In a recent post, Dogecoin creator Billy Markus shed light on his current views and involvement with the cryptocurrency he created 10 years ago. Meanwhile, DOGE fan Elon Musk is starting a new Artificial intelligence (AI) company.
An important article about DOGE from the inventor of Dogecoin
Structured in a frequently asked questions (FAQ) format, the series reveals Billy Markus’ candid views on Dogecoin and the market in general. When asked if he represents Dogecoin, Markus answered unequivocally “No”. Also, when asked if he has any professional affiliation with Dogecoin, he replied, “No. “I haven’t touched it in 10 years,” he said. This reveals that the developer has moved away from the project and is not actively involved in its current development or direction.
Markus also talked about the common misconception that he is jealous of the success of other coins and tokens. In response, “I really don’t care. “I don’t like being harassed and attacked just for influence,” he said.
He went on to say that Dogecoin was created ten years ago to make fun of the “dumb” cryptocurrency landscape at the time. Today, he believes, the scene has become even more “dumb”, with people playing poker against each other and trying to throw their bags at each other. Markus’ main concern is the harassment he has seen from the community and he wants it to end.
Participants asked Markus about his plans for Dogecoin and crypto in general. “I will do this FAQ every 2 days,” was her tip-of-the-tongue response. The post offers an interesting look into the thoughts of the creator of one of the most well-known and memetic cryptocurrencies. He emphasizes that the creator of Dogecoin did not actively participate in the development of the project or represent the project in any capacity. It also reminds us that the original intention behind Dogecoin is a light-hearted parody of the cryptocurrency landscape.
New artificial intelligence company from Elon Musk: X.AI
Expressing that he is against artificial intelligence, Twitter CEO Elon Musk, X.AI Corp. He is starting a new Artificial intelligence (AI) company known as This artificial intelligence will be in direct competition with OpenAI. The new firm is registered in Nevada, according to a government filing filed the previous month. Musk is the sole director of the company and his close friend Jared Birchall is his secretary. cryptocoin.comAs you follow, AI startups are nothing new for Musk. He helped found OpenAI before quitting nearly a decade ago.
But after ChatGPT’s popularity skyrocketed, Musk pressed for control of the technology. Musk was also among the signatories of the open letter published by the Future of Life Institute urging tech executives to halt Open AI development for six months.
Musk suggested a different course of action in a tweet he wrote in February: “TruthGPT is what we need.” According to the billionaire, ChatGPT is too “awake” and “closed source.” Musk accused ChatGPT of aiming for maximum profit and being run entirely by Microsoft Corporation. The multi-company entrepreneur is known to have a particular fondness for the letter “X”. He recently renamed his company Twitter as X Corp. changed to. This is probably part of Elon Musk’s plan to create an “everything app” under the X brand!
As of now, Musk’s X.AI Corp. It’s unclear what he had in mind for him and whether he wanted to create a real ChatGPT competitor. Information is still missing. However, previous stories provide clues as to how Musk’s AI plans have evolved. Musk reportedly recruited scientist Igor Babuschkin and two other former DeepMind employees to take charge of the new venture in March. Musk was also allegedly trying to recruit OpenAI staff for the new job. It’s also already in talks with SpaceX and Tesla shareholders to raise money for its new business, as reported by the Financial Times.
What will be the future of Dogecoin (DOGE)?
At the time of this writing, DOGE is trading at $0.0817, up 3.73% in the last 24 hours. Experts expect an increase in crypto money with Musk’s announcement of this news. Recently, we’ve seen the rise of cryptocurrencies due to Musk’s social media presence. For example, when he tweeted that his dog is the new CEO of Twitter, the coin skyrocketed.
DOGE’s current trading volume in the last 24 hours is $369,727,866. Additionally, DOGE currently ranks eighth in cryptocurrency market cap. Meanwhile, the RSI line on the Dogecoin chart shows neutral momentum between the uptrend and the downtrend.
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