Quote from: Abiky on Today at 07:32:14 AM

Quote from: Reynaldo on February 12, 2025, 01:26:05 PM

Looking back at this 2021 thread is pretty interesting given what's happened since then. The Doge SNL appearance feels like ancient history now that we've seen Musk's full playbook with X/Twitter payments and the whole CBDC situation.
Let's be real - Musk has always played both sides of crypto. Remember Tesla's Bitcoin flip-flop? Now he's pushing for X payments while Trump's executive order about CFPB oversight is making waves in the payment space. Classic case of big players using crypto when it suits their agenda.
The CFPB order is particularly spicy timing considering X's payment ambitions. You've got Musk trying to build his "everything app" payment system while regulatory pressure is ramping up. Almost feels like 2021's Doge pump was just a test run for what's happening now.
Bottom line: Follow what they do, not what they tweet. The real story is always in the regulatory moves and business plays, not the memes.

Elon Musk uses cryptocurrency meaningfully, not just for its sake. He uses it opportunistically to make changes that influence other markets. CFPB's decision of overwatch could sabotage Musk’s plan of betting off for those markets. The outlook for all these markets is their present and future side by side. DOGE in cycles has expected growth, showing signs of similar price transition over short periods. Just my two sats.

Exactly!
This showed from the surge in DOGE coin's market value since he has taken the helm of the department of government efficiency or what he decided to have everyone call it D.O.G.E.

https://defi-planet.com/2025/02/elon-musk-sparks-5-doge-surge-amid-reddit-threat-controversy