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Elon Musk fans believe he can make Dogecoin the currency of Earth

10 points by LorenDB 2y ago

sjsdaiuasgdia 2y ago
People who remain fans of Musk given current events aren't prone to critical thinking, so this tracks.
- redeux 2y ago
  I don’t align with Elon but I’m not sure that’s true. For example I know someone who’s all in on crypto and abstained from voting in the last election because he didn’t want to vote for Trump but was afraid of what Kamala would do to his crypto portfolio for obviously self serving reasons. Does that mean he lacked critical thinking skills? I would say no. It means his priorities don’t align with the public at large. If anything people who support Elon potentially lack system thinking stills but I think many of them are thinking critically about what’s directly important to them.
  - sjsdaiuasgdia 2y ago
    Yes, I would say someone who is all-in on crypto is not good at critical thinking.
    - gfkclzhzo 2y ago
      Curious - what's your crypto exposure? I'm starting to diversify into it as a hedge against the collapse of the US dollar. Definitely not all-in though. I'm anti-fasicist today, but I wonder if I'd be a Muskovite had TradeHill not kept 'my' bitcoins when it closed in the early 2010s.
      - sjsdaiuasgdia 2y ago
        I've kept a close eye on the crypto world since 2010 or so. I find it fascinating how it continues to draw in rubes. The only cryptocurrency I've ever personally "owned" was acquired when Roger Ver tipped me a very small amount of bitcoin because when he asked a very stupid question on Reddit and I anonymously answered. I didn't do anything with it. The question was about gambling. He pretty much asked, "Can't I just put money both sides of the bet and come out on top regardless of outcome?" This anecdote also aligns to "people who are all-in on crypto might lack critical thinking skills."
gfkclzhzo 2y ago
Is Dogecoin really a 'memecoin'? Is Musk involved in any way? My understanding is that it's from the original doge meme wave and was responsible for the dogeification of Musk. It seems like a FOSS community project that started as a meme and snowballed into a 2nd tier coin. It doesnt smell very musky to me. https://dogecoin.com/ https://dogecoin.com/
- lawn 2y ago
  Musk has used Dogecoin as the vehicle of a pump and dump before, where he has promoted the coin and at one point made Tesla accept it for payments. After that he lost interest (the dump part).
pmdulaney 2y ago
Can you say 666?

10 points by LorenDB 2y ago

sjsdaiuasgdia 2y ago

People who remain fans of Musk given current events aren't prone to critical thinking, so this tracks.

redeux 2y ago
I don’t align with Elon but I’m not sure that’s true. For example I know someone who’s all in on crypto and abstained from voting in the last election because he didn’t want to vote for Trump but was afraid of what Kamala would do to his crypto portfolio for obviously self serving reasons. Does that mean he lacked critical thinking skills? I would say no. It means his priorities don’t align with the public at large. If anything people who support Elon potentially lack system thinking stills but I think many of them are thinking critically about what’s directly important to them.
- sjsdaiuasgdia 2y ago
  Yes, I would say someone who is all-in on crypto is not good at critical thinking.
  - gfkclzhzo 2y ago
    Curious - what's your crypto exposure? I'm starting to diversify into it as a hedge against the collapse of the US dollar. Definitely not all-in though. I'm anti-fasicist today, but I wonder if I'd be a Muskovite had TradeHill not kept 'my' bitcoins when it closed in the early 2010s.
    - sjsdaiuasgdia 2y ago
      I've kept a close eye on the crypto world since 2010 or so. I find it fascinating how it continues to draw in rubes. The only cryptocurrency I've ever personally "owned" was acquired when Roger Ver tipped me a very small amount of bitcoin because when he asked a very stupid question on Reddit and I anonymously answered. I didn't do anything with it. The question was about gambling. He pretty much asked, "Can't I just put money both sides of the bet and come out on top regardless of outcome?" This anecdote also aligns to "people who are all-in on crypto might lack critical thinking skills."

gfkclzhzo 2y ago

Is Dogecoin really a 'memecoin'? Is Musk involved in any way? My understanding is that it's from the original doge meme wave and was responsible for the dogeification of Musk. It seems like a FOSS community project that started as a meme and snowballed into a 2nd tier coin. It doesnt smell very musky to me. https://dogecoin.com/ https://dogecoin.com/

lawn 2y ago
Musk has used Dogecoin as the vehicle of a pump and dump before, where he has promoted the coin and at one point made Tesla accept it for payments. After that he lost interest (the dump part).

pmdulaney 2y ago

Can you say 666?