Today, CZ personally stepped in on social media to clear up a rumor that had been repeatedly shared.
One story claimed that he once had a Shiba Inu named Riki and linked the dog to a certain meme coin. CZ responded directly: he never had that dog. The misconception originally came from a retelling in the Japanese edition of his autobiography, “Freedom of Money.” After being reposted several times, it gradually morphed into a story about him owning a Shiba Inu and helping a certain coin take off.
The fact that a founder who has already stepped down is still having to debunk rumors one by one says a lot. Narratives spread far faster than fact-checking in the crypto world. A sentence can be taken out of context, paired with an image, and spread across the whole community in just a few hours. Whether it’s true often matters less than whether it can be shared.
CZ’s response this time was simple: he didn’t use the opportunity to promote any project; he just set the record straight. In a market where attention is everything, people willing to take the time to correct the facts are surprisingly rare.
$BTC #Crypto market
One story claimed that he once had a Shiba Inu named Riki and linked the dog to a certain meme coin. CZ responded directly: he never had that dog. The misconception originally came from a retelling in the Japanese edition of his autobiography, “Freedom of Money.” After being reposted several times, it gradually morphed into a story about him owning a Shiba Inu and helping a certain coin take off.
The fact that a founder who has already stepped down is still having to debunk rumors one by one says a lot. Narratives spread far faster than fact-checking in the crypto world. A sentence can be taken out of context, paired with an image, and spread across the whole community in just a few hours. Whether it’s true often matters less than whether it can be shared.
CZ’s response this time was simple: he didn’t use the opportunity to promote any project; he just set the record straight. In a market where attention is everything, people willing to take the time to correct the facts are surprisingly rare.
$BTC #Crypto market
