• mr_world [they/them]
    ·
    3 years ago

    I don't know if the worship is earnest but at the end of the day it's competing crypto schemes trying to get his attention. If they can get him to tweet about their crypto then they can pump and dump their way to being millionaires. This has already been happening. Back before DOGE peaked people were just making coins out of words Elon would tweet, then claim he was tweeting about their coin specifically. People would jump on the coin hoping to ride it from $0.000000001 to $0.0001 before bailing out and leaving bagholders with hopes and dreams of a coin worth $10. Because the price is so low they can get a lot of volume so that incremental jumps in price = a nice payout. Of course the makers of the coin have the most. They spam reddit and Elon tweets endlessly with their shit.

    In a way, it is a worship. It's a prayer for attention and a blessing of wealth from someone that is like a deity to them. Materially it's a get rich quick scheme at the intersection of celebrity, wealth inequality, and social media.