Elon Musk Makes A Bet Over 1 Million Dogecoin (DOGE)

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Elon Musk has rediscovered his love for Dogecoin (DOGE) in current weeks. After the Twitter CEO quickly made the Shiba Inu – the mascot of the meme coin – the brand of the social media platform, Musk is now inflicting a stir within the Dogecoin group with a brand new wager.

Musk has provided through Twitter a reward of 1 million DOGE, the equal of about $83,500, to anybody who can show that he owns an emerald mine. The wager comes after Twitter account DogeDesigner (@cb_doge), well-liked within the Dogecoin group, claimed that Elon Musk by no means owned an emerald mine.

“An open provide of 69,420 DOGE to all of the media shops who’re publishing false data. Ship me a proof of its existence & take your DOGE,” wrote the influencer, with whom the billionaire has communicated continuously in current weeks. Musk replied, “I’ll pay one million Dogecoin for proof of this mine’s existence!”

Elon Musk by no means owned an emerald mine. @elonmusk

An open provide of 69.420 Doge to all of the media shops who’re publishing false data. Ship me a proof of its existence & take your doge. 🤣

📸 @dvorahfr pic.twitter.com/jx32wArKUP

— DogeDesigner (@cb_doge) April 12, 2023

What Is The Background To The Dogecoin Wager?

Media stories about Musk’s alleged possession of the emerald mine date again to 2014. In a Forbes interview that yr, Musk himself introduced consideration to the story.

Freelancer Jim Conflict performed an interview with Musk on the time, who was typically thought of a wunderkind. He instructed the emerald mine story as an informal anecdote about his now-deceased father, Errol Musk.

“That is going to sound barely loopy, however my father additionally had a share in an Emerald mine in Zambia,” Musk talked about, as additionally revealed by YouTuber and podcaster Cody Johnston through Twitter in response to the wager.

That is you discussing the mine. pic.twitter.com/KwfFFF3G1r

— Cody Johnston (@drmistercody) April 13, 2023

Again in January of this yr, the subject got here up once more. Musk denied the existence of the mine, tweeting, “The pretend emerald mine factor is so annoying (sigh). Like the place precisely is that this factor anyway!?”

Tech critic Paris Marx then acknowledged, “Musk and his household appear notably delicate about shaping the narrative about their historical past these days, particularly across the emerald mine. They act like they’ve by no means heard of it earlier than, though he bragged to Forbes about it in 2014.”

Oddly, the interview in query is not on the Forbes web site. Conflict, the Forbes creator on the time, instructed Futurism in January that he didn’t know why the journal deleted the interview. “I did interview Elon, he stated what he stated, and I don’t know why they’d take it down.”

At press time, the Dogecoin worth didn’t present a lot response to the brand new tweet by Elon Musk. DOGE was buying and selling at $0.8411, up 2,1% within the final 24 hours.