Market manipulation: Unhealthy?
To the untrained eye, this man appears to be the modern Da Vinci. Novel electronic payment systems, electric cars that drive themselves, out-of-this-world rockets that return to earth and land. It is hard not to be on board with all of these high-tech gadgets and momentous feats. Tied with Elon’s eccentric lifestyle, nonchalant “stick-it-to-the-man” attitude and a near constant reference to pre-existing lore; his use of meta and ability to sway his dedicated following is unparalleled in the modern era. Elon has used his heavily followed Twitter account as his main platform for pushing Stocks and Cryptocurrencies of his choice. In addition to this, Elon has even used a publicly traded companies namesake as literal bait for more individuals to endorse a cryptocurrency he is known to be heavily involved in (Dogecoin). This obvious market manipulation is dangerous for all connected financial ecosystems as Cryptocurrency is no longer isolated from the fiat world markets. A potential crash of a major cryptocurrency due to manipulation has the potential to ripple terrible economic effects across the world. 🍪
