- Charles Hoskinson says DOGE now has a used case as Musk acquires Twitter.
- The crypto community thinks DOGE may become an official utility token on Twitter.
- A crypto enthusiast said Musk should partner with fraud-proof payment like FlexaHQ.
In a poll yesterday, Charles Hoskinson, the Cardano blockchain founder, said he was looking at tossing Twitter the idea of incorporating the meme token Dogecoin. Jackson Palmer, the creator of DOGE, sarcastically asked him if he no longer detests the meme coin.
Hoskinson responded that:
Dogecoin finally has a use case. If Elon decides to use it for Twitter, then there are automatically 200 million users and a use case. That is a lot more real than memes
Specifically, in the poll, Hoskinson asked the crypto community their opinion about pitching to Twitter what he described as a ‘post-quantum ultrafast, and identity-enabled DOGE sidechain of Cardano custom built for social networks.’
At press time, over 80% of respondents said yes. However, some people found the Cardano boss as being ridiculous or trying to seek attention using Dogecoin. He clarified that building a decentralized social network had been his dream for years, and he sees it materialize as Twitter now rests in the hands of Elon Musk.
Been thinking about building a decentralized social network for years. It's finally a possibility now that twitter is in Elon's hands— Charles Hoskinson (@IOHK_Charles) October 29, 2022
Previously, the founder of the ADA token said that he could see the possibility of Dogecoin merging with the social networking platform, with Musk being the boss. Hoskinson’s comment may imply that companies running business campaigns on Twitter could be paying for advertisements via the meme token.
Furthermore, a crypto enthusiast suggested that the new billionaire owner of Twitter could partner with fraud-proof payment processors like FlexaHQ and Amptoken Foundation to facilitate the DOGE payments on the backend.
The post Cardano Founder No Longer Hates DOGE after Elon Musk Buys Twitter appeared first on Coin Edition.