It is unclear why the Twitter logo was changed on April 3, 2023, to a cartoon representation of the well-known ShibaInu Doge meme. The new logo was disliked by those who support bitcoin, and some claimed that Elon Musk was promoting “unregistered securities” by changing it. Anita Posch, a writer and educator on bitcoin, emphasized that the new logo was “too much” and criticized Musk for failing to emphasize the most popular cryptocurrency, BTC.
Tweets from proponents of bitcoin who were angry about the Doge logo’s replacement flooded Twitter. Elon Musk’s decision to replace the Twitter logo with a dog logo divided Bitcoin supporters, with some calling it reckless and others dismissing it as narrow-minded maximalism. Nevertheless, many Bitcoin advocates felt compelled to criticize Musk for distracting from the most important invention in human history.