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

Re:Elon Musk fans believe he can make Dogecoin the currency ... by redeux on Friday February 28, 2025 @08:53AM (#43205570)

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.

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Re:Elon Musk fans believe he can make Dogecoin the currency ... by sjsdaiuasgdia on Friday February 28, 2025 @09:00AM (#43205643)

Yes, I would say someone who is all-in on crypto is not good at critical thinking.

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Re:Elon Musk fans believe he can make Dogecoin the currency ... by gfkclzhzo on Friday February 28, 2025 @09:40AM (#43206118)

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.

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Re:Elon Musk fans believe he can make Dogecoin the currency ... by sjsdaiuasgdia on Friday February 28, 2025 @09:47AM (#43206199)

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."

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