- “X Money is fiat, not crypto,” Shanter says
- Elon Musk confirms DOGE going to the moon
Renowned actor William Shanter, famous for his role of Captain James T. Kirk in Star Trek, and a crypto enthusiast, is taking part in the closed beta testing of the new product being prepared by Elon Musk for launch – X Money.
However, contrary to the long-term anticipation of the community to see crypto as part of this new payment platform, Shatner has stated that the connection of X Money to crypto constitutes zero.
“X Money is fiat, not crypto,” Shanter says
Shatner is helping Elon Musk to beta test the new feature that is to be rolled out on the X platform (known as Twitter in the past) – X Money. This has been a long-standing dream of Musk to launch an everything-app, which would include a platform for transferring and managing finances. It goes back to the late 1990s, when Musk founded X.com, but later rebranded it as PayPal.
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X Money is currently being tested only by US citizens, and William Shatner is helping to spread the word about the new app coming, as well as answering questions of the community on X about X Money.
Last year, X secured payment licenses in every single US state, which also included licenses related to crypto. This drove up the community’s expectations that Musk would finally add cryptocurrencies to X, Dogecoin in particular (Musk has been a long-term fan of this original meme coin). However, Shatner shattered those hopes when he tweeted on Sunday that X Money will have nothing to do with cryptocurrencies and will operate only using fiat money – USD, in collaboration with a “real bank.”
Elon Musk confirms DOGE going to the moon
In early February, the tech magnate returned to the topic of taking actual Dogecoin to the actual moon. Elon Musk responded to a meme tweet, saying “Doge on the moon is inevitable.” The future trillionaire stated a laconic “yes” in response to the tweet, hinting that the Doge-1 lunar mission is still on the agenda.
The community expects that when the lunar mission paid for with Dogecoin takes place, it will also send the price of the iconic meme coin “to the moon.” So far, however, Dogecoin is trading 87.73% below the all-time high reached in May 2021, $0.7376. At the moment, DOGE is changing hands at $0.09075 per coin.
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