{"id":120036,"date":"2021-04-07T03:06:57","date_gmt":"2021-04-07T03:06:57","guid":{"rendered":"https:\/\/precoinnews.com\/?p=120036"},"modified":"2021-04-07T03:06:57","modified_gmt":"2021-04-07T03:06:57","slug":"elon-musk-wants-to-literally-leave-dogecoin-on-the-moon","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/elon-musk-wants-to-literally-leave-dogecoin-on-the-moon\/","title":{"rendered":"Elon Musk Wants to Literally Leave Dogecoin On the Moon"},"content":{"rendered":"

Elon Musk \u2013 the South African entrepreneur behind majorly successful companies like electric car firm Tesla and SpaceX \u2013 is back in the news promoting his favorite cryptocurrency Dogecoin. While the man has consistently made a name for himself in the world of bitcoin and went as far as to purchase $1.5 billion worth of the world\u2019s number one digital asset by market cap in recent months, Musk is again reverting his attention back to the joke cryptocurrency with a cute little Shiba Inu dog as its mascot.<\/p>\n

Elon Musk and His Constant Push for Doge<\/h2>\n

In a recent tweet, Musk commented that he was going to send a Dogecoin to the \u201cliteral moon,\u201d meaning he was going to take one of his SpaceX rockets and fly a literal Doge to the heavenly body and leave it there. Naturally, everyone felt it may have been an April Fool\u2019s joke considering the day the tweet emerged on the internet, but for those of us who know Musk and his crypto antics on a stronger level, we can\u2019t help but feel like this is something he really wants to do.<\/p>\n

Of course, accomplishing such a feat would be a rather difficult thing to achieve. The first major problem with this scenario is that Dogecoin is a digital currency, hence it does not exist in physical form \u2013 only in binary numbers and code. Unless Musk means he\u2019s planning to buy Doge and print it out on a paper wallet, then fly the paper wallet to the moon and leave it there, it\u2019s unlikely he\u2019ll ever be able to leave a Dogecoin on the lunar surface of Earth\u2019s closest neighbor.<\/p>\n

Then again, who knows what could happen in a couple of years? As cryptocurrencies become more mainstream and legitimate, maybe someone somewhere will find a way of duplicating all these currencies and creating physical forms for all of them \u2013 bitcoin, Ethereum, etc. From there, we can trade these assets and use them the way we would paper money.<\/p>\n

The Twitter message read:<\/p>\n

\n

SpaceX is going to put a literal dogecoin on the literal moon.<\/p>\n<\/blockquote>\n

CNBC<\/em> reporter Michael Sheetz was quick to respond to the tweet and was one of the few that isn\u2019t doubting Musk\u2019s words. He commented:<\/p>\n

\n

I know it\u2019s April Fool\u2019s, but I don\u2019t for a second question that he means this. After all, SpaceX\u2019s first payload to orbit and back was a wheel of cheese.<\/p>\n<\/blockquote>\n

Could This Be Done?<\/h2>\n

Still, though, the cheese existed in physical form, so again this could be an issue Musk wasn\u2019t considering at the time of his latest tweet. In the long run, Musk has acknowledged in the past that he makes jokes about Doge and other forms of crypto, and that people shouldn\u2019t take him too seriously. He has stated:<\/p>\n

\n

I make jokes about Dogecoin, but they are really meant to be jokes.<\/p>\n<\/blockquote>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Elon Musk \u2013 the South African entrepreneur<\/p>\n","protected":false},"author":3,"featured_media":120035,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nElon Musk Wants to Literally Leave Dogecoin On the Moon - Pre Coin News<\/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:\/\/precoinnews.com\/crypto\/elon-musk-wants-to-literally-leave-dogecoin-on-the-moon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk Wants to Literally Leave Dogecoin On the Moon - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Elon Musk \u2013 the South African entrepreneur\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/elon-musk-wants-to-literally-leave-dogecoin-on-the-moon\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-07T03:06:57+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/04\/ccryptafotoshutterstock_235457539-elon-musk.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/elon-musk-wants-to-literally-leave-dogecoin-on-the-moon\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/elon-musk-wants-to-literally-leave-dogecoin-on-the-moon\/\",\"name\":\"Elon Musk Wants to Literally Leave Dogecoin On the Moon - 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