Musk frequently takes whatever has gone viral and says, "I like X". To spin that into a crypto scam is quite a stretch.
"intentionally drove up the price of Dogecoin more than 36,000% over two years and then let it crash." "the defendants 'profited tens of billions of dollars' at other Dogecoin investors' expense, while knowing all along that the currency lacked intrinsic value" 1-Do they have any proof the defendants bought Doge prior to the pump then sold before the dump? 2-Is it the defendants fault if other Doge investors didn't know it lacked intrinsic value? Frivolous lawsuit hoping a billionaire coughs up some bucks to cover losses from gamblers.
I bet that immature and mentally unstable Elon made sure to publish every single of his crypto exploits on social media. He just can't do it in silence. When you spent your entire life taking advantage of others, cheat others, but also work hard and completely isolate yourself from others then most likely your friendship count is a big fat zero. That's when the human mind goes nuts and some people then associate themselves with other weirdos like Trump and publish all sorts of garbage purely in the interest of garnering attention. Otherwise nobody would give a shit whether they have nothing, a billion, or a trillion. I for one could not care less about anything about Musk whatsoever. He represents pretty much everything I have no respect for.
Well, other than the money both earn, Musk is for me the polar opposite of Buffet, someone I have a tremendous amount of respect for.
Yeah, I agree. Considering that Dogecoin was created as a joke to begin with and that point was clearly stated as such all over the internet from the onset (thus the memecoin designation), it's going to be hard to pin the downfall of that so-called investment opportunity on Elon.
I would like to point out the obvious... Considering that Bitcoin was created as a payment method (aka currency)to begin with and that point was clearly stated as such all over the internet... And here we, once you let the cat out of the bag, you have no control over which way it runs. Now both BTC and Doge are investment (I mean gambling) vehicles. Original intent is irrelevant, shall we say?