Elon Musk has been a close spectator of the crypto-verse. From his consistent endorsements of the prominent meme cryptocurrency, Dogecoin [DOGE], to his love-hate relationship with Bitcoin [BTC], Musk has managed to stay relevant in the crypto industry. More recently, Elon Musk decided to weigh in on a heated Twitter debate that involved Jack Dorsey, the founder of the social media platform.
The entire debate was inititaed by the founder of Rug Radio, Farokh Sarmad who addressed Jack Dorsey’s latest jab against the Web3 technology. The tweet read,
“Yo @Jack I promise if you look outside of your bubble of rich dudes you’ll see that there are creators actually building web3 and a whole revolution in the form of digital renaissance. Come say hi or listen in on our conversations, the NFT space is filled with geniuses.”
This tweet drew a lot of attention from an array of people across the community. Even though it started as a mere tweet about Web3 tech, people gave birth to the whole BTC vs. ETH argument.
Not just “anti-Web3” Twitterati began labeling Dorsey as “anti-ETH” as well. Dorsey did not steer away. He tweeted,
Elon Musk agrees with Dogecoin co-founder
Several prominent members of the crypto community decided to be a part of this Twitter thread. The co-founder of Dogecoin [DOGE], Billy Markus made sure to jump in. As the entire conversation spun into a ETH vs. BTC one, Dorsey went on to subtly accuse the Ethereum network for working like a corporate establishment.
Markus added to this thread by suggesting that BTC was giving power to people who are rich. His tweet read,
“I mean my goal is to build stuff and make money and have fun I’m used to the corporate establishment and don’t really see any meaningful break away from it ~ bitcoin just gives power to new rich people.”
Replying to this, the Doge lover stepped in. Elon Musk replied to Markus’s tweet and said, “That’s why I’m pro Doge.”