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HomeCrypto NewsMarketCardano Founder Renews Offer to Elon Musk — Here’s What It Is

Cardano Founder Renews Offer to Elon Musk — Here’s What It Is

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Charles Hoskinson, the founder of Cardano, has once again reaffirmed his commitment to improving Dogecoin and transforming it into the official currency of X. 

Hoskinson’s renewed comments follow a Dogecoin community member resurfacing his March 2025 proposal to Dogefather Elon Musk.

In that proposal, Hoskinson offered to help upgrade Dogecoin’s technical framework to make it more efficient and reliable, ultimately positioning it as the standard currency of Musk’s social media platform, X.

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The Cardano founder noted that he already has a blueprint for the initiative—an old Bitcoin 2 roadmap he developed years ago—that could help guide Dogecoin’s transformation.

However, several months later, the two have yet to collaborate on the initiative, prompting a Dogecoin community member to remind others about Hoskinson’s proposal.

Hoskinson Still Committed to Building Dogecoin

Responding to the reminder, the Cardano founder emphasized that he “would love to build it,” potentially fixing up Dogecoin and making it the official currency of X. He also noted that it would be fun to work on the project.

Hoskinson’s renewed remarks underscore his continued enthusiasm for a potential collaboration with Elon Musk. Indeed, the Cardano founder has been preparing for a possible engagement with Musk. Last year, he remarked that people only get a once-in-a-lifetime opportunity to meet someone as influential as Musk, emphasizing that he is saving his for something big.

Beyond Dogecoin itself, Hoskinson had previously offered Musk a free blockchain solution to support the Department of Government Efficiency (DOGE) initiative, which aims to track U.S. government spending.

At the time, Hoskinson hinted at plans to leverage the combined strengths of Bitcoin, Cardano, and its privacy-focused sidechain, Midnight, to achieve the goal.

Will Musk Make Dogecoin the Official Currency of X?

Indeed, Musk has publicly supported Dogecoin since 2021, making bullish posts that fueled the token’s price appreciation. In 2022, he subtly agreed with Robinhood CEO Vladmir Tenev’s proposal to make DOGE “the official currency of the internet.”

While Tesla currently accepts Dogecoin as payment for select merchandise, Elon Musk has yet to announce any plans to adopt DOGE as the official currency of X. Even the ‘X Money’ system, launched in limited beta earlier this year, has yet to roll out support for DOGE.

It remains unclear whether Musk intends to make Dogecoin the platform’s native currency or collaborate with Charles Hoskinson to bring that vision to life.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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