1452
submitted 1 year ago* (last edited 1 year ago) by Ghostalmedia@lemmy.world to c/technology@lemmy.world
you are viewing a single comment's thread
view the rest of the comments
[-] 4am@lemmy.world 1 points 1 year ago

I think a big part of it was that he announced he’s buy it for a ridiculously over-valued price and their stock surged as people bought in so they could get a slice of the pie.

If he didn’t follow through that would have been clear stock manipulation and, unlike dogecoin, there are more severe repercussions for that…

[-] Eldritch@lemmy.world 1 points 1 year ago

That's just an argument for not having billionaires who can do that sort of thing though. Especially fucking morons like Elon who've accomplished nothing of real note in his life beyond having money. Though sadly in America and much of the West that's all you need to have for people to worship you. We really are a bunch of sick monkeys.

this post was submitted on 16 Jul 2023
1452 points (98.6% liked)

Technology

60052 readers
2845 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS