The Dogecoin (CRYPTO: DOGE) community has taken stock of Tesla Inc (NASDAQ: TSLA) CEO Elon Musk picking up over a 9% stake in Twitter Inc (NYSE: TWTR). The development has stirred expectations, demands, and speculation among the Shibes. Here’s what’s on their radar.
See Also: How To Buy Dogecoin (DOGE)
DOGE Tips: Tipping in DOGE is a long-standing demand of the community. In February, a petition was circulated to get Twitter to enable DOGE tips, with the meme coin's co-creator Billy Markus saying it was the “OG tipping cryptocurrency.” Twitter users currently can send tips in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), but can only do so in DOGE through third-party bots.
With Musk — a well-known DOGE advocate — on the Twitter board, the clamor is only growing.
BREAKING: Elon Musk has acquired a 9.2% stake in Twitter! $Doge tip is coming to Twitter soon. Keep the fun going!
— AcceptÐogecoins.Ðoge (@AcceptDogecoins) April 4, 2022
We can use Twitter or @sodogetip on #TippingTuesday #JustTheTip #DoOnlyGoodEveryday and #payitforward
DNu8Cumpa14p5H3MNjE6viS8cRGsHof2Co
Elon Musk buying 9% of the Twitter Shares makes him the largest Twitter shareholder as of now.
— Jelly Ace (@cryptQG37) April 5, 2022
I can now foretell what's going to happen next few days or months.
- FREE SPEECH ADVOCACY
- TWEET EDIT BUTTON (with history)
- #DOGE TIP JAR INTEGRATION
Scammers Begone: Musk agreed with Markus earlier this year that cryptocurrency scam activity needs to be fixed on Twitter. At the time, the entrepreneur said, “This has been broken for a long time.”
When Twitter rolled out non-fungible token profile images, Musk said the company should focus on more important things.
In 2021, $2 million in cryptocurrency was stolen through giveaway scams. Musk has been impersonated in several instances, the most recent instance happening last month when one asked for DOGE and other cryptocurrencies.
As for spam, Markus recently said a 1 DOGE fee for tagging someone on Twitter could fix the issue. Another user came up with a similar approach to deal with scammers and copycats.
Will @elonmusk use $10 worth of doge coin as a twitter deposit to crush the scammers and copy cats? Not pay to play but deposit for collateral for social representation of true self.
— KB (@KevinBr89329684) April 6, 2022
Doge Mascot In Hashtag: Twitter community wants a Dogecoin symbol hashtag on the platform, just like there is one for Bitcoin. Markus, responding to one such demand in February, joked “you gotta pay a million bucks a year for it.”
you gotta pay a million bucks a year for it
— Shibetoshi Nakamoto (@BillyM2k) February 9, 2022
Now that Musk can have his say on Twitter’s board, some want him to act on this issue.
If @jack was able to get #Bitcoin a hashtag logo (without paying for it), I wonder if @elonmusk will be able to get #dogecoin a well overdue hashtag logo…
— Sir Doge of the Coin (@dogeofficialceo) April 4, 2022
Verified Profiles For Community: Important Twitter handles related to the Dogecoin community remain unverified. Dogecoin Foundation (@DogecoinFdn), and Dogecoin Developers (@dogecoin_devs) are just some examples.
DOGE-oriented handle, Mishaboar, recently noted that tipping bots are using Twitter in a way that was not intended. While the platform began allowing verification for "good" bots in late 2021, there is still no such clarity if it will be extended for tipping bots.
In a way tipping bots are using @Twitter in a way it is not designed to be used. Twitter started allowing verification for GOOD bots late in 2021, but I am not sure that extends to tipping bots.
— Mishaboar (@mishaboar) April 7, 2022
Maybe @elonmusk might be interested - this is already #Dogecoin tipping, after all.
No Expectations At All: Markus this week told Benzinga he didn’t have any expectations about Musk’s appointment to the Twitter board.
“Whatever he [Musk] thinks is best in general, and any dogecoin stuff would be an unexpected bonus but I would not expect anything," Markus said.
Twitter has already implied it will not reinstate former U.S. President Donald Trump’s account. While Twitter CEO Parag Agrawal has welcomed Musk, calling him a “passionate believer and intense critic” of the platform, the company has said its policy decisions were not determined by board members or shareholders.
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Photo collage created using Freepik/Steve Jurvetson on Flickr
