Former Twitter CEO mocks Vlad Tenev and his ideas on how to improve meme crypto
The Bitcoin maximalist and co-founder of Twitter, and his former CEO, entered the Twitter thread where Robinhood CEO Vlad Tenev and Elon Musk were discussing how to improve DOGE and make it the currency of internet and people.
If previously Dorsey poked fun at Robinhood over listing SHIB, now he seems to be doing the same in relation to DOGE.
Tenev suggests improvements to DOGE, gets response from Musk
Earlier today, the manager of investment app Robinhood that listed SHIB earlier this week and previously added support for Dogecoin posted a Twitter thread related to the original meme cryptocurrency.
Tenev proposed several improvements to the meme coin, including diminishing transaction fees and block time. In this way, Tenev believes, DOGE will be able compete with Visa and other major payment networks that operate using cards.
He proposed to increase the block size of Dogecoin to 10 gygabites. Elon Musk chimed in then, saying the size of the DOGE block should keep pace with the rest of the internet.
Bitcoiner Dorsey trolls Robinhood CEO over DOGE
The former Twitter CEO responded to Tenev’s thread, asking if Vlad was thirsty. Some commentators began asking Dorsey if he had any ideas to improve DOGE.
However, that seems to be Jack’s only contribution to the discussion.
Previously, he also took a jab at Robinhood in the comment thread when the platform announced it had listed SHIB.
At the time, Vlad Tenev trolled Dorsey with a question about adding an “edit button”, originally suggested by Elon Musk, who first bought 9.2% of Twitter shares and made yesterday an offer to buy Twitter for $41 billion in cash ($54.20 per share) to turn Twitter into a decentralized platform for free speech.
Dorsey is a Bitcoin maxi; in the past, he trolled the Ethereum community a couple of times, calling ETH a scam.
Twitter shareholders reject Musk’s offer
Following the Tesla boss’ offer to buy Twitter and take it private, it was announced today that Al Waleed bin Talal Al Saud, a Saudi billionaire businessman and investor, has refused to sell his participation in Twitter. He reminded Musk that he was also a long-term investor in the company. However, he doesn’t think, given Twitter’s potential, the price Musk offered was fair.
Aside from that, Musk is no longer Twitter’s single biggest shareholder. Asset manager Vanguard Group has increased its stake to 10.3% (that is 82.4 million shares), thus beating Musk’s status as the biggest shareholder.
Elon warned that if his offer was not accepted, he would have to reconsider his shareholder status, which many read as a threat to get rid of all his Twitter shares.
