Elon Musk has a message for Dogecoin holders who want to make big bucks – .

Elon Musk has a message for Dogecoin holders who want to make big bucks – .

Tesla CEO Elon Musk recently urged his supporters to ditch a fiat-centric worldview in a recent tweet.

The bombastic billionaire posted a Matrix-themed meme that shows Neo asking a Shiba Inu-headed Morpheus if he can make “a lot of money” with Dogecoin.

In turn, the cynocephalus responded that the popular cryptocurrency is actually money, thus urging Keanu Reeves’ iconic character not to focus on fiat gains.

This isn’t the first time Musk has gone viral on Twitter with references from “The Matrix”. In May 2020, he encouraged his followers to take “the red pill”. The term has acquired a rather pejorative connotation after being adopted by some radical groups who want their supporters to be aware of the alleged lies of society.

At “The B Word” conference last week, Musk criticized the government as “the ultimate corporation”:

I think it’s a false dichotomy to view government and some kind of industry as separate… government is… the ultimate society.

1 DOGE = 1 DOGE ?

The most recent meme appears to come from the “1 BTC = 1 BTC” tautology, which has permeated the Bitcoin community that doesn’t want to be obsessed with dollar-denominated prices.

This could serve as a consolation for Dogecoin holders who are in great pain now that the cryptocurrency is trading 73% below its May 8 high of $ 0.73.

Musk’s most recent scream didn’t do much to alleviate the predicament in the joke piece, simply causing the prices to skyrocket by 3%.

Image from tradingview.com

While Bitcoin cannot be inflated since the maximum number of coins is capped at exactly 21 million, Dogecoin has an endless supply.

Dallas Mavericks owner Mark Cuban, another prominent Dogecoin supporter, has claimed that inflation could actually make Dogecoin a successful currency.

During the recent Bitcoin event, Musk reiterated that Dogecoin’s success would be the most ironic and entertaining outcome.


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