Elon Musk’s Secret Role in Dogecoin Development Revealed
You may already know that billionaire Elon Musk has been a vocal supporter of Dogecoin, but it turns out his involvement in the altcoin goes much deeper than just expressing support on social media. A recent report from the Wall Street Journal has uncovered leaked pages from Musk’s upcoming biography that shed light on his behind-the-scenes role in the development of Dogecoin.
According to the leaked pages, Musk had the idea of creating a social media platform where users would pay to be verified. This idea evolved into a proposal from Musk’s brother to build a new social media platform incorporating these ideas. Musk became excited about the concept and suggested that the platform should also have a payment system using Dogecoin.
This revelation shows that Musk had been quietly funding the development of Dogecoin and had a much more significant involvement with the coin than previously known. It’s not surprising considering Musk’s interest in blockchain technology and his recent acquisition of Twitter, now rebranded as X, with the intention of implementing his original vision.
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