Post
Topic
Board Altcoin Discussion
Re: Elon Musk sued for 258 billion USD over alleged Dogecoin pyramid scheme.
by
jaberwock
on 20/06/2022, 15:18:21 UTC
I'm sorry if there's another forum post about this topic. I couldn't find anything about this news, so I'm posting it here.
Elon Musk is about to get sued for alleged Dogecoin pyramid scheme. We all knew that his Dogecoin shilling will come back and bite him in the a$$. Grin
Is dogecoin a pyramid scheme? Is this a rhetorical question? Grin Any doge supporters here?

https://www.reuters.com/legal/transactional/elon-musk-sued-258-billion-over-alleged-dogecoin-pyramid-scheme-2022-06-16/
Don't worry I also think this was the first post here in the forum but I saw lots of this in my social media feeds. According to what I read elon isn't guilty about it. He didn't scam anyone but it was the fault of the people that follows what he tweets and I think Elon didn't tweet something like "buy doge coin as this is the best coin" tweets like that.

To the question if dogecoin is a pyramid scheme? I think no? Because, dogecoin still has some use case and many top platforms accepts it but a real pyramid scheme coin, cant be like that and the only way for them to gain a value is when more people gets in and then the founders will exit the project, taking all the money of their investors.