Home Tech Elon Musk Reveals Why He Prefers Dogecoin to Bitcoin or Ethereum

Elon Musk Reveals Why He Prefers Dogecoin to Bitcoin or Ethereum

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Elon Musk Reveals Why He Prefers Dogecoin to Bitcoin or Ethereum

Published:

23 DIC 2021 23:36 GMT

The Tesla and SpaceX founder responded to a comment thread in which users accused former Twitter boss Jack Dorsey of criticizing Web3 because it is based on Ethereum and not Bitcoin.

Tesla and SpaceX CEO Elon Musk made it clear on Wednesday why he has a predilection for the cryptocurrency Dogecoin, which he has supported on multiple occasions.

This week, former Twitter CEO Jack Dorsey sparked a controversy on the social network after criticizing Web3 or Web 3.0 – the idea of ​​a new generation of the Internet as opposed to the decentralization of information, claiming that Which in its essence is “A.” also represents Centralized unit with a separate label,

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In move In the comments, users accused Dorsey of bias, as Web3 is based on Ethereum and not Bitcoin, which he received Recent endorsement of former Twitter boss. For his part, Dorsey assured that he has nothing against Ethereum, although he opposes centralized systems controlled by “corporate lies.”

“I mean my goal is to build things, make money and have fun. I am used to the corporate establishment and I do not see any significant departure from it. Bitcoin only Nouveau Empowers the RichDogecoin creator Shibetoshi Nakamoto intervened.

,that’s why i support dogeMusk replied quickly.

In a parallel response, Dorsey said that it is indeed possible to break away from the corporate establishment thanks to bitcoin. “No rich person or institution has more power over bitcoin than anyone else. There have been attempts in the past but they have failed,” Dorsey said.

A combination of this comment, one Internet user recalled that, although no one can exercise power over bitcoin, “a Elon’s Tweet Will Drop Them,

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