Throughout a current look on the Considering Crypto podcast, Cardano founder Charles Hoskinson advised that Tesla CEO Elon Musk routinely promotes Dogecoin on his social media profile on account of proudly owning a big portion of its provide. On the identical time, he doesn’t rule out that the controversial entrepreneur would possibly merely just like the cryptocurrency brand:
“He is a legendary entrepreneur, and nobody can problem…He is a magical man. He is actually like a sphinx. Laborious to grasp his motivations and perceive why he does what he does. Why does he have this weird fetish for Dogecoin? Is that he owns 20% of the provision? Or is it simply he simply likes the f*****g brand? You simply do not know with a man like that. That is the magic of Elon Musk,” he mentioned.
Musk himself confirmed that he was a Dogecoin holder again in 2021 after serving to to propel the meme coin to all-time highs earlier this yr.
No reciprocity
The Cardano crew has provided free work with verified tweets because of the present predicament with bots, however there’s all the time silence on Musk’s half, based on Hoskinson.
“I even know Kimbal Musk, and I’ve talked to him on a number of events. And I do know many individuals in Elon’s orbit. And by no means as soon as has he talked about Cardano or, or me, or something…For some motive, we won’t break by way of. I do not know why. He is actually conscious of crypto. Possibly he is received folks in his social circle that do not like me,” he added.
It makes him “unhappy” as a result of he’s an X consumer with one million followers on the platform. He added that this type of social capital could be very beneficial to him. “I wish to see X succeed and develop, and if we might ever be a part of serving to that out by some means, I wish to try this,” he added.