๐จ Elon Musk Wants to Buy Ethereum and Rename it to Xthereum! ๐๐ฅ
๐ฐ Billion-Dollar Offer: Musk, along with a group of investors, made a bold proposal of $100 billion to acquire Ethereum, claiming that the network is overvalued and needs new direction.
โก Dominance Plan: If the purchase were accepted, Musk would have total control over the protocol, staking, and issuance rules, potentially transforming the $ETH into a stablecoin optimized for payments.
๐ Quick Rejection: The Ethereum community reacted with messages in the blocks: "Ethereum is not for sale!" Vitalik Buterin published an extensive article rebutting Musk, and the Ethereum Foundation dismissed any negotiations.
๐ Market Impact: The $ETH rose 1% after the announcement, but remains 48% below Bitcoin over the last 12 months.
๐ญ Will Musk insist or will the community resist? Share your opinion below! ๐
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.ย See T&Cs.
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