Tag Archives: Dogecoin

Losers will be losers

That is the start of a weird trip. When you see winners, you will think of names like IBM and Microsoft. IBM I will leave alone, they have their own setting, one that does not sit well with me. That is their right and that does not make them a loser. They gave the world the Quantum computer, in 2019 IBM unveiled IBM Quantum System One, the world’s first integrated quantum computing system. That is the mark of a winner, something never seen before. IBM did it before, IBM will do it again. For me IBM does not seem the place to me and to them I am not the kind of person they desire. A mutual disinterest. This is fine, at some point one gives, the other one takes and vice versa. Microsoft became a loser, trying to protect themselves with spin after spin, yet the evidence is out there. Their ‘Tablet’ even with a keyboard never got close to what Apple had. Their  gaming solutions remained lagging behind Sony and Nintendo, what was the number 2 system became the number three system and will move to positions 4 and 5 soon enough. And then there was the web, Microsoft strong part, the web, their feigned strength. Surpassed by Amazon and his AWS until Microsoft became a no one. In my old mind Amazon should never have gotten that far, Microsoft dropped ball after ball and now Amazon leads that way, the way of the cloud and they are not done yet. But there is more. And this is why the path you were on was taken.

Elon Musk
Some call him (bad things), some see him as the second coming, some see him as a Midas in disguise, some see him as the next Steve Jobs. I see him as a Steve Midas. Like Steve Jobs he sees potential, he sees where the good stuff is and like Midas he turns that to gold. He will have successes and he will see failures. But overall there will be a lot more good then the other stuff. The mark of a winner. 

So when we see the news (at https://www.abc.net.au/news/2022-06-17/elon-musk-sued-for-367-billion-over-dogecoin-support/101162898) with the headline ‘Elon Musk sued by investor for $367 billion over ‘Dogecoin Crypto Pyramid Scheme’’ there are more papers all saying the same thing. The setting is “Keith Johnson, who says he lost money after investing in dogecoin, described himself as an “American citizen who was defrauded” by what he called a “Dogecoin Crypto Pyramid Scheme.”” You know what is weird? The way the media is milking it and protecting Keith Johnson. I have not seen ONE article telling us clearly who this Keith Johnson is. We merely get “Keith Johnson had claimed after losing all his money that “he was an American citizen defrauded by a Dogecoin Crypto Pyramid Scheme”” The media never got to the juice and they aren’t willing. It is so much more sexy to see Elon Musk bleed.

1. How much did Keith Johnson lose?
2. What evidence of a Ponzi scheme is there?
3. Who selected him as the spokesperson who lost money?

Not one media (I looked at dozens) give us these questions, the media is playing dumb, deaf and stupid all at the same time. It is the most vulgar of discriminations, they merely dislike Elon Musk.

Could this Johnson be correct? Well that is not impossible, but the FTC and all other kinds of institutions never raised that issue. And in all this, how much money did Elon Musk lose? The media did not mention that either did they? Perhaps he lost nothing, perhaps he made money by getting out in time and that is the stage of an investor. Invest, make money and cut your losses when it goes the wrong way. Crypto currency is one of the most volatile and most dangerous settings. People have asked me should they invest. I have always been clear. If you cannot afford to lose 100%, do not put it there. And this Johnson, or was it Keith Dick? Where did he invest in and how much did he exactly invest? What is his portfolio? The media is not giving us anything, are they?

The Dogecoin was at the maximum over the last 5 years $0.36, it fell to $0.078 today. The Bitcoin went from $82,556 to $27,684. Did anyone consider that the collapse of the Bitcoin would have fuelled fear in the Dogecoin too? Interesting that the media avoided that little hike. Then there is the stage that a loss of $55000 per coin beats the loss of $0.29 cents. But that might merely be me and all these parts have absolutely no setting towards the accusation of a Ponzi scheme. The setting of Keith Johnson seeking a limelight whore (as I personally see it) is staggering. He might be seeking the optimistic vagina (the vagina is always half full) with some participants. And the media is letting this happen. It is their digital currency, their clicks and they found the tool, the fact that  lot of them do not like Elon Musk is merely the icing on the cake. Yet when the scrolls unfold, when the truth and the facts come out, what excuse will the media give us? I see it as just another case of the media becoming obsolete. And as we see Elon Musk yet again being used, consider that he is the one creating a solution to houses having power, houses having electricity. In what universe did Keith Johnson amount to anything? He might have, but then the media did not inform us, did they?

So whilst we see the winners being under attack by losers who had no consideration of markets, of dangers and of dimensionality and there we see Keith Johnson and Microsoft align, one spins for as long as they can, hoping to find innovation, one spins a court case so that he can spin the fact that he never was anyone into a ‘fake champion of the people’. I see it as fake as he was self appointed, we see no evidence that he was ever anyone, the media seemingly has nothing. Do they?

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