What's Wrong With Elon Musk and Musk Simpdom

I know what you are probably thinking this is going to be about but it's not going to random shitting on the personality of Musk. Does he even have one? Okay, that's not the topic, so stop! He does have 💰 🤑 loser.

Let's just go to basics. One of most basic principle on which economy works is the idea free market where there are large number of buyers and sellers, prices are based on the market forces, and none of the individual buyer or seller can impact the market price.

However, if an individual has more market power than others in the market then he can influence the market prices and it results into market failure.

Now let's take musk whose single tweet can increase value your portfolio 10x and unfortunately also decrease value of your portfolio 1000x. The guy is weed smoker and you really never know what he is up to but one thing is quite clear he doesn't gave a damn about a crypto nerd lossing all the value of his hard earned tokens. So, next time you argue with someone who isn't the big tech person keep that in mind. Crypto is all about decentralizing and not about a big tech weeder deciding which way things will go!!!