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Dogecoin or Tesla? Binance CEO starts Twitter raffle



After an exchange of blows on Twitter between Elon Musk and Binance CEO Changpeng Zhao, the latter is now playing the latest trick and starting a raffle: Tesla or Dogecoin - what can it be? 

Tesla boss Elon Musk is a long-time proponent of the crypto currency Dogecoin - but he doesn't think much of centralized crypto exchanges like Binance. And Musk has not tired of expressing this opinion on Twitter lately.

Binance founder and CEO Changpeng Zhao, who only calls himself CZ in crypto circles, is now responding with a bizarre raffle: Twitter users have the choice between a custom-made Tesla in Doge design or Dogecoin worth 50,000 dollars .


“I'm giving away a Doge Tesla and $ 50,000 in Dogecoin. Which of the two do you want? ”Wrote CZ on Twitter. Users should tweet and explain which of the two prices they prefer. Binance would then choose a favorite from the answers and send it the corresponding price. Further requirements for participation are that you have an account with Binance - and not only follow the company itself, but also Elon Musk on Twitter.

Twitter exchange of blows between Elon Musk and Binance boss CZ

That alone shows that the raffle is likely to be a reaction from CZ to the Twitter taunts from Elon Musk. This had recently spoken out repeatedly against Binance. On the one hand, by agreeing to a tweet that paraphrased the famous crypto motto “Not your keys, not your coins”. This saying, which means something like "Not your keys, not your cryptocurrency", reflects Musk's criticism of crypto exchanges. Because if you give the private keys to your cryptocurrency to someone else, you are no longer in possession of the currency itself. 

Elon Musk agreed with this saying with a simple "Exactly". Previously, the Tesla CEO had directly addressed the Binance boss CZ about dealing with Binance's Dogecoin customers and called them "dodgy" on Twitter.


CZ had teased back by sharing an article on Twitter about a recall of more than 12,000 Tesla cars in the United States.

The further interactions in the Twitter conversation remained polite, however, and the online arguments between the two never seem to turn into a feud. "I have nothing against him," confirmed CZ "Yahoo Finance" in relation to his Twitter dispute with Elon Musk. “I don't take it personally either. In my opinion this is a bit of a friendly banter and a little entertainment for the Twitter community. "

So the raffle should rather be meant as a winking reaction to Elon Musk and his tweets. However, depending on which price is considered more desirable by Twitter users in the end, the cheerful social media exchange of blows could go into the next round.

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