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Habits of Insects (mander.xyz)
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[-] rational_lib@lemmy.world 88 points 6 hours ago

The world just keeps getting more and more efficient at being dumb. Let's just count all the appallingly stupid things crammed into this small meme with 2 million views:

  1. "Insurrection Barbie"
  2. Celebrating the defunding of useful scientific research by a new government efficiency agency
  3. This new agency is named after a cryptocurrency
  4. The cryptocurrency in question was created as a joke to satirize cryptocurrencies, but became a top prominent cryptocurrency itself.
  5. The "Department of Government Efficiency Agency" has 2 heads, both of whom have other primary jobs and were chosen in return for political support.
  6. There is also already an existing government agency that does the exact same thing, called the "Government Accountability Office". But most people seem to be unaware of it, likely because it's not named after a cryptocurrency/dog meme.
  7. This whole scheme was the idea of the richest person in the world.

Idiocracy didn't happen because of unnatural selection, it happened because social media unlocked a runaway chain reaction of stupidity.

[-] RandomVideos@programming.dev 9 points 6 hours ago

Why are people saying that it was named after a cryptocurrency?

Isnt the dog the first thing people think of when seeing "doge"?

[-] zeca@lemmy.eco.br 35 points 5 hours ago

Its reasonable to make the connection to the coin, as this particular cryptocurrency was propagandized and manipulated by musk, who will be running the agency.

[-] RandomVideos@programming.dev -4 points 4 hours ago

Wouldnt it be possible that he just likes the doge meme, promoting a cryptocurrency that is named after it?

[-] TheSlad@sh.itjust.works 17 points 4 hours ago* (last edited 20 minutes ago)

No, he likes money. Remember a few years ago when he tweeted about how great dogecoin was? Then a week later he tweeted about how stupid is was and that he was done with? He probably made millions buying and selling dogecoin as he made those tweets. There ia a huge conflict of interest when it comes to celebrities endorsing crypto coins. If you have the pull, you can just buy a bunch of some shit coin, talk it up and then all the people who look up to you to will go buy it, pumping up the price while you sell and make a huge profit. Then the value crashes back down and everyone who bought is left holding the bag. Whenever some famous person talks about a crypto, 100% of the time it is a grift to skim money from their follower's pockets.

[-] nomous@lemmy.world 7 points 2 hours ago

100% spot on, pump and dumps are especially rampant in crypto because a couple of people can generate a ton of coins and own the entire market for that coin. If they can get that price to rise even just a fractional amount through whatever completely unregulated means they can dump it to the suckers buying and cash out. It's like printing money but the printing presses are stupid people.

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this post was submitted on 15 Nov 2024
1256 points (99.1% liked)

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