Elon Musk Reveals Real Reason He Supports Dogecoin, Says Many People at Tesla and Spacex Own DOGE
upstart writes:
Tesla and Spacex CEO Elon Musk revealed Sunday the real reason he began supporting dogecoin. He noted that many people he talks to at both companies own the meme cryptocurrency.
Responding to a tweet by dogecoin holder Glauber Contessoto, who said the appeal for DOGE is real, referencing a survey that found about a third of U.S. crypto holders own the meme cryptocurrency, Musk wrote:
Lots of people I talked to on the production lines at Tesla or building rockets at Spacex own Doge. They aren't financial experts or Silicon Valley technologists. That's why I decided to support Doge - it felt like the people's crypto.
The Doge community welcomes Musk's comment and support. Most of us don't come from privileged backgrounds and honestly can't relate to the experts in Silicon Valley," Contessoto responded. We just want to believe in a crypto that represents us all. Dogecoin is the little guy personified in crypto which is why we love it. We appreciate your support, Elon."
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