Elon Musk appeared to support a call to end the Federal Reserve Bank in the United States after reposting a tweet from Utah Senator Mike Lee — who called for greater executive oversight over monetary policy and abolishing the central bank.
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0 sats \ 3 replies \ @Jon_Hodl 12 Nov
I bet he wants to replace it with his own version of a CBDC.
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0 sats \ 2 replies \ @ch0k1 OP 12 Nov
Lol or maybe the shitty Doge
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0 sats \ 1 reply \ @Jon_Hodl 12 Nov
Yeah, I was thinking that too.
I think the network security of DOGE is probably cheap enough for him to co-opt by purchasing enough of it's infrastructure that he can control the protocol itself.
I could see some sort of Trojan Horse scenario like that play out to appeal to the youth with memecoins that are easy to centrally control.
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0 sats \ 0 replies \ @ch0k1 OP 12 Nov
To be honest, I also was holding some DOGE before but luckily became maxi and swapped all for BTC.
I have no trust in projects that don't have circulation limits
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