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Home CRYPTO CARDANO

Charles Hoskinson Offers to Rebuild Dogecoin for Elon Musk — Here’s What’s Going On

Rhod Tipay by Rhod Tipay
October 31, 2025
in CARDANO, CRYPTO, DOGECOIN, FINANCE, OPINION
Share on XShare in TelegramShare on Reddit
  • Charles Hoskinson renewed his offer to help Elon Musk upgrade Dogecoin and make it X’s official currency.
  • He plans to use his old “Bitcoin 2” roadmap to boost Dogecoin’s scalability, speed, and reliability.
  • Despite no response from Musk yet, Hoskinson says he’s still ready and excited to collaborate.

Charles Hoskinson, founder of Cardano, is once again reaching out to Elon Musk with an offer to upgrade Dogecoin. Months after first proposing a technical overhaul in March 2025, Hoskinson has reaffirmed his readiness to help make Dogecoin the official currency of X (formerly Twitter). When a community member resurfaced his earlier pitch, Hoskinson replied that he’s still eager to build it — calling the idea “fun” and a chance to create something lasting for the X ecosystem.

The Plan: A “Bitcoin 2” Roadmap

Hoskinson originally proposed using his old “Bitcoin 2” roadmap as a foundation for transforming Dogecoin. The goal would be to enhance the meme coin’s efficiency, scalability, and reliability to handle millions of transactions seamlessly across X’s payment system. Despite months of silence from Musk’s camp, Hoskinson hasn’t given up. He says the project could blend Cardano’s proven tech with Dogecoin’s cultural energy — a mix he believes could redefine crypto usability on social platforms.

Previous Collaboration Attempts

This isn’t Hoskinson’s first offer to Musk. He once proposed a free blockchain solution for the Department of Government Efficiency initiative, which focused on transparent government spending. That plan was designed to use Bitcoin, Cardano, and its Midnight sidechain to track public funds securely. Though the project never materialized, Hoskinson’s persistence in offering scalable blockchain solutions to Musk highlights his ambition to align with major tech innovation.

Will Musk Finally Say Yes?

Elon Musk has long been Dogecoin’s biggest cheerleader, calling it “the people’s crypto” and integrating it into Tesla payments for select merchandise. Still, despite years of hints, Dogecoin hasn’t made its way into X’s payment system — not even in the recent X Money beta. Whether Hoskinson’s revived proposal finally gets Musk’s attention remains to be seen, but one thing’s certain: if they team up, the Dogecoin we know today could be reborn into something far bigger than a meme.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: CardanocryptoDogecoinFinanceopinion
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Rhod Tipay

Rhod Tipay

Rhod Tipay is an editor and moderator at BlockNews with more than five years of experience in the Web3 industry. A graduate of De La Salle University, he began his career as a social media marketing specialist before moving into blockchain-focused editorial work. At BlockNews, Rhod oversees content moderation and editorial quality, ensuring that reporting meets professional and ethical standards. His expertise in trading and community engagement, combined with a deep understanding of crypto culture, allows him to provide readers with credible insights into the fast-changing blockchain space.

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