Tag Archives: Keith Johnson

Check out this Johnson

Yes, I could not resist. Even as some media places keep on attacking Elon Musk. I see a larger need to look behind me and even as the Media will not (it does not serve their purpose), I feel it is important to be fair to Elon Musk. The first item on the agenda is Keith Johnson, the person who is allegedly representing people in a class action. So whilst we take notice of ‘Keith Johnson v. Elon Musk et al: Class Action Complaint (‘Dogecoin fraud’)’ and we take notice of the list of defendants (Elon Musk, Space Exploration technologies Corp., Tesla Inc.) as well as the allegation ‘Fraud’, we need to take note of the attorney for Keith Johnson ‘Evan Spencer’. We start this rollercoaster. 

In the first there is “Keith Johnson, a dogecoin investor, sued Musk in June, accusing him of intentionally driving up dogecoin’s price by more than 36,000 percent between 2019 and 2021 and then letting it crash, causing huge losses for retail investors while profiting tens of billions of dollars himself.” In December 2013 – December 2019 the value went from $0.04 to $0.2. After that the value in December 2020 rose to $0.47 (as the graph by Statista clearly shows), After that the Dogecoin took a massive rise (to the value of $30.63 in April 2021). 

It started fluctuating then to $17.16 in December 2021. As such the value went up by 3600% (from $0.47 to $17.16) so what the hell is this Johnson crying like a baby about? And where does he get the tenfold difference from? The media is clearly not looking into this. Also, the value increased in that time by 3600%, not decrease by anything. Over the time until October 20th 2022 the value did decrease to $5.89, yet that is still a massive increase from $0.47, so where are these numbers coming from? My numbers come from Statista a reliable source for data. So then we get “Johnson is seeking a total of $258 billion in damages, representing three times the drop in dogecoin’s market value between May 2021 and the time the suit was filed.” Yes, that sounds nice, but lets take a look at a small detail. “Defendants were aware since 2019 that dogecoin had no value yet promoted dogecoin to profit from its trading”, yes profit through trading. This is where losers and pussy’s (like Johnson) lose their wealth, or whatever wealth they THOUGHT they had, because in no form did he had the cash to lose out to even $20 million dollars. Of course I could be wrong and he will have to show evidence of that. And then we get the ‘class’ action. Where is the list of defendants? I have not once seen any media look into that. Another Musk bash and a tool (Johnson) allegedly eagerly used for digital dollars. 

In addition we also get “The amended suit added The Boring Company as a defendant”, so who is the Boring company, what is its value, who are their directors and members of the board? If it is TBC (if they are one and the same) that  company has a revenue value below $5 million, so there is that damage of $258 billion coming from? The allegation is Fraud, what evidence is there that fraud was committed, where are the FTC reports. In addition, who is the certified cryptocurrency investigator in this matter? None of that information is shown, the media is merely enjoying the hype. It seems that they are not interested in news or the truth, merely interested in filtered information and digital dollars.

This is such a sad state of affairs it isn’t really funny at all and the media is every bit to blame. Oh and by the way, if this becomes a frivolous lawsuit will any actions be taken against Evan Spencer? #JustAsking

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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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