Elon Musk criticizes Web3, Jack Dorsey’s witty response

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Elon Musk, the world’s richest man and the founder of Tesla, is well-known for his Twitter trolling, with Web 3.0 technology becoming the latest target. He is a well-known proponent of Dogecoin (DOGE), having teased Bitcoin recently and recommended DOGE as a better alternative for daily transactions. “Has anyone seen web3?” Musk asked in a recent tweet. “I can’t find it,” he added, referring to the most prominent crypto trend after NFTs and Metaverse.

Web 3.0 technologies are the next level of internet technology that would push the internet forward. Web 3.0 includes blockchain and cryptocurrency, which Musk appears to be a huge fan of. As a result, his new trolling spree drew the attention of everyone, including former Twitter CEO and Bitcoin advocate Jack Dorsey.

The billionaire has been a target of Dorsey’s in the past, particularly during Musk’s anti-Bitcoin rants, when Dorsey invited him for a debate at the B-word conference. Dorsey answered with a witty tweet of his own.

Recently, as TheCoinRise reported, Binance CEO Changpeng Zhao also slammed the billionaire over the Doge withdrawal issue.

NFT is the recent victim of Musk’s attack

Musk is renowned for making fun of things he doesn’t comprehend, and Non-Fungible Tokens (NFTs) are certainly one of them. In 2021, NFTs have resurfaced in popularity, with certain early digital collectibles fetching millions of dollars. 

However, many people, including Musk, seem to be perplexed by the thought of individuals paying millions of dollars for JPEGs. He recently uploaded a meme mocking the concept of NFTs, which many people found baffling.

The crypto community has a divided opinion over Musk’s and his company Tesla’s behavior. Tesla first announced that it would accept Bitcoin payments, and the billionaire became the overnight hero for the community. Later, it canceled the BTC payment and now is saying that it will reconsider BTC payment in the coming future. The company recently announced the Dogecoin payment acceptance for selected merchandise, saying it is in a testing phase.

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