Elon Musk has released a DOGE video that "explains everything."

While responding to Ark Invest's Director of Research, Tesla's CEO made a video about Dogecoin.


Elon Musk, the CEO of Tesla, SpaceX, and a few other high-profile organizations, has created a joke movie about the meme coin, Dogecoin (DOGE).


Elon Musk shares a video about DOGE called “Explains Everything”
Elon Musk

Brett Winton, Director of Research at Ark Invest, had tweeted about Bitcoin miners, prompting this response. In terms of mining, the 19 millionth Bitcoin was created on April 1.


Winton has shared a joke that depicts a brief exchange between someone who is familiar with Bitcoin and Bitcoin mining and someone who is unaware that "miners" are pieces of hardware.


The mother, who is an old-school person who does not comprehend crypto and is unaware that miners are not only humans but also microchips, is the one who is uneducated.


Elon Musk responded by posting a video on Dogecoin that he claims "explains everything."



The movie shows a Shiba Inu dog (the DOGE symbol) riding a rocket that allows it to outperform Bitcoin and other big cryptos in terms of market capitalization. DOGE's price is surging, and the coin is heading "to the moon."


The movie also shows microchips used in the Proof-of-Work mining algorithm, which is utilized for Dogecoin, Bitcoin, Litecoin, and other first-generation coins and their offshoots.


Billy Markus, a co-founder of Dogecoin, has entered the conversation, calling this video the "greatest cryptocurrency video in history."


A commentator in the thread below Winton's tweet similarly expressed his frustration with his inability to explain Bitcoin to his wife. Another late-sixties Twitter user said that he doesn't comprehend Bitcoin but believes he's missing out on something significant.


Brenton commented that Musk's meme was too far for the guy in the original tweet. However, he revealed that his five-year-old son is already attempting to open a Coinbase account.