rewrite this content using a minimum of 1000 words and keep HTML tags
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.
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.
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.
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.
and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this
Source link
