Powerful person by their assets and money but i think its not excuse to play the market because of their posting on social media. But of course its up to traders if they bet what they have,and listen to this billioners people to what they posting on social media.
These social media influencers are so popular that a small hashtag like #dogecoin might pump the market beyond logic. I mean the market is massive but still these big guys can play however they want just because of their brand value.
It would be interesting to know the opinion of "real" f ans of cryptocurrencies who want its total recognition - what they will say when, because of one hashtag about Doge, the SEC suddenly comes and starts saying that" you are pushing the hashtag on the market! thats the market manipulation!». Same as with ordinary shares.
It's very funny that Dorsey's asshole loves BTC so much, even though he really likes to control everything around him. Twitter turned into a garbage dump thanks to his "right" decisions and now they have also build a real system of denunciations. Dorsey has built his own Cyber-GULAG and says he loves things that can't be controlled. A bit ironic, isn't it?
Haha good to see people hate him as much as I do and yeah its a bit ironic but more such guys into Bitcoins means more respect and recognition for Bitcoins so I don't mind a few assholes investing into Bitcoins despite hating them because of their power and position and their ability to influence the market.
I think Dorsey is a hypocrite simply because he does things that are completely mutually exclusive at the same time. Build a system of total control and extensive functionality for denunciations and at the same time maintain the free circulation of money and anonymity.