Tesla CEO Elon Musk has ramped up his anti-fiat rhetoric with a Dogecoin meme impressed by the “Matrix” franchise
Tesla CEO Elon Musk lately urged his followers to ditch a fiat-centric worldview in a current tweet.
The bombastic billionaire posted a Matrix-themed meme that reveals Neo asking a Shiba Inu-headed Morpheus if he could make “some huge cash” with Dogecoin.
In flip, the cynocephalus replied that the favored meme cryptocurrency is, in actual fact, cash, thus urging the enduring Keanu Reeves character to not concentrate on fiat beneficial properties.
And at last pic.twitter.com/TcgwMSyjAy
— Elon Musk (@elonmusk) July 25, 2021
This isn’t the primary time that Musk stirs buzz on Twitter with references from “The Matrix.” In Might 2020, he inspired his followers to take “the crimson tablet.” The time period has acquired a fairly pejorative connotation after being adopted by some radical teams that need their followers to get up to society’s alleged lies.
Take the crimson tablet 🌹
— Elon Musk (@elonmusk) May 17, 2020
At “The B Phrase” convention that took place last week, Musk criticized the federal government as “the final word company”:
I feel it’s a false dichotomy to take a look at authorities and type of business as separate…authorities is…the final word company.
1 DOGE = 1 DOGE?
The latest meme seems to have derived from the “1 BTC = 1 BTC” tautology, which has permeated the Bitcoin group that doesn’t wish to obsess over dollar-denominated costs.
This may function some type of comfort for Dogecoin holders who’re hurting large time now that the cryptocurrency is buying and selling a whopping 73 % under its Might 8 all-time excessive of $0.73.
Musk’s most up-to-date shout-out did little to alleviate the joke coin’s predicament, merely leading to a fast 3 % worth spike.
Whereas Bitcoin can’t be inflated for the reason that most variety of cash is capped at precisely 21 million, Dogecoin has an infinite provide.
Dallas Mavericks proprietor Mark Cuban, one other distinguished Dogecoin supporter, claimed that inflation may really make Dogecoin a profitable forex.
In the course of the current Bitcoin occasion, Musk reiterated that Dogecoin’s success can be probably the most ironic and entertaining final result.