"Elon Musk: The Biography" has been officially published. How does the book describe Dogecoin?
Azuma
2023-09-15 04:14
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Did SBF also give advice to Musk?

This article is from | BENZINGA

Reference | NewsBTC, TS2

Translator | Odaily Azuma

On September 12th, the biography of Elon Musk, "Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future," written by American biographer Walter Isaacson, was officially published. As one of the richest and most influential super KOLs globally, Musk has always had a subtle relationship with Dogecoin. Therefore, many insiders are curious whether Dogecoin will be mentioned in the book and, if so, how it will be described.

According to BENZINGA, NewsBTC, TS2, and other foreign media reports, Musk did mention Dogecoin multiple times in this biography, even revealing many previously unknown "secrets." For example, SBF had given Musk advice, and Musk has been providing continuous funding for Dogecoin development.

BENZINGA found four mentions of Dogecoin in the book.

Record 1: About Dogecoin and Twitter

The first mention mainly focuses on the idea of integrating Dogecoin into a social media platform. The original content is as follows:

  • Kimbal (Musk's brother) believes that his brother (Musk) should start his own social media platform based on blockchain, which can consider integrating a payment system including Dogecoin. Elon pondered over this.

    After lunch, Musk sent a few text messages to Kimbal, detailing his vision for "a blockchain-based social media system that can handle payments and send messages like Twitter."

    Because (the system) doesn't have a centralized server, there is no "choke point" to be controlled, ensuring freedom of speech.

    Musk continued to state that another alternative approach is Twitter, not just joining its board of directors but directly acquiring it...

As seen from the previous text, Musk had a serious discussion with his brother Kimbal about integrating Degecoin into social media platforms. Kimbal was the first to propose the idea, but Musk provided a more detailed analysis.

However, this idea ultimately did not materialize, so Musk chose to acquire Twitter as an alternative approach.

Record 2: Advice from SBF

Well-known SBF also had interactions with Musk and suggested restructuring Twitter. The original text is as follows:

  • Another person who desired to participate in this transaction (acquisition of Twitter) was Sam Bankman-Fried (SBF), the founder of the now-defunct cryptocurrency exchange FTX. He believed that Twitter could be rebuilt based on blockchain technology.

  • Musk has discussed using blockchain as the underlying technology for Twitter with Kimbal and others. However, although Musk is interested in cryptocurrencies like Dogecoin, he is not a proponent of blockchain technology. Musk believes that blockchain is too slow to support the fast-paced content frequency of Twitter.

As seen from the previous text, SBF suggested a more radical approach for reforming social media using blockchain technology, but Musk still has doubts about the efficiency of blockchain technology today and did not adopt this suggestion.

Record 3: About "True Doge"

  • Musk just sent a private jet to pick up his newly purchased Shiba Inu dog named Floki, which happens to be the logo image of Dogecoin.

    Musk also brought his other dog Marvin, but Marvin and Floki don't get along well. Neither of them has been trained to address their physiological needs at home, which has turned Maye (Musk's mother)'s apartment into a two-room circus.

The book mentions that Musk really likes Floki. Once, he flew from Texas to New York to attend a charity event and specifically brought Floki with him to stay at Grimes' (Musk's ex-girlfriend) mother's small apartment.

Record 4: Elements of Dogecoin in Life

  • ...Kimbal organized a drone show, the images in the night sky included Nikola Tesla, the Dogecoin logo, and a Cybertruck electric pickup truck... The celebrities present included Harrison Ford, Spike Lee, and NFT artist Beeple.

Other Records: Funding for Dogecoin Development

In addition to these four direct records from BENZINGA, NewsBTC and TS2 also discovered that Musk acknowledged his funding for Dogecoin development in the book, because Isaacson described Dogecoin as follows - "He (Musk) has been quietly funding the development of a semi-serious cryptocurrency."

Conclusion

In summary, descriptions about Dogecoin do appear multiple times in Musk's biography, but objectively speaking, they do not occupy too much space.

This is not difficult to understand. The reason why Musk has such charisma is because of his innovation and pioneering ability in multiple cutting-edge fields such as new energy, aerospace, and brain-computer interaction. As for how he views Dogecoin, Isaacson's description of "semi-serious" may be quite fitting.

In the future, Musk will certainly continue to mention Dogecoin frequently due to personal preferences, but whether he will integrate it into specific businesses, no one can make a judgment.

After all, who can predict Musk?

Azuma
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