Elon Musk's Secret Funding for DOGE Coin Development: Insights from His Authorized Biography

Elon Musk's association with DOGE coin, the inception of a blockchain-integrated social media idea, and much more come to the forefront in his soon-to-be-published biography.

Dive into the enigma of Musk's tech endeavors and the world of cryptocurrencies.

Elon Musk's Upcoming Biography Unveils Intriguing Details

Scheduled for publication on September 12, 2023, the authorized biography titled "Elon Musk" is said to reveal Musk's discreet funding towards the development of DOGE coin.

It also delves into his contemplation of crafting a social media platform anchored on blockchain technology.

Walter Isaacson, the acclaimed author of this biography, shed light on these details in an article published in 'The Wall Street Journal' on August 31, 2023.

Esteemed cryptocurrency journalist 'Wu Blockchain' has also reported on some of these revelations.

Glimpses from the Biography: Investments, Blockchain, and Twitter

In addition to his secretive backing of DOGE coin and his thoughts on a blockchain-centric social media creation, the biography discloses that Sam Bankman-Fried's attempt to assist in Twitter's acquisition with a $5 billion investment eventually failed.

The mutual perception of each other as 'crazy' also gets highlighted.

The excerpts published in 'The Wall Street Journal' from "Elon Musk" provide insights into the background of the Twitter acquisition.

An especially noteworthy segment from the cryptocurrency world's perspective concerns a lunch conversation Musk had with his brother, Kimbal Musk.

During this chat, Musk apparently conceived the idea of integrating a payment system using DOGE coin into a new blockchain-based social media platform.

Despite acquiring Twitter, Elon Musk continues to champion DOGE coin. In April this year, he even changed Twitter's icon to the DOGE logo.

Currently, Twitter has incorporated features like real-time cryptocurrency price checks.

Recent reports also suggest that 'X' has obtained a 'currency transfer license' in Rhode Island, USA, to offer cryptocurrency wallet services, further emphasizing the growing anticipation around 'X' and Musk's future endeavors.