The official Dogecoin account on the X platform has cited Elon Musk’s current tweet, the place he talked about cash and the economic system on the whole. The DOGE staff has mainly agreed with the world’s most influential Dogecoin lover and added a factor about memes.
Cash is only a metaphor for worth that exists within the minds of those that put it to use. A meme if you’ll.🙃 https://t.co/ZMBsNXFveb
— Dogecoin (@dogecoin) February 1, 2025
DOGE staff reacts to Musk’s assertion
Elon Musk reposted a video excerpt from his interview the place he speaks about varied topics, together with cash and economic system. In that video, he referred to cash as “only a database for alternate of products and providers.”
He acknowledged that “cash does not have energy in & of itself,” giving an instance that an individual stranded on a desert island would discover a billion U.S. {dollars} of their checking account nugatory there and would quite have a can of soup.
At the moment, he commented on that video excerpt and doubled down on his definition of cash, saying: “The actual economic system isn’t cash, it’s items & providers.”
The DOGE account supported Musk, including an expanded definition to the concept of cash, saying that it may also be thought-about a meme — the idea of Dogecoin: “Cash is only a metaphor for worth that exists within the minds of those that put it to use. A meme if you’ll.”
