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Bitcoin soars 14% after Elon Musk namecheck on Twitter

4 pointsby lpolovetsover 4 years ago

1 comment

orange_teeover 4 years ago
Moments like this make me realize how much of a joke the whole economy is. The fact that a person like Musk can have so much influence that he can print money by posting a single word tweet. The fact that there are Musk worshipers who pour their life savings into whatever Musk tells them to. Hypothetically, Musk could make or break a publicly traded company with a few remarks. And you know what? Wall St is paying attention and I bet it won&#x27;t be long before we see public influencers for securities.<p>And to realize that this market that behaves in this way is the backbone of the most advanced economy on earth.
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