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February 17, 2021

Bitcoin Advocate Elon Musk Says There Will ‘Definitely’ Be a MarsCoin

By Daily Hodl Staff

Bitcoin advocate and Tesla CEO Elon Musk says an extraterrestrial crypto asset is coming.

In a series of tweets, the multi-billionaire entertains the proposal of Twitter user Mansour Shahrokh, who suggests Musk create a new crypto asset to solve the issue of Dogecoin (DOGE) supply concentration among its largest holders. 

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Says Shahrokh,

“Develop a new #ElonCoin, offer them to the existing non-major #Dogecoin holders to void their wallet. You wouldn’t need to pay $ to make those majors Dogecoin holders richer than they already are and allocate your time and support to make the ElonCoin the currency of the Earth.”

Musk says he will go to such lengths “only if necessary,” to which Binance CEO Changpeng Zhao replies and suggests a name for the coin.

“It is necessary. Maybe call it MarsCoin?”

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The tech magnate approves Changpeng Zhao’s suggestion and says “There will definitely be a MarsCoin.”

In December 2020, Musk brought up the idea of a MarsCoin when he replied to a discussion started by artificial intelligence researcher Lex Fridman about a crypto-based Martian economy.

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Featured Image: Shutterstock/Gorodenkoff