Elon Musk , richer than God and therefore a trusted reservoir of investment advice for somebody , has pivoted now to offer some serious advice about the dangers of meme currentness . He provide previously unshared selective information : Doge ’s only tangible value is hype , and HODLers may reach cost find and then realize they ’ve run a risk on the sustainability of a meme and betray sell sell ! Oh . Anyway , that ’s a little plausible deniability for when he shows up in a Shiba Inu suit on Saturday Night Live tomorrow , which means buy buy bargain !
Last month , the lil scoundrel twitch :
The Dogefather
Photo: Britta Pedersen (Getty Images)
SNL May 8
Last night , Musk sound a bit more concerned that he want to hedge on record , twirp : “ Cryptocurrency is promising , but please adorn with cautiousness ! ” ( In the day follow tweet one , Doge rose 94 % . )
But , in distinctive Musk manner , he ’s associate a TMZ video of a warning , flash wink . ( embed below ) Is it a admonition ? It is . Or is it ? Here ’s a gravelly play - by - play :
He starts in the risk zona :
TMZ : “ Elon , do you mean Dogecoin could be the next currency for the world ? ”
Musk : “ Well there ’s presently a pull to say what do you need ? ”
TMZ : “ I want it to go , I ’m in , I ’m in . ”
Musk : “ Okay , so then , I think it should be the will of the hoi polloi , ya know ? ”
Cogs turn :
TMZ : “ Well , is there a problem because there ’s a … because it ’s not like Bitcoin with a limited issue of coin , and it can just spread out infinitely , do you think that fetch away the value of the coin ?
Musk : “ Uhhh … yes , it does ” [ laughs ] . “ People should not invest their liveliness savings in cryptocurrency , to be clean . I think that ’s inexpedient . ”
Somewhere , a lawyer ’s centre flatlines :
Musk : “ But if you require to sort of , you know , job , and rather like , I dunno , perchance have some fun ? There ’s a good chance that crypto is the future currency of Earth . And then it ’s like , well which one is it gon na be ? And maybe it ’ll be multiple . ”
capitulate … :
Musk : “ But it should be see speculation at this point . Do n’t go too far on the crypto conjecture part . ”
🚨 🚨 WRAP IT UP 🚨 🚨 :
Musk : “ The point is that Dogecoin was invented as a gag , essentially to make fun of cryptocurrency . And that ’s why — I consider there ’s like an argument , like fate loves caustic remark . The most entertaining outcome is — what would be the most wry outcome ? That the currency fabricate as a joke in fact becomes the actual currency . ” [ Shrugs ]
TMZ : “ perfectly , to the moon ! ”
Musk : “ To the lunation ! ”
Voice behind the camera shouting : “ My Dogecoin conk out up because you tweeted ! You ’re astonishing ! ”
Musk slides into a blue jet - black Tesla .
Ass cut across :
Man in crowd : “ What do you think Elon , one more tweet ? ”
Musk : “ Uh — well , like I enunciate , do n’t take too much risk on crypto ! ”
What a rollercoaster . Doge mount by about 10 % in the dayspring hours .
Today , Bloombergreportedon cryptocurrency analysts who are sap of this dance , which they comprehend as trivializing blockchain technology and providing unworldly investors an electric outlet for risk . Especially if , as BKCoin Capital found school principal Kevin Kang suggest , large investors knock down correctly before the SNL appearance .
SNL cast members also expressedthinly veiled distasteabout joking around with an lewdly flush shit - scaremonger whoillegally tweetedanti - union messaging , ground on the NLRB ’s determination that Musk ’s tweet threatened employees , and whose companyillegally burn an organizerfor attempting to unionise after uninterrupted reports of dangerous working conditions athis factories . SNL ’s cast members have all choose to perform with him .
Will he practise his right to remain soundless ? 53 million followers await .
BitcoinCryptocurrenciesDogecoinElon MuskHyperloopTechnology
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