Elon Musk Laughs At Another Bitcoin-DOGE Meme As Dogecoin Remains Among Top 10 Coins
Peculiar crypto lover Elon Musk appreciates another meme that features DOGE and Bitcoin, laughing at Dogecoin remaining on the top 10 list
Tesla and SpaceX CEO Elon Musk has again shared his somewhat sarcastic view of Bitcoin, believing that the meme coin DOGE could be a worthy rival to it.
DOGE is still a top 10 coin; Bitcoin is not happy
Twitter user “Sir Doge of the Coin” has published a meme that features Bitcoin, DOGE and the rest of the top 10 crypto asset list.
The meme shows a Bitcoin-character facepalming upon realizing that Dogecoin is still in the top 10 list of digital assets.
Musk responded with a “rofl” emoji.
🤣 — Elon Musk (@elonmusk) July 13, 2021
Earlier today, Musk published a tweet, joking that Tesla should add a feature that would enable it to render a Dogecoin every time it sees a Shiba Inu dog.
DOGE-loving Musk books a ticket to space on Richard Bradson’s rocket ship
Despite his love for joke cryptocurrency Dogecoin, Elon Musk seems to be the only crypto fan who will be visiting space in the near future.
The Tesla CEO, who favors Dogecoin and thinks Bitcoin is inferior due to environmental issues (though both coins are mined using the high-energy-consuming proof of work [PoW] algorithm), has booked a ticket to space on Richard Branson’s rocket ship.
Musk has paid a deposit of $10,000 for a ticket worth $250,000. He was one of 600 people to book tickets, along with such celebrities as Tom Hanks and Lady Gaga.
On Sunday, July 11, 70-year-old Branson was the first billionaire to fly to space in a trial flight of his Virgin Galactic spaceship.
He accomplished the feat before the planned space flight of former Amazon CEO Jeff Bezos, the world’s richest man.
However, Jeff Bezos refused to acknowledge Branson’s flight as one that actually reached space. Branson’s ship went as high as 88 kilometers above the surface of the Earth.
Bezos' team pointed out that, for 96 percent of the world’s population, the boundary with space starts at 100 kilometers high—at the Karman line. This is as high as Bezos, on his New Shepard vertical-takeoff space vehicle—and his guests—plan to fly.
“Being a Billionaire Is a Lot Harder Than It Looks”: Jeff Bezos and Elon Musk Want to Burn Their Cash in Space
A few years ago a tech luminary in Silicon Valley told me about a very serious predicament that at the time only affected around 2,000 people on the entire planet. If you were one of those fateful few, he told me, it was a difficulty that would keep you up at night, staring at the ceiling with worry and constant anxiety. What was this insurmountable challenge? This Gordian knot? This unfortunate predicament only a few poor souls had to contend with? The challenge of being a billionaire, of course.
“Just think about it,” the luminary told me. “It’s nearly impossible to spend a billion dollars.” I laughed at the ridiculousness of this statement, but he went on, doing the math in front of me to make his point. “The most expensive Gulfstream jet in the world is $65 million; a couple of very fancy houses will cost you $20 million, $30 million total; many of the highest-end cars are only a few hundred thousand dollars each. You’ve done all that and you’ve still got around $900 million or so left to spend.” I responded, “Well, you could just give it away to people and organizations in need.” “Ahh, but you can’t,” the man said to me. “Are you just going to hand it to someone and hope they do the right thing with it? You have to build entire infrastructures to give the money away.” He went on to explain that you need to hire legions of people, often hundreds, including teams of lawyers and tax lawyers, finance experts, project managers, communications staffers, and so on, to manage the distribution of the money. “Just look at Warren Buffett. Rather than figure out how to give his money away, he just gave it to the Gates Foundation to do it for him.” Then, the man explained, there is the “problem” that your billions will only grow, often quicker than you can give them away, with interest and rising investments. “Being a billionaire is a lot harder than it looks,” the man said.
There are two people on the planet who seem to have figured out how to spend their multiple double-digit billions without much trouble. Jeff Bezos and Elon Musk, who have swapped places back and forth on the mantle of richest person on earth over the past year, are in the midst of a multibillion-dollar space race that is literally helping them burn through their fortunes while trying to be the first to make it to the final frontier. (A third person, Bezos’s ex-wife, MacKenzie Scott, has also figured it out, giving away a round of grants worth $2.74 billion last week, on top of the nearly $6 billion she gave away last year.)
While the space races of the past were waged between the U.S. and the USSR, wrapped up in the blanket of the Cold War and nuclear threats and international espionage, today’s space race between Bezos and Musk is quite different, comprising a few media- and Twitter-obsessed billionaires who some argue have too much money for their own good.
The two come at the race with different perspectives. Bezos thinks the world is a wonderful place that we’re going to destroy with industry and pollution, and if only we can get that stuff on the moon, or Mars, we’ll be just fine here on this big blue dot. Musk, always the pessimist, thinks the earth is well and truly fucked from climate change and that the only way to save us humans is to escape to another planet, preferably Mars, and get a sort-of do-over. And then there’s the other guy in all this, Richard Branson, who just wants to have a good, thrill-seeking time on a flight to space. While their goals are all different, their unmitigated ambitions are not, with some worrying they’re pushing the boundaries of safety and logic all just to be first.
This became increasingly relevant earlier this month when Bezos announced out of nowhere that he would be flying to the edge of space with his brother, Mark, aboard a rocket built by Bezos’s space company, Blue Origin, on July 20, which is the anniversary of the Apollo 11 lunar landing in 1969. (Branson, not one to be outdone by another billionaire, is trying to scramble to beat Bezos on the space voyage, but likely won’t pull it off in time.) Musk, who likes to do everything in a bigger, better way, is hoping to land humans on Mars by 2026.
It might seem truly crazy that Bezos, who has largely had the biggest impact on retail in history, would risk his life to fly on a rocket when so many previous spacecraft have blown up. (Unlike SpaceX, which seems to relish in the loss of rockets, Blue Origin’s New Shepard, which Bezos will be flying on, has only had one intentional crash landing and more than a dozen successful flights.) But there is actually a reason for this stunt. Bezos announced earlier this year that he would be stepping down as CEO of Amazon and focusing most of his time on his space-related pursuits, but he is also contending with one of the biggest egos and attention seekers in business, that being Elon Musk. In April, Musk’s company SpaceX won a $2.9 billion contract from NASA to build a moon lander, beating Blue Origin. Bezos was so unhappy with the outcome that his company challenged NASA over the deal, filing a 50-page protest with the federal Government Accountability Office.
‘Let’s have the talk’: Twitter chat of bitcoin supporters Jack Dorsey, Elon Musk leaves netizens in frenzy online
Many people couldn’t stop thinking how their talk would affect the world of cryptocurrencies.
As the buzz around cryptocurrencies continues, two of the biggest enthusiasts of the digital exchange tokens, billionaires Jack Dorsey and Elon Musk joined in a friendly chat to take social media by storm.
Twitter and Square CEO, Dorsey, who in the recent past has tried to raise awareness about Bitcoin and pledged to work for it, recently shared a link explaining why institutions should embrace digital currency. This garnered a lot of attention when Tesla and SpaceX CEO Musk replied to his post.
Sharing a link of the ‘B Word’ website, an initiative by the Crypto Council for Innovation (CCI), which aims to “demystify and destigmatize mainstream narratives about Bitcoin”, Dorsey said, “we all want to help protect and spread what makes #bitcoin open development so perfect”.
Musk, who infamously withdraw his support from Bitcoin recently and has been advocating Dogecoin, replied: “Bicurious?” Musk’s cheeky tweet comes after in May, Tesla announced they would no longer accept Bitcoin for their purchases, leading to a huge fall in the currency’s valuation.
Bicurious? — Elon Musk (@elonmusk) June 25, 2021
However, Dorsey didn’t shy away from engaging with Musk and replied: Bizarre! Let’s you and I have a conversation at the event. You can share all your curiosities…” Musk, probably taken by surprise replied to his tweet with an “Omg”.
Lmfao omg — Elon Musk (@elonmusk) June 25, 2021
While Musk was left laughing out loud, it seemed Twitter CEO wasn’t in a mood to let the chat be over with just a few words and insisted that the duo have a real “talk”.
Let’s have THE talk — jack (@jack) June 25, 2021
As people were already hooked and couldn’t keep calm, expressing their excitement replying on the thread, Musk replied saying: “The comments in this thread are solid gold”. But things got more interesting when Dorsey tagged Peter Schiff, Euro Pacific Capital CEO, who is known for his aversion for cryptocurrencies and has urged people to invest in gold instead.
Meaning you want @PeterSchiff to join our conversation? Or… — jack (@jack) June 25, 2021
Arguing that “historically the best commodity to use as money is #gold”, Schiff poke fun at both Dorsey and Musk’s chat by saying: “The comments in this thread are a long way from being #gold, but they come a lot closer than #Bitcoin.”
The main problem with fiat currency is that it’s not backed by actual money. #Bitcoin doesn’t fix this. Currency redeemable in money isn’t fiat. Money is a commodity. Currency redeemable in money can substitute for money. Historically the best commodity to use as money is #gold. — Peter Schiff (@PeterSchiff) June 25, 2021
The comments in this thread are a long way from being #gold, but they come a lot closer than #Bitcoin. — Peter Schiff (@PeterSchiff) June 25, 2021
As shots were fired many said it was one of the most entertaining conversations and ‘crossover’ in recent times. Soon, people started to react with memes and jokes, trying to gauge not only how Musk and Dorsey’s talk to turn out but also how Schiff’s involvement in this chat would affect gold prices. In the recent past, Musk’s single tweets have had the power to impact sharemarket and many feared this would ensue.
Here’s how netizens reacted to the two CEOs’ chat:
I’m already moderating at this event, happy to help 😉 — Peter McChivo (@PeterMcCormack) June 25, 2021
Is there room for one more? pic.twitter.com/HxhX3H72gN — Mistcop.eth (@mistcop) June 25, 2021
This is the crossover I’m here for. — Adam Singer (@AdamSinger) June 25, 2021
This thread is NFT gold 😃 — HQ Tran (@iamhq_____) June 25, 2021
I m 1000% convinced we live in a simulation!! — Malika Allel (@malikaallel) June 25, 2021
I want to have THE talk Never ever did I want to have THE talk in my life.. until now. — Bitcoin Re-Education Camp 🟩 (@DeLaCruzTine) June 25, 2021
When do we talk about this boyos pic.twitter.com/Uf4BdHjZVd — Da_Dude (@DaHootski) June 25, 2021
Jack returning Elon after hearing Elon talks about #dogecoin for 3 hours. pic.twitter.com/sP5lZzWK8G — Doge-X 💎🙌 (@IamTraderX) June 25, 2021
This is like when Yoda met Palpatine. — 🛸🧬🧪Loki🧪🧬🛸 (@imaskeptic1) June 25, 2021
Elon when you have “the talk” with Jack, could you maybe ask about the Twitter #dogecoin emoji? Thanks 🍻 — MuchDogeCurrency (@Stonk32428782) June 25, 2021
Damn Elon be careful… you may make gold prices skyrocket with this tweet 😂 — Matt Wallace ⚠️ (@MattWallace888) June 25, 2021
You mean solid gold is worth less than Bitcoin, though, right? pic.twitter.com/NQXWVZ41j4 — 💸💸💸 (@itsALLrisky) June 25, 2021
Dorsey said he would leave the helm of the two publicly-traded US companies to work on bitcoin if needed, speaking in an interview at the Bitcoin 2021 conference earlier this month.