Tesla CEO Elon Musk shared a video on the cryptocurrency Dogecoin DOGE 0.44% on April 1 in response to a tweet from Ark Invest research director Brett Winton about Bitcoin BTC 0.36%. In the tweet, Winton cites a conversation about bitcoin mining where he seemed to have a hard time explaining to his mom that bitcoin miners are computers on April Fools’ Day.
Musk replied to a meme video titled “D is for _ogecoin”, Musk said: Just show her this video and it will explain everything. It is reported that the short video shows the DOGE mascot’s journey to the moon. Dogecoin on rocket surpasses Bitcoin and other major cryptocurrencies as DOGE price surges. Winton replied to Musk: I’m afraid a memo is too far for her. (My 5 year old on the other hand is now frantically agitating for a Coinbase account).
Dogecoin co-founder Billy Markus commented on Musk’s tweet, calling the memo video the best cryptocurrency video in history.