by Elon Musk, the CEO of Tesla, SpaceX, and a few other high-profile organisations, has created a joke movie about the meme cryptocurrency Dogecoin. Brett Winton, Director of Research at Ark Invest, had tweeted about Bitcoin miners, prompting this response. In terms of mining, the 19 millionth Bitcoin was created on April 1.
“Everything” Is Explained In This Video
Winton has shared a joke that depicts a brief exchange between someone who is familiar with Bitcoin and Bitcoin mining and someone who is unaware that “miners” are pieces of hardware. The mother, who is an old-school person who does not comprehend crypto and is unaware that miners are not only humans but also microchips, is the one who is uneducated.
Elon Musk responded by posting a video on Dogecoin that he claims “explains everything.” The movie shows a Shiba Inu dog (the DOGE symbol) riding a rocket that allows it to outperform Bitcoin and other big cryptos in terms of market capitalization. DOGE’s price is surging, and the coin is heading “to the moon.”
The movie also shows microchips used in the Proof-of-Work mining algorithm, which is utilised for Dogecoin, Bitcoin, Litecoin, and other first-generation coins and their offshoots. Billy Markus, a co-founder of Dogecoin, has entered the conversation, calling this video the “greatest cryptocurrency video in history.”
A commentator in the thread below Winton’s tweet similarly expressed his high frustration with his inability to explain Bitcoin to his wife. Another late-sixties Twitter user said that he does not comprehend Bitcoin but believes he’s missing out on something significant.
Brenton commented that Musk’s meme was too far for the guy in the original tweet. However, he revealed that his five-year-old son is already begging him to open a Coinbase account.
Musk Has Stated That He Won’t Sell His DOGE, ETH, Or BTC
Tesla’s CEO, Elon Musk, stated in early March that he still has some Dogecoin and two big cryptocurrencies, Bitcoin and Ethereum. Musk indicated that he would not sell his stockpiles. The price of Dogecoin rose by 9% almost immediately, although only for a short time.
Musk’s tweets used to have a bigger impact on the Dogecoin price, causing it to rise with almost every reference in the billionaire’s tweet. However, the “Musk impact” on the price of DOGE appears to be fading.
Ross Ulbricht The Founder Of The Silk Road Releases A New NFT Collection
Ross Ulbricht created a series of paintings without access to the internet or computers with the intention of selling them as non-fungible tokens with Bitcoin-based certifications. Mr. Ulbricht announced the details of his second NFT collection, “Growth,” on Twitter. On April 5, 2022, it will be presented during the Bitcoin 2022 conference in Miami.
The Scarce.City portal will then open the bidding procedure for items from April 6 to 8. The collection includes four actual framed paintings with certificates of authority issued by the Bitcoin (BTC) network, as well as one digital Bitcoin-tokenized animation.
