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Habits of Insects
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this post was submitted on 15 Nov 2024
1014 points (99.0% liked)
Science Memes
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Why are people saying that it was named after a cryptocurrency?
Isnt the dog the first thing people think of when seeing "doge"?
Its reasonable to make the connection to the coin, as this particular cryptocurrency was propagandized and manipulated by musk, who will be running the agency.
Wouldnt it be possible that he just likes the doge meme, promoting a cryptocurrency that is named after it?
No, he likes money. Remember a few years ago when he tweeted about how great dogecoin was? Then a week later he tweeted about how stupid is was and that he was done with? He probably made millions buying and selling dogecoin as he made those tweets. There a huge conflict of interest when it comes to celebrities endorsing crypto coins. If you have the pull, you can just buy a bunch of some shit coin, talk it up and then all the people who look up to you to will go buy it, pumping up the price while you sell and make a huge profit. Then the value crashes back down and everyone who bought is left holding the bag. Whenever some famous person talks about a crypto, 100% of the time it is a grift to skim money from their follower's pockets.
True! It was then technically named after a meme...which the coin named itself after, as it was supposed to be a "meme coin".
Still stands though.
"Government agency named after meme. Such dumb. So chaos. Woooooow." Lol