Changpeng Zhao Proposes Cryptocurrency Named SpaceXcoin to Elon Musk

| Updated
by Teuta Franjkovic · 4 min read
Changpeng Zhao Proposes Cryptocurrency Named SpaceXcoin to Elon Musk
Photo: Cz / Instagram

Crypto community has made numerous attempts to lure SpaceX’s and Tesla creator Elon Musk into the crypto family. The latest try comes from Binance’s CEO offering Musk make his own coin called ‘SpaceXcoin’.

Binance’s CEO Changpeng Zhao took to Twitter calling Elon Musk to make his own coin called ‘SpaceXcoin’ in order that space exploration becomes funded globally using crypto. He says investors shall have their names inked on the blockchain in that way.

It’s already known that SpaceX’s and Tesla CEO Elon Musk likes to troll Twitter community because he is obviously aware that every and each one of his tweets are bringing turbulence to everything he’s talking about.

Just recently he came (again) in the center of crypto attention when he publicly praised Dogecoin calling it his favorite cryptocurrency.

He was also speaking highly about Bitcoin before by saying:

“It bypasses currency controls … Paper money is going away. And crypto is a far better way to transfer values than a piece of paper, that’s for sure.”

However, it didn’t seem that he is personally interested in some bigger investments. ‘Au contraire’ – he even said that it seems “very energy intensive to create Bitcoin at this point” and it may not be “a good use of Tesla’s resources to get involved in crypto.”

By all means Elon, but think about what you could do if you had your own cryptocurrency – made by your own standards? At least those are Binance’s Zhangpeng Zhao’s exact thoughts.

He tweeted calling Musk to jump on the crypto bandwagon by teasing a proprietary SpaceX cryptocurrency.

Just for a reminder, a few days ago, Musk drew in the entire crypto community to the mass hysteria. Twitter simply said “Ethereum”. Minutes later, Musk jokingly followed up by tweeting “jk (just kidding).”

At one point, Musk even asked Ethereum co-founder Vitalik Buterin to explain what can be developed on the Ethereum blockchain. Buterin went on immediately with at least 5 suggestions saying:

“My top picks (1): * A globally accessible financial system, including payments, store of value, also more advanced stuff like insurance * Identity: “sign in with Facebook” -> “sign in with an ethereum account, no intermediaries”. Also web of trust…”

He also added:

Though Musk still didn’t respond to Zhao, the crypto community went with further questioning on which blockchain should this space exploration be done. That is then responded by Binance’s official Trust wallet as “Binance Chain”, which is a recently launched native blockchain by Binance exchange.

Elon Musk Satoshi Nakamoto?

There were also talks that Elon Musk is the real Satoshi Nakamoto. These suspicions were made mostly on the facts that the 2008 Bitcoin paper was written by someone with a deep understanding of economics and cryptography and Elon has a background in econ and wrote production-level internet software for Zip2 and / Paypal.

However, Musk, has denied that he was Satoshi Nakamoto and going on to add that he had lost the Bitcoins which were sent to him a few years back.

He even added that Satoshi deserves a Nobel Prize for “delayed gratification,” given that he/she/they owned a fortune in cryptocurrency but never spent a dime, other than for testing purposes.

Despite his praise for Bitcoin, Musk says he doesn’t possess any cryptocurrency at this time.

However, some people believe that his love for technology and courage to gamble on brave and potentially world-changing ideas makes his future embrace of cryptocurrency inevitable.

After all, if someone’s going to take cryptocurrency to the space, it makes sense that it would be the founder of SpaceX.

Altcoin News, Binance News, Bitcoin News, Cryptocurrency news, Editor's Choice
Teuta Franjkovic

Experienced creative professional focusing on financial and political analysis, editing daily newspapers and news sites, economical and political journalism, consulting, PR and Marketing. Teuta’s passion is to create new opportunities and bring people together.

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