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The Director of research at Ark Invest tweeted something about bitcoin miners to which Elon Musk responded with a DOGE video
CEO of top-tier companies like Tesla, SpaceX, etc., and multi-billionaire Elon Musk shared a video containing a meme about DOGE. This should not be taken as a surprise as Musk himself is a big fan of the meme coin and proponent of crypto in general.
The video that Tesla CEO shared was in response to a tweet by the Director of Research at Ark Invest, Brett Winton which is an asset management company. Brett tweeted about mining in general in a conversation story format.
Brett Winton posted on Twitter a joke, featuring a short conversation between two people, of which one is who understands bitcoin and its mining while the other is someone who does not know anything about crypto, it’s mining and not even that miners are actually hardware. Two characters were portrayed as a mother who’s ignorant about crypto, an old school person who neither knows nor understands crypto and its working, and not even miners that are not people but microchips instead. The other one is a young kid who is known for crypto and its mining and trying to teach her mother about them.
In response to this post, Elon Musk posted a video in response about Dogecoin stating that it ‘explains everything’. Details of the video featured the symbol of DOGE, a Shiba Inu breed dog, who’s riding a rocket allowing it to leave bitcoin and other major cryptocurrencies behind in terms of market cap. In the video, the featuring DOGE price surges in it and goes up to the moon.
In the video, there were some microchips showcasing the mining through a proof-of-work algorithm that was used for Dogecoin, Bitcoin, Litecoin, and other first-generation coins and their next-gen coins.
Co-founder of Dogecoin, Billy Markus joined the ongoing discussion calling the video the best cryptocurrency video in history. Brenton himself responded on the meme video that was posted by Musk that it is too beyond the understanding of the person mentioned in the root tweet. Additionally, he added that his five-year-old child is already urging him to set up a Coinbase account.
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Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
