Is Elon Musk in Agreement with Dogecoin Creator's Thesis?
In a recent exchange on social media platform X (formerly Twitter), two influential figures tackled a contentious topic sparked by the SEC's statement on crypto's value
The SEC asserted that "crypto has 'no innate or inherent value'," drawing the attention of Dogecoin co-founder Billy Markus, who had a strong response
Elon Musk, the CEO of Tesla and SpaceX, known for his stance on cryptocurrencies, also jumped into the conversation, supporting Markus's perspective
Markus challenged the SEC by saying, "Then return all the taxes y'all made me pay for receiving it, you horrific evil hypocrites"
Musk added a rhetorical question, "It's real if you have to pay taxes, but otherwise not real?" highlighting the inconsistency in the regulatory perspective
Markus suggested that the "realness" of cryptocurrency is "transitory," leaving room for interpretation. As crypto evolves, influential voices like Markus and Musk continue to shape the narrative.