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Dogecoin

Dogecoin Payments On X: Cardano Founder Offers Elon Musk Bitcoin Roadmap For Implementation

Scott Matherson
by Scott Matherson
6 months ago
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Cardano Founder Charles Hoskinson has hinted at the possibility of a Dogecoin (DOGE) payment option on X, further extending this long-anticipated proposal to SpaceX and Tesla CEO Elon Musk. The Cardano founder expressed willingness to share a Bitcoin roadmap detailing how this integration could work.

Hoskinson’s Bitcoin 2 Roadmap For Dogecoin Payments On X

On Wednesday, February 4, Hoskinson took to X (formerly Twitter) to extend an intriguing offer to Musk. The Cardano Founder has positioned himself as a potential key player in Dogecoin’s evolution, highlighting the possibility of DOGE becoming a standard currency on the X social media platform. 

Related Reading: Dogecoin Payments Coming To X? Here’s What We Know So Far

In his statement directly addressed to Musk, Hoskinson offered to contribute to Dogecoin payments being integrated into X by providing access to his old Bitcoin 2 roadmap, which he had written years ago. While the Cardano Founder did not elaborate on the details of this Bitcoin 2 roadmap, it may likely contain ideas for improving scalability, security, and transaction efficiency— all critical factors for turning Dogecoin into a viable payment system on X.

Interestingly, Hoskinson’s statement and proposal to Musk comes amid growing speculation about X integrating crypto payments. Musk had previously hinted at plans to introduce digital asset payments on X, though he has not confirmed what cryptocurrencies would be supported. 

The SpaceX CEO has also repeatedly expressed his admiration for Dogecoin, even adding the meme coin to Tesla’s payment system for certain merchandise. Due to his public support and interest in DOGE, many in the crypto community speculate that DOGE could be the top contender as a payment option on X if crypto becomes integrated into the platform. 

Furthermore, Hoskinson’s offer could add a new layer of intrigue, especially if Musk considers implementing his Bitcoin 2 roadmap and optimizing Dogecoin for payments. For now, Musk has not acknowledged or publicly responded to Hoskinson’s statement on X. 

Whether the SpaceX and Tesla CEO takes up the Bitcoin 2 roadmap proposal or chooses a different path for X’s payment infrastructure remains to be seen. Nevertheless, if Musk decides to implement a Dogecoin payment system for X, it could mark a significant milestone for the meme coin’s global adoption and long-term value. 

Hoskinson’s Proposal Faces Backlash From Community

Following Hoskinson’s proposal to use his Bitcoin 2 roadmap for a potential Dogecoin payment system on X, many community members reacted with skepticism, questioning his choice of cryptocurrency. One user asked why Hoskinson proposed the use of Dogecoin for payments on X.

Related Reading: Charles Hoskinson Drops Bombshell On Why Cardano Is Better Than Bitcoin And Ethereum

He stated, “If ADA is so good, why use anything else?”— implying that Hoskinson should advocate for his own blockchain and cryptocurrency rather than supporting DOGE. Other members echoed similar sentiments, debating whether Dogecoin was the right fit for X’s payment infrastructure. Criticism also emerged, with one member arguing that Hoskinson would rather shirk his responsibility of improving Cardano’s smart contracts and instead focus on Dogecoin.

Shiba Inu
DOGE trading at $0.20 on the 1D chart | Source: DOGEUSDT on Tradingview.com
Featured image from Unsplash, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Scott Matherson

Scott Matherson

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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

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