“I intend to personally support Dogecoin, because I just know a lot of people who are not so rich who encouraged me to buy and support Dogecoin — that’s how I respond to these people,” he said in a video interview with Bloomberg News Editor John Micklethwait. Musk claimed in the interview that it was his own employees who asked him to win Dogecoin, or in his own words: . ” Musk, who has a net worth of more than a fifth of a trillion dollars, was named the richest man in the world by Forbes this year. He has said he personally owns Dogecoin and his Twitter announcements about the cryptocurrency have often raised its price. Earlier this year, it announced that both Tesla and SpaceX would accept Dogecoin payments for certain merchandise. This week, Bloomberg reported that Elon Musk, Tesla and SpaceX are facing a $ 258 billion lawsuit, alleging that Musk was part of a blackmail scheme to support the cryptocurrency. “I have never said that people should invest in encryption,” Musk told the Qatar Economic Forum. He added, “SpaceX and Tesla and I bought some Bitcoin, but it’s a small percentage of our total cash, so it’s not that important.”
Twitter: Will it do it? Win it?
Fans of encryption have watched Musk’s bid to buy Twitter this year. Musk openly said that if the deal was finalized, it would likely “integrate payments on Twitter to make it easy to send money back and forth,” adding that this would include “currency as well as encryption.” In April, Twitter accepted a $ 44 billion offer to buy Musk, but the CEO seems to have cooled down for now. The following month he said the deal was “temporarily on hold” until he could verify that less than 5% of Twitter users were fake. Musk confirmed to the Qatar Economic Forum that “unresolved issues” remain with the deal. Twitter responded to his concerns earlier this month by giving him access to a “fire” of data, including every tweet posted on the platform, so he could independently verify the extent of the bot’s activity. Musk also told the Qatar Forum that even if the deal collapses, he will continue to “drive the product” on Twitter, although the form of his contribution is everyone’s guess. In any case, he will definitely tweet about it.
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