Serial technology entrepreneur Elon Musk today participated in the X Takeover podcast organized by Tesla Owners Silicon Valley account on Musk's X social media platform. Portions of this podcast have been reshared on the X platform by various members of the DOGE community.
In the podcast, Musk was asked questions about his current views on Bitcoin and his YouTube statements about Bitcoin two years ago. When asked about his current thoughts on Bitcoin, Elon Musk replied, “I think Bitcoin and maybe a few other cryptocurrencies are valuable.” The tech genius admitted that he has a special interest in dogs and cryptocurrencies for jokes, and stated that he has a soft spot for Dogecoin.
However, Musk made it clear that he did not intend to promote cryptocurrencies. He added that the most he can do is promote “jokingly” and that if you see a video of him pumping cryptocurrencies, it is a deepfake.
These statements may have been perceived as a “joking DOGE advertisement” by some Dogecoin community accounts; because they started sharing this quote with memes featuring scenes from the Lion King animated movie. As can be seen from the podcast, Tesla CEO maintains his interest in Dogecoin, but he has not shared much about it on the X platform lately. However, Tesla and SpaceX continue to accept payments in DOGE on their online stores, and Musk plans to launch the Moon mission DOGE-1 project.
During the last few years, when Musk frequently tweeted about the dog-themed cryptocurrency, these tweets caused significant increases in the price of DOGE. However, Musk's influence on the price of this cryptocurrency has decreased significantly over time. Last week, Elon Musk's X platform removed hashmojis for Bitcoin and other cryptocurrencies, so that these emojis do not appear when you add crypto hashtags.
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