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Musk’s ’Bitcoin-Style’ XChat Reveal Met With Raised Eyebrows—And a Side of Crypto Deja Vu
Musk’s ’Bitcoin-Style’ XChat Reveal Met With Raised Eyebrows—And a Side of Crypto Deja Vu
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Elon Musk just dropped another tech grenade—this time, a blockchain-powered messaging play called XChat. Cue the collective sigh from engineers who remember when ’Web3’ wasn’t a punchline.
Why the skepticism? Because reinventing the wheel is getting expensive—even for a guy who monetizes rocket crashes. Meanwhile, Wall Street’s already pricing in the ’XChat Coin’ rug pull.
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