Tesla CEO Elon Musk continues to talk about his favorite cryptocurrency Dogecoin (DOGE). Musk targeted cryptocurrency exchanges after he had a brief argument with Binance CEO Changpeng Zhao.
In a recent tweet, the billionaire implied that he favors withdrawing funds from centralized cryptocurrency platforms so that Dogecoin holders can control their private keys.
Musk had previously supported the idea of “not your keys, not your crypto”. The popular name tweeted in February that any cryptocurrency wallet that does not allow users to control their funds should be “avoided at all costs.”
At the time, Musk also claimed that the now-defunct cryptocurrency exchange Mt. He posted a Chuck Norris meme about Gox.
Crypto holders are concerned about keeping their crypto on exchanges due to possible attacks or other events. However, there are also those who believe that beginners should not keep their crypto to themselves, as the process is too cumbersome and can result in loss of funds.