Hi,
Dogecoin is not thought to be useful for anything, just a meme, as already said.
BUT
1. If you want to bring Crypto to mainstreet, it could be a good idea to create a meme around it, to push people to buy it, and create a pump effect, to bring more people to be interested in cryptos.
2. Something created without any goal, left without any control on it, and that would become mainstreet wellknowned and spread, could be a good starting point to create a worldwide adopted money.
3. Someone with a very large amount of money, could finance new development and enhancement on such a crypto.
Just some thoughts...
They said the same about social media couple of decades ago when everybody laughed about online friendships instead of real friendships but nowadays there's billions following social media like a religion. In fact Social media now has more devoted followers now than all the world religions combined that it has gathered for the past thousands of years.
Youngsters are getting hooked into social media and 1st thing they come across is memes so yeah Elon is a clever guy and he is trying to monopolise the whole crypto market like bill gates did with Microsoft by getting the youngsters hooked young into meme coins that can be traded on its fashion status/new trends not on fundamentals. Turns the whole crypto market into a meme market where youngsters of the the future will value it on latest fashion trends not on fundamentals and these youngsters will see bitcoin as old fashioned.
Why is Elon tweeting he is working with Doge developers which could mean working with the doge owner himself to improve Doge transaction efficiency or something
This means Doge developers and Elon Tesla have partnered up?
Maybe or it's just to show that he's really interested to Dogecoin to improve it but isn't it that the developer of Dogecoin has abandoned the project long time ago and if he's ever to come back, what would be the purpose? he's paid by Elon? I think I've seen some tweet of the developer that it's just a show for Elon.
When did the owner of Doge called Elon a fraud? I bet he said that before Elon pumped Doge up? I dont think the Doge owner will be saying that with Elon helping him by pumping and promoting Doge.
A Dogecoin cocreator called Elon Musk a 'self-absorbed grifter' in a now deleted tweet after Tesla said it would stop accepting payment in bitcoinIs it true the 2 developers of Dogecoin abandoned the project years ago and 1 of the developers bought a used honda civic with his profits from doge and both of them are still not wealthy today? If so can the 2 doge developers legally claim profits from Elon Doge gains becaus ethey can say in court to the judge they created right not Elon?
Elon has Autism Asperger's. Its a mentally disorder of the brain.
It is known that some people with autism have the highest intelligence IQ that looks kind of Hidden behind the disorder. Symptoms are lack of social interaction and problems with communication.
Autistic kids has a fascination with 1 particular thing or field. Maybe as a kid Elon fascinated about travelling and going into space that's always on his mind.
It is also known that autistic kids can sometimes move on very quickly from something that they were interested in into now something new.
Ditching Bitcoin and going into Dogecoin because it has a cool picture of a dog on it is behavioural example of autistic Asperger's kids changing interest very quickly.
But I doubt autistic people have memory problems like Elon totally forgot about Bitcoin Energy consumption then realised it months later.
I could be wrong, but I don't buy this. His mental disorder is more like a superpower then, because I don't see autists speculating money so smartly like him. People with mental disorders have many difficults in life due to their unstable behavior, especially in financial life. It's common to speculate wealthy and excentric people have some level of autism, but in every cases I have seen, it's nothing more than speculation.
Elon Musk didn't reach to the top 2 of richest men of the world being a fool, so it's really interesting how he made his business accept bitcoin as payment, but some days later he retreated and said bitcoin is harmful to the environment. Of course there are informations behind the curtains we don't have access.
Yeah I said some of the smartest people on this planet are behind a mental disorder portrait or a disability. Professor Stephen Hawking for example.
Elon has Autism Asperger's. Its a mentally disorder of the brain.
It is known that some people with autism have the highest intelligence IQ that looks kind of Hidden behind the disorder. Symptoms are lack of social interaction and problems with communication.
Autistic kids has a fascination with 1 particular thing or field. Maybe as a kid Elon fascinated about travelling and going into space that's always on his mind.
It is also known that autistic kids can sometimes move on very quickly from something that they were interested in into now something new.
Ditching Bitcoin and going into Dogecoin because it has a cool picture of a dog on it is behavioural example of autistic Asperger's kids changing interest very quickly.
But I doubt autistic people have memory problems like Elon totally forgot about Bitcoin Energy consumption then realised it months later.
I don't know whether he is mentally unstable or not. But he has probably made billions in profit during the last few months, by promoting the Doge shitcoin. Now if his mental illness has caused it, then I hope that I will get that same type of mental illness. Let's not get carried away. Elon Musk is a businessman, similar to Bill Gates, Mark Zuckerberg, Jeff Bezos and Warren Buffet. All they cares about is money. For that they will manipulate the markets and do all sort of unethical things such as insider trading. Only the ordinary people will lose out.
I don't think he has trouble finding ways to earn money.
I mean one tweet from him can instantly generate a 2B$ revenue. I mean he can even now retweet "oh sorry finally we think we will continue using Bitcoin" and here are another 2B$ or more...
Plus I don't think he needs more money.
That's why I think his action is broader than just winning money, he is mandated by the government to :
- destroy bitcoin and cryptocurrencies
- control money flows to and from cryptos
- mislead people by publishing false information and giving false advice, to end up hating cryptos or loving a coin more than another
Doge is a cryptocurrency too so I don't see Elon attacking Doge
Doge is Proof of Work coin like bitcoin that uses energy mining too.
Can Elon turn Doge from PoW to PoS?
Wth even me typing this post is using Energy
[moderator's note: consecutive posts merged]
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