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The official Dogecoin account on the X platform has cited <a href="https://u.today/690-million-doge-in-48-hours-after-elon-musks-statement-whats-happening" rel="noopener noreferrer nofollow">Elon Musk</a>’s recent tweet, where he talked about money and the economy in general. The DOGE team has basically agreed with the world’s most influential Dogecoin lover and added a thing about memes.
<blockquote class="twitter-tweet">
 Money is just a metaphor for value that exists in the minds of those who utilize it. A meme if you will.🙃 <a href="https://t.co/ZMBsNXFveb" rel="noopener noreferrer nofollow">https://t.co/ZMBsNXFveb</a>— Dogecoin (@dogecoin) <a href="https://twitter.com/dogecoin/status/1885628619873251724?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 1, 2025</a>
</blockquote>
<h2 id="doge-team-reacts-to-musk-s-statement">DOGE team reacts to Musk's statement</h2>
Elon Musk reposted a video excerpt from his interview where he speaks about various subjects, including money and economy. In that video, he referred to money as “just a database for exchange of goods and services.”
He stated that “money doesn't have power in &amp; of itself,” giving an example that a person stranded on a desert island would find a billion U.S. dollars in their bank account worthless there and would rather have a can of soup.
Today, he commented on that video excerpt and doubled down on his definition of money, saying: “The real economy is not money, it is goods &amp; services.”
The DOGE account supported Musk, adding an expanded definition to the idea of money, saying that it can also be considered a meme — the basis of Dogecoin: “Money is just a metaphor for value that exists in the minds of those who utilize it. A meme if you will.” <a href="https://u.today/elon-musks-money-statement-triggers-doge-teams-supportive-response" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Elon Musk's ‘Money’ Statement Triggers DOGE Team’s Supportive Response

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