Elon Musk is making a transfer on free speech.
- Musk Buys Free Speech
- Dogecoin Is Concerned For Some Cause
Musk Buys Free Speech
— DogeDesigner (@cb_doge) April 4, 2022
Elon Musk bought a 9.2% stake in Twitter, making him the largest shareholder in social media big. The transfer follows Musk’s very public complaints that free speech is being censored.
Again on March twenty fifth, Musk ran a Twitter poll asking, “Free speech is crucial to a functioning democracy. Do you consider Twitter rigorously adheres to this precept?”
Ominously Musk added, “The results of this ballot will likely be necessary. Please vote fastidiously.” 70% of self-selecting respondents answered, “No.” Surprisingly, nobody tweeted on the outcomes saying, “Most likely nothing.”
On the information, Dogecoin spiked as much as $0.155 USD, however has since fallen. DOGE is at the moment buying and selling $0.145 vary.
Dogecoin Is Concerned For Some Cause
Elon Musk shopping for free speech — or no matter his private definition of it’s — naturally raised the query: how is Dogecoin going to get entangled?
Musk is known for shoehorning in his love for the OG meme coin in every time he can. Most lately, he made Tesla merch purchasable by way of the proof-of-work coin. Its preliminary launch offered out in a short time.
Contemplating the Tesla CEO’s affinity for the canine coin, it’s no shock the worth skyrocketed on the information. That’s, it’s no shock individuals would take the information to take out some longs with out actually figuring out something about how Dogecoin is concerned in anyway form or kind.
Dogecoin was initially conceived as half joke/half tipping coin, however its present transaction speeds don’t actually translate nicely to an enormous platform like Twitter. Although, Dogecoin does have some plans to combine with Ethereum, which might open up speedy layer-2 prospects.
However once more, no concrete plans have been divulged by Musk.
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