When a stand-up comedian gets entangled in his own wit and with each subsequent attempt at a point he delves deeper and deeper into incomprehensible blabbering, it is sometimes said that he has dug a hole: “dig and sticks,” to dig completely.
Elon Musk has been doing something like this lately on his Twitter. All the joking about dogecoin (“Dogecoin to heaven!”) And biting bitcoin was a lot of fun, until Musk sent a prize with a few well-targeted tweets. bitcoin in the parking lot of the seventh circle of hell and a few other fruits did not reveal to the world that crypt in fact, he doesn’t understand that much.
But now there was a real possibility that Elon would eventually find a colossal point in the hole.
In the world of cryptocurrencies, Elon Musk is simply beginning to appear as an obese elephant in a microscope slide factory.
Musk recently stopped paying with bitcoin for his new tesla because bitcoin has a colossal energy consumption. Musk overlooked the fact that his tesla itself ran on the same electricity, largely derived from fossil fuels. Many have pointed out that such an approach shows signs of hypocrisy.
Binance’s cryptobours boss, billionaire Changpeng Zhao, recently leaned against him with strong applause. “When you use electricity for your cars, it’s environmentally fine. When you use it to operate the most efficient financial networks in the world, it is an environmental threat, “he said.
However, it seems that Musk actually rejected bitcoin. And judging by other recent tweets, it seems that, in addition to its traditional fixation on the absurd recessive currency dogecoin, it is focusing on grabbing rival etherea.
It makes sense. If Musk bitcoin really refused because of how much no company under the Biden administration would have fallen under the Biden administration, ethereum would sound like an ideal Plan B.
In its 2.0 upgrade, Ethereum will transform the highly energy-intensive “proof of work” algorithm into an incomparably more environmentally friendly “proof of stake”, thus becoming an organic alternative to uneaten bitcoin.
In a recent tweet, Musk expressed support for Vitalik Buterin, co – founder of Ethereum and the youngest cryptomiliard on the planet. “I basically agree with Vitalik,” Musk tweeted interview, which Buterin provided in Lex Fridman’s podcast.
In it, Buterin suggested that “if the doge somehow got under the ethereum and people could perform thousands of operations on it in a second, it would be great.” Thus, he responded to the question of whether dogecoin could ever get bitcoin on his shoulders.
At the same time, Buterin spoke of the connection between dogecoin and ether. which sounds a little shot, but on the other hand, it might not be a bad idea at all.
Elon Musk likes this.
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