaningful breakthroughs ~ Bitcoin just empowers the new rich.” Musk Replied, “That’s why I am a professional governor.”
In the same post, Dorsey clarified: “I have no objectionEthereum. I oppose the lies of centralization, venture capital, single points of failure, and corporate control. If your goal is anti-establishment, I assure you it is not Ethereum. Don’t believe or believe me! Just look at the fundamentals. “
This week, Musk and Dorsey separately expressed their concerns about web3.Musk wrote on Twitter: “I am not implying that web3 is real-it now seems more like a marketing buzzword than reality.” Then he tweeted: “Has anyone seen web3? I’m looking for it. No.” At the beginning of December, he wrote, “Web3 sounds like bs.”
The Tesla boss is a strong supporter of the meme cryptocurrency Dogecoin. He is even called Dogefather in the crypto community. In addition to Bitcoin and Ethereum, he personally owns Dogecoin.
Musk, named Person of the Year by Time Magazine Person of the Year, Announced last week Tesla will accept DOGE payment.He sees Bitcoin as Store of value And DOGE as the best cryptocurrency for trading.
In October, Musk revealed another reason for his decision to support Dogecoin. “I’ve talked to many people on the Tesla production line, or built rockets in Doge under Spacex. They are not financial experts or Silicon Valley technologists. That’s why I decided to support Doge — it feels like people’s cryptocurrency ,”he explain.
What do you think of Musk’s Dogecoin comments and the debate on web3? Please let us know in the comments section below.
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