After the Twitter logo was changed from the original blue bird to a cartoon image of the famous Shiba Inu Doge, the dogecoin cryptocurrency rose significantly in value and is now up 27% over 12 hours later. However, several bitcoin advocates expressed their displeasure at the logo change, with some insisting that Elon Musk was promoting “unregistered values” by making the change.
Doge’s logo change has upset a handful of bitcoiners, while others oppose discontent
On April 3, 2023, the Twitter logo was changed to a cartoon image of the popular Shiba Inu Doge meme, and the reason for the change is unclear. While the image is simply a cartoon of Doge, it has been directly associated with the dogecoin (DOGE) cryptocurrency meme asset. some even speculated that Twitter owner Elon Musk changed the logo to the Doge meme to mock a recent multi-million dollar lawsuit against him that claims his tweets artificially inflate the price of DOGE.
Meanwhile, major media outlets like Mashable tried to minimize Twitter’s logo changed calling it “corporate shaming” and insisting that the internet “reacted by laughing at (not with) Elon Musk.” Additionally, several bitcoin advocates tweeted their opposition to the logo change and criticized Musk for failing to highlight the leading cryptocurrency. BTC. An individual wrote, “Pumping unrecorded centralized securities again, (Elon Musk)?” Another person opined that “Dogecoin needs Elon Musk to win. Bitcoin doesn’t need anyone. That’s why we’re going to win.”
Elon’s silly little Doge hack is absolutely worth all the buzz it’s caused among salty Bitcoin maximalists.
“SECURITY NOT RECORDED” ok BitKaren 😏
— Joel Valenzuela (@TheDesertLynx) April 3, 2023
After the logo was changed, Twitter was flooded with posts from bitcoin supporters who were dissatisfied with the Doge logo replacement. “Dogecoin is not ‘money for the people’ as Elon Musk advertises. Bitcoin is,” tweeted Mark Harvey. “This is due to the size of the block. In a hypothetical world where both blockchains are fully adopted (all blocks fully filled with transactions), dogecoin would be significantly more centralized than bitcoin,” Harvey stated. Bitcoin author and educator Anita Posch stressed that the logo change was “a bit much.”
“This is really getting too much”, Posch saying. “What a forceful announcement for Dogecoin. I really loved Twitter, but since Elon has been around, everything is getting worse.”
Not everyone agreed with the bitcoin supporters who tweeted their opposition to the logo change. In response to the accusation of pumping “unregistered securities”, a person answered, “This new breed of Bitcoiner who is totally against the free market and pro-government regulation is confusing to me.” “(Elon Musk is) clearly trolling. Why are we so outraged?” another individual asked. While Posch reclaimed that “a lot of people will lose money” and that “it’s totally irresponsible,” others questioned the author’s argument.
“If people lose money because someone changes their bird logo to a dog logo, then they deserve to lose it. None of this is irresponsible,” one person said. tweeted to Posch.
Still, many Bitcoin advocates felt compelled to criticize the new owner of Twitter for changing the logo. “So, Elon Musk, how does changing the Twitter logo to a DOGE dog help you achieve your stated goal of ‘doing useful things for civilization?’ You are helping to distract yourself from the most important invention in human history since the Internet: Bitcoin. wrote Brett Morrison, executive director of truevote.org.
And, of course, several people. fired these views as closed-minded maximalism. “I would say the same about the maxis who are driving thousands of people away from Bitcoin with their arrogance. Doge could well end up being historically more important than bitcoin.” answered one person to Morrison’s complaint.
What do you think about the change of the Twitter logo to the Doge meme and the subsequent reactions of Bitcoin supporters? Do you think it was just a harmless logo change or do you agree with those who claim it promotes DOGE? Share your thoughts in the comments section below.
image credits: Shutterstock, Pixabay, Wiki Commons
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