— jack (@jack) June 6, 2023
In light of the SEC’s offensive, billionaires Jack Dorsey and Elon Musk expressed their views on Twitter, suggesting that Coinbase should refocus on bitcoin and Dogecoin, their preferred cryptocurrencies. Pierre Rochard, VP of Research at Riot Platforms and a bitcoin evangelist, initiated the discussion by sharing a tweet from Coinbase CEO Brian Armstrong from 2015. Armstrong had stated that Ripple, Stellar, and Altcoins were distractions, emphasizing the need to focus on bitcoin and sidechains. Dorsey and Musk both supported this sentiment, with Dorsey agreeing wholeheartedly and Musk suggesting that Coinbase should also prioritize Dogecoin, of which he is a major influencer.
