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Elon Musk is the Dogefather, but is the Twitter CEO moving away from cryptocurrency?

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Dogefather: That’s how some crypto enthusiasts usually call Elon Musk, plus a2021 outlook on SNL. “Alias” clearly relates to: Dogecoin cryptocurrencyThe one that the Twitter CEO has repeatedly “forced” over the years, and that has captured the attention of the industry in general.

But now, as reported by Wccftech Jane Manchun Wong on Twitterlooks like an entrepreneur Apart from Dogecoins from the Twitter crypto project. More precisely, the question arises from some possible innovations of the social network twitter available in Twitter’s Web interface.

About everything Twitter Coins projectshould allow users to support creators working on the platform using cryptocurrencies. However, the point pointed out by the first concrete indications of the project is that at least on the Web front, transactions should take place via Stripe.

This means that Dogecoins would be out of the game in this content. In short, there are those who see Musk’s cryptocurrency as a possible “movement” at a time that is not very positive for the crypto industry. Also, there is a lawsuit filed by investors in Dogecoin that references a so-called “pyramid scheme” that may have caused “limited” interest from the Twitter CEO.

However, it should be noted that apart from sudden changes, SpaceX’s DOGE-1 mission It should happen from March 2023, even if the latter represents the entrepreneur’s final “approval” to the cryptocurrency.

Source: Every Eye

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