{"id":3820,"date":"2023-09-05T17:00:00","date_gmt":"2023-09-05T17:00:00","guid":{"rendered":"https:\/\/coinnector.com\/dogecoin-and-elon-musk-surprising-facts-from-his-biography\/"},"modified":"2023-09-06T01:09:06","modified_gmt":"2023-09-06T01:09:06","slug":"dogecoin-and-elon-musk-surprising-facts-from-his-biography","status":"publish","type":"post","link":"https:\/\/coinnector.com\/en\/dogecoin-and-elon-musk-surprising-facts-from-his-biography\/","title":{"rendered":"Dogecoin and Elon Musk: surprising facts from his biography"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"681\" src=\"https:\/\/coinnector.com\/wp-content\/uploads\/2023\/09\/kanchanara-rfUl0Lfyays-unsplash-1024x681.jpg\" alt=\"\" class=\"wp-image-3814\" srcset=\"https:\/\/coinnector.com\/wp-content\/uploads\/2023\/09\/kanchanara-rfUl0Lfyays-unsplash-1024x681.jpg 1024w, https:\/\/coinnector.com\/wp-content\/uploads\/2023\/09\/kanchanara-rfUl0Lfyays-unsplash-300x200.jpg 300w, https:\/\/coinnector.com\/wp-content\/uploads\/2023\/09\/kanchanara-rfUl0Lfyays-unsplash-768x511.jpg 768w, https:\/\/coinnector.com\/wp-content\/uploads\/2023\/09\/kanchanara-rfUl0Lfyays-unsplash-1536x1022.jpg 1536w, https:\/\/coinnector.com\/wp-content\/uploads\/2023\/09\/kanchanara-rfUl0Lfyays-unsplash.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n<h2 class=\"wp-block-heading\">Elon Musk, a billionaire and technological visionary, is known for his interest in Dogecoin. His support for this cryptocurrency led to a spectacular rise in its value in 2021. However, recent reports suggest that Musk&#8217;s involvement in this alternative currency is deeper than we might have assumed.<\/h2>\n\n<p>Undoubtedly, Elon Musk is a figure that impacts the world of technology, and his comments often influence financial markets. Dogecoin, initially not taken very seriously, became a real phenomenon, partly thanks to Musk&#8217;s support on platform X (formerly Twitter).<\/p>\n\n<p>Recently, the &#8220;Wall Street Journal&#8221; revealed that Elon Musk had a much larger impact on the development of Dogecoin than everyone assumed. This information came from a leak from the upcoming biography of the billionaire. It can be read there about how Elon Musk thought of creating a social platform where users would pay for the verification of their account. This vision evolved until Kimbal Musk, Elon&#8217;s brother, came up with the idea for such a platform to be built.<\/p>\n\n<p>Interestingly, Elon responded enthusiastically to the idea of a platform that would allow users to send money and pay creators for content such as stories, music, or movies. Moreover, Musk mentioned that such a platform could use Dogecoin as a payment system. From the context, it is clear that Elon Musk not only actively supported the development of this cryptocurrency but also financed it.<\/p>\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">The biography of Elon Musk, which will be published on September 12, revealed that he has been quietly funding the development of DOGECOIN; considered creating a social media based on blockchain and including payment; SBF ultimately failed to invest 5 billion to help acquire\u2026 <a href=\"https:\/\/t.co\/jshe9Gk7qI\">pic.twitter.com\/jshe9Gk7qI<\/a><\/p>&mdash; Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1697986606354014356?ref_src=twsrc%5Etfw\">September 2, 2023<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n<p>While the leak suggests that Musk wanted to create a &#8220;blockchain-based social media system that handles both payments and short text messages,&#8221; he eventually decided to purchase Twitter for a staggering 44 billion dollars. He later renamed it &#8220;X&#8221;, getting closer to the original vision of the platform.<\/p>\n\n<p>After purchasing X, Musk gradually made changes in line with his vision. The revenue-sharing system introduced a few months ago allowed creators to earn from their posts. Moreover, X obtained licenses to offer payments in many states, leading to speculation about supporting payments in Dogecoin.<\/p>\n\n<p>Elon Musk&#8217;s biography, written by Walter Isaacson, is set to be released on September 12. It is likely to shed light on Musk&#8217;s path to success and his potential collaboration with FTX founder, Sam Bankman-Fried.<\/p>\n\n<p class=\"has-small-font-size\">Photo by <a href=\"https:\/\/unsplash.com\/@kanchanara?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\">Kanchanara<\/a> on <a href=\"https:\/\/unsplash.com\/photos\/rfUl0Lfyays?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\">Unsplash<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk, a billionaire and technological visionary, is known for his interest in Dogecoin. His support for this cryptocurrency led to a spectacular rise in its value in 2021. However, recent reports suggest that Musk&#8217;s involvement in this alternative currency is deeper than we might have assumed.<\/p>\n","protected":false},"author":1,"featured_media":3815,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60,41],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dogecoin and Elon Musk: surprising facts from his biography - Kryptowaluty bez tajemnic<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinnector.com\/en\/dogecoin-and-elon-musk-surprising-facts-from-his-biography\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin and Elon Musk: surprising facts from his biography - Kryptowaluty bez tajemnic\" \/>\n<meta property=\"og:description\" content=\"Elon Musk, a billionaire and technological visionary, is known for his interest in Dogecoin. His support for this cryptocurrency led to a spectacular rise in its value in 2021. However, recent reports suggest that Musk&#039;s involvement in this alternative currency is deeper than we might have assumed.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinnector.com\/en\/dogecoin-and-elon-musk-surprising-facts-from-his-biography\/\" \/>\n<meta property=\"og:site_name\" content=\"Kryptowaluty bez tajemnic\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-05T17:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-06T01:09:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinnector.com\/wp-content\/uploads\/2023\/09\/kanchanara-rfUl0Lfyays-unsplash.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1277\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"coinnector\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"coinnector\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/coinnector.com\/en\/dogecoin-and-elon-musk-surprising-facts-from-his-biography\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/coinnector.com\/en\/dogecoin-and-elon-musk-surprising-facts-from-his-biography\/\"},\"author\":{\"name\":\"coinnector\",\"@id\":\"https:\/\/coinnector.com\/#\/schema\/person\/5e94101a1bb0ccb441fc057b554d8ec9\"},\"headline\":\"Dogecoin and Elon Musk: surprising facts from his biography\",\"datePublished\":\"2023-09-05T17:00:00+00:00\",\"dateModified\":\"2023-09-06T01:09:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/coinnector.com\/en\/dogecoin-and-elon-musk-surprising-facts-from-his-biography\/\"},\"wordCount\":380,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/coinnector.com\/#organization\"},\"articleSection\":[\"Hot news\",\"World\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/coinnector.com\/en\/dogecoin-and-elon-musk-surprising-facts-from-his-biography\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinnector.com\/en\/dogecoin-and-elon-musk-surprising-facts-from-his-biography\/\",\"url\":\"https:\/\/coinnector.com\/en\/dogecoin-and-elon-musk-surprising-facts-from-his-biography\/\",\"name\":\"Dogecoin and Elon Musk: surprising facts from his biography - 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