BTC-Newswire

Leaked Page From Elon Musk’s Biography Reveals Deep Involvement With Dogecoin

Press Releases Crypto News Bitcoinist Leaked Page From Elon Musk’s Biography Reveals Deep Involvement With Dogecoin

Billionaire Elon Musk has never been shy about his love for Dogecoin. His continued support expressed through the X (formerly Twitter) platform was largely behind the meme coin’s impressive growth spurt back in 2021, causing it to surge over 26,000%. But it seems the billionaire’s involvement in the altcoin goes even deeper than expressing support on social media.

Leaked Pages Reveal Involvement In Dogecoin Development

A recent report from the Wall Street Journal has revealed that Elon Musk was involved with Dogecoin on a much deeper level than the community realized. The WSJ report contained a picture of a page of the billionaire’s upcoming biography that talked about his behind-the-scenes involvement in the meme coin.

The page delves into Musk’s idea of wanting a social media platform where users would pay to be verified. This evolved over time to Musk’s brother Kimbal suggesting that a new social media platform be built with the ideas that the billionaire had put forward.

At this junction, Musk reportedly became excited at the idea of such a platform. According to him, the social media platform would carry the ability for users to send money to each other, as well as creators being paid for things like stories, music, and videos.

Musk then mentioned that “it could have a payment system using Dogecoin, the semi-serious cryptocurrency whose development he had been quietly funding.” This line from the book reveals that the billionaire had been involved with the coin behind the scenes, at a level much deeper than a couple of tweets or memes.

Leaked page shows deeper involvement with DOGE | Source: Wu Blockchain on X

While the page also shows that the crypto-friendly billionaire had wanted to work on “a blockchain social media system that does both payments and short text messages like Twitter,” Musk had gone on to purchase Twitter for a staggering $44 billion. He has since rebranded th

Go to Source to See Full Article
Author: Best Owie

Did you like this?
Tip BTC Newswire with Cryptocurrency