Posted on 05/09/2021 4:48:33 AM PDT by USA Conservative
Elon Musk took the Studio 8H stage over the weekend for his Saturday Night Live hosting debut and, as many expected, there was a lot of cryptocurrency talk.
The controversial tech mogul had fans and critics debating the choice to tap him as a host in the lead-up to Saturday’s episode. However, one of the biggest questions was whether or not he’d mention Dogecoin, the satirical cryptocurrency that has skyrocketed in the wake of his repeated online endorsements.
As it turns out, Dogecoin — and cryptocurrency in general — actually played a prominent role in the episode. Apart from a mention in his monologue, Musk appeared as a guest on Weekend Update to talk about Dogecoin’s popularity.
Musk appeared as the show’s financial expert, Lloyd Ostertag, and was asked to explain exactly what Dogecoin is.
“Thank you Michael, call me The Dogefather,” said Musk to Michael Che.
“It (Dogecoin) started as a joke based on an Internet meme but now it has taken off in a very real way,” explained Musk.
Che then repeatedly asked Musk what it actually was, even taking a one dollar bill out of his pocket and waving it at Musk, asking him if the cryptocurrency was even real.
“Its about as real as that dollar,” said Musk.
Colin Jost got in on the action, also asking what Dogecoin actually was.
“It is the future of currency, it is an unstoppable financial vehicle that is going to take over the world,” said Musk.
And when he explained that crypto can be traded for cash, Che said, “Oh it’s a hustle.”
“Yeah it’s a hustle,” said a laughing Musk as he shouted the Dogecoin phrase of “to the moon.”
Video below:
“It (Dogecoin) started as a joke based on an Internet meme but now it has taken off in a very real way,” explained Musk.
Che then repeatedly asked Musk what it actually was, even taking a one dollar bill out of his pocket and waving it at Musk, asking him if the cryptocurrency was even real.
“Its about as real as that dollar,” said Musk.
Colin Jost got in on the action, also asking what Dogecoin actually was.
“It is the future of currency, it is an unstoppable financial vehicle that is going to take over the world,” said Musk.
And when he explained that crypto can be traded for cash, Che said, “Oh it’s a hustle.”
“Yeah it’s a hustle,” said a laughing Musk as he shouted the Dogecoin phrase of “to the moon.”
Video below:
While Dogecoin played a surprisingly big part on Saturday’s show, fans had mixed reactions to Musk’s hosting, and the debate about Dogecoin’s legitimacy. The value of Dogecoin dropped steeply before the episode kicked off, and many fans seemed to be watching the show and their crypto-accounts with tense interest.
Dogecoin prices immediately plummeted and fall over 20%.
The question remains was this show promoted to kill the rise of Dogecoin?
Scroll down and leave your comment below.
This may ultimately turn out not be true, but as long as the perception persists crypto values will continue to rise.
These types of replies are always enjoyable to read because it shows how early investors are to this space. You should ask the department of defense why they are a partner of Constellation, Ticker DAG, a cryptocurrency project that will be providing services for them. They have been working with Constellation for two years. If you don’t understand the value proposition of some cryptocurrencies, it doesn’t prove they lack value. It proves you have a poor understanding of what these actually do. Pro Tip, not all cryptos are a store of value. Search terms you might want to look into. Network effect. Distributed. Encrypted. Decentralized. Immutable.
If you invested $1000 in silver back in 2006, 15 years later you would have doubled your money. Silver, quite possibly one of the worst performing assets in the last decade, and you’re here shilling your bag of a worthless metal. If you would have saved your money instead, and invested in Bitcoin in 2016 ( 10 years later ) you would have $124,000.
Perhaps you will be so kind as to explain to your fellow Freepers the real value that backs cryptocurrencies.
The wilder (more volatile) a currency can be, the riskier it will be. It’s like the old crazy fads with yo-yos and ugly dolls.
DOGE hit .40 this morning...a 43% drop from one minute before Musk went on stage.
It is backed the the infrastructure and the mainstream world wide adoption of the technology. It can’t be controlled by any one government. Can it all crash? Sure. There is massive gambling and speculation but crypto isn’t going anywhere, And for those who ask what if the internet goes down and TEOTWAWKI it won’t matter what assets you have.
Studio 8H...
8 = H
HH
HEIL HITLER
SNL is a nazi organization
Exactly why to NOT purchase silver in 2006, with the Deep State Cabal in their heyday. It’s been artificially submerged with paper silver and the Comex.
Silver (and gold, as well as other metals) to resurface as something to own requires the Comex, and the FED, to be terminated.
When this happens, Silver will jump like a spring.
BTC is CIA/Cabal crypto. It’s hidden transactions are a plus for the average person, however, a plus for nefarious Cabal uses as well. BTC and other crypto ‘coins’ are headed to $0.
NCSWIC - WW!
What is the value of Coinbase? Will it be worth any more six months from now than it is today?
What is the value of Coinbase? Will it be worth any more six months from now than it is today?
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First-time host Elon Musk talks about why he loves Saturday Night Live and shares what he was like as a kid. | Elon Musk Monologue - SNL | May 9, 2021 | Saturday Night Live
It’s as real as a dollar bill... which is true. For better or worse...
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