Tesla CEO Elon Musk reveals why he is per dogecoin in the middle of the debate about Web3, Ethereum, decentralization-

Elon Musk, CEO of Tesla and SpaceX, explained why he is a pro-dogecoin while the debate about Web3, Ethereum and decentralization is intensifying. In the same conversation, the former Twitter CEO Jack Dorsey insisted that he did not get against eth . "I am anti-central, owned by VC, Single Point of Failure and group-controlled lies," he emphasized.

Elon Musk tells why he is per doge

Elon Musk's declaration of Doge came when he and the Dogecoin Mitschöfer Billy Markus joined a Twitter thread on web3 and married. The former Twitter CEO Bitcoin.com/jack-dorsey-elon-raise-concerns-web3-skepticism-achorship-grows/" noopener "> keep in mind that web3 in the possession of risk capital providers (Vcs) is.

Markus wrote: "My goal is to build things, to make money and have fun. I am used to the company establishment and see no real break with it - Bitcoin only gives new people." Moschus replied , "That's why I'm per doge."

In the same thread, Dorsey made it clear: "I am not against eth . Controlled lies.

Musk and Dorsey have expressed concerns about Web3 this week. Musk tweeted: "I don't say that web3 is real-at the moment it seems more marketing buzzword to be a reality." Then another tweet followed: "Has anyone seen Web3? I can't find it." At the beginning of December he wrote , "Web3 sounds like bs."

The Tesla boss is a great supporter of Meme cryptocurrency Dogecoin. He is even known as a Dogefather in the crypto community. In addition to Bitcoin and Ether, he personally also has Dogecoin.

Musk, which was appointed the Time Magazine Year , announced last week that Tesla will accept doge for payments. He sees Bitcoin as Cryptocurrency for transactions.

in October Musk revealed another reason why he decided to support Dogecoin. "I spoke to many people at the production lines at Tesla or in rocket construction at SpaceX of their own. They are not financial experts or technologists from Silicon Valley. So I decided to support Doge - it felt like the crypto of the people", he explained .

What do you think of Musk's Dogecoin comment and the debate about Web3? Let us know in the comment area below.

Kevin Helms

Kevin, a student of Austrian economics, found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the interface between economy and cryptography.

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