"Elon Musk Biography" Reveals: Musk Has Been Secretly Funding Dogecoin (DOGE)

share
"Elon Musk Biography" Reveals: Musk Has Been Secretly Funding Dogecoin (DOGE)

The Wall Street Journal recently revealed the content of "The Musk Biography," which also mentioned the secret behind Musk and Dogecoin (DOGE): Musk has been funding the development of Dogecoin. ("The Musk Biography" Chinese version will be released on 9/27: No restrictions on full disclosure, acquisition of Twitter insider information)

Is Musk Funding Dogecoin (DOGE) Development?

According to "The Musk Factor," on the second day after Musk became a board member of Twitter, he discussed matters with the co-founder of PayPal regarding Twitter's stance on free speech and the revival of x.com's ambitions.

Background: The real purpose of Twitter's payment feature is not crypto! Musk: Creators will have ad revenue sharing, the return of X.com

Musk's brother, Kimbal Musk, told Musk the next day that it would be nice to create a new blockchain-based social media platform.

Musk was interested in the idea at the time, even joking that they could create a Dogecoin DOGE payment system.

The Wall Street Journal reported that Dogecoin (DOGE), a semi-joking cryptocurrency, has been continuously funded by Musk.

At the time, Musk also suggested to his brother the idea of creating a system that could be used for payments and as a blockchain social media platform like Twitter.

Although The Wall Street Journal mentioned Musk's ongoing funding for Dogecoin development, Musk has publicly denied any ties to the Dogecoin Foundation in the past:

Emphasizing no affiliation with the Dogecoin Foundation