Just recently, the two billionaires and tech gurus have found themselves as one of the hottest topics in the cryptocurrency industry. The founder of Twitter and Square, Jack Dorsey is reportedly having an exchange of arguments with the founder of Tesla and SpaceX, Elon Musk.
There is currently a heated up conversation taking place between both personalities in regards to Bitcoin (BTC). Elon Musk is already very prominent when it comes to cryptocurrencies. His recent involvements in the cryptocurrency industry, especially, DOGE and BTC have proven to be very controversial.
The billionaire is currently facing a lot of resistance and pressure from the entire cryptocurrency community, institutional investors, and even regulators for his involvement in cryptocurrencies.
Many international regulators have even demanded the US SEC to investigate the matter and find out his involvement in using his market presence to affect crypto-prices.
On the other hand, Jack Dorsey seems to have played a very positive role in the entire cryptocurrency industry. He has proven to be a proponent of BTC while Elon Musk has bashed BTC for its environment harming nature.
Initially, Elon Musk was respected among the entire BTC and DOGE community for playing a huge role, bringing rallies to the platforms. However, Elon Musk soon gave a shocker to the entire BTC community by selling the majority of Tesla’s BTC holdings. This resulted in the entire crypto-market facing a downfall in terms of prices and market capitalization.
Things turned unusual when after selling BTC, Elon Musk announced they would no longer accept BTC for Tesla sales. Elon Musk adopted the opinion of power sources causing high carbon emissions for the mining of BTC.
Similar to most of the cases, it was Elon Musk who started the rift between the two billionaires. Just recently, Jack Dorsey had made an attempt of promoting a campaign named “The B word”. The campaign had been launched for the exposure of BTC among global organizations.
While things were going smooth, Musk went ahead and teased Jack Dorsey by making a comment that said “bicurious”. That is when Dorsey replied with a serious tweet inviting Musk to a discussion at the particular event. He added that Musk can come to the event and discuss all his curiosities.
Elon Musk replied to Dorsey’s tweet with a comment stating “LMFAO OMG”, which was aimed to trigger Dorsey even more. This is exactly what the tweet ended up doing as Dorsey then challenged him to a discussion over Bitcoin.
Elon Musk event went after the Bitcoin Maximalists by making an unusual comment. This triggered the entire BTC community and a feud ended up taking place between BTC and DOGE supporters.
Surprisingly, the feud is still ongoing and the discussion has ended up gaining the attention of many analysts and market observers.