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Popular meme currency Dogecoin receives support from its most influential supporter Tesla CEO Elon Musk who again did something similar.
Tesla and SpaceX CEO and multi billionaire Elon Musk have again shown his interest in Dogecoin, this time it came in support for ‘web69’ of Dogecoin. This all started when a Dogecoin user in his recent tweet referring to Twitter co-founder stated that if Jack and bitcoin are coming together to create web5, then popular meme currency Dogecoin could create web69.
Since it mentioned former Twitter CEO and Block (SQ) founder Jack Dorsey, he took this tweet under his attention and while tagging Elon Musk replied to it saying ‘your move’, implying Elon Musk could initiate something like Dogecoin’s web69. Then Tesla CEO responded to the tweet with a fire emoji, while stating his views regarding web69 or that is boasting as decentralized web on Dogecoin.
All this indicates to go well along with Billy Markus, founder of meme currency Dogecoin who is also known by his pseudonym identity, Shibetoshi Nakamoto. Markus was the one who himself first tweeted a joke about web69, while saying he only wanted to hang out on web69.
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A twitter user with username WSB chairman tweeted calling out Markus as a peasant that he is still on web69, while he is on web420. On his tweet Markus responded saying that web420 and web69 are similar while all other webs are just puff.
However, talking about standpoints of Tesla CEO Elon Musk and former Twitter CEO Jack Dorsey, both have similar tendencies in case of their dislike for the concept of web 3.0. Moreover, Elon Musk being outspoken about almost every other likes and dislikes has seen many times to bash web3 technology whenever he gets an opportunity.
While former Twitter CEO Jack Dorsey has chosen a more practical way following his dislike for Web3, offering its alternative as according to him web3 proved out to be troublesome as it was before Web2. Doresy thought that Web5 would be better as it’s a merging of web2 and web3 and endorsed the concept. On top of that, Web5 has its monetary layer that will be built on top of the cryptocurrency bitcoin’s blockchain.
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.
