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> he's just meme-ing and not making huge bets on it but just playing around But that’s SO much worse! He’s coaxing his followers to dash out in front of a stea
by elliekelly 5y ago
> he's just meme-ing and not making huge bets on it but just playing around
But that’s SO much worse! He’s coaxing his followers to dash out in front of a steamroller to help him — a billionaire — pick up pennies. He’s “just playing around” with peoples’ life savings.
It would be far less reprehensible if Musk held sincere but misguided beliefs in Doge but “just meme-ing” is unconscionable. Especially for someone with his exorbitant wealth to do so at the expense of those with far fewer resources.
- Tenoke 5y agoMaybe it's worse, maybe it's not but the claim I was replying to doesn't apply to that. >Cuban and Musk are not savvy (crypto) investors. Just because they are rich and successful in one domain does not make them experts in others. Perhaps they are only surrounded by Yes Men who don’t attempt to educate them or advise when they are wrong/under-informed.
- refenestrator 5y agoIf someone worships Musk like he's a cult leader, that's on them. It's unreasonable to expect someone who's been shit posting on twitter for years to stop because people are for some reason taking him more seriously after Tesla 10x'd. He's always been a shit poster.
- disgruntledphd2 5y agoThe tweets of Elon Musk are official communications of Tesla, according to the SEC. That's what he got in trouble for a few years back, when he "decided" to meme himself a securities fraud violation.
- JumpCrisscross 5y ago> He’s “just playing around” with peoples’ life savings Not sure how much sympathy people putting their life savings into DogeCoin deserve, on the grand total diligence of a tweet no less.
- rchaud 5y agoIt's tempting to look at everyone engaged in these shitcoins as greed-obsessed lessers who are about to receive a comeuppance of biblical proportions when this inevitably tanks. But looking past that, who to you has the greater responsibility in this moment? The gambler who can't stop until he/she loses everything? Or the knowledgeable CEO that runs 2 companies, and yet can't stop himself from messing with people that don't know any better?
- tptacek 5y agoI think it's pretty reasonable to assign responsibility to both. We don't make gamblers whole again just because casinos are predatory.