Off Topic

The “Bull Case” for Doge

Here is the “Bull” case for Doge:

  • Doge has a strong brand and Elon Musk gravitates towards good brands
  • Elon Musk’s target audience in all his activities are “technical” males, Doge appeals to them
  • Doge is an established Cryptocurrency with an established Brand
  • Doge can be fully “bought out” well within Elon Musks’ financial capabilities
  • Elon Musk might try to “Corner” Doge by buying most of it
  • Elon Musk could instantly “skyrocket” the price of Doge by throwing an engineering team at it and rebuilding it for the modern era of Cryptocurrencies
  • Elon Musk’s brand and fame would be enough to cause a significant inflow to Doge, making any stake he takes instantly worth 25-50x its value
  • Tesla is an energy company, cryptocurrencies are energy-based
  • The Universe needs a common currency based on energy, why not Doge
  • Elon Musk could refactor Doge to be significantly more energy efficient vs. Bitcoin
  • Tesla, Power Wall and roof owners could “mine” Doge through their charging behavior
  • StarLink satellites could offer Tesla owners “Free” internet in exchange for Doge
  • Operating a “Central Energy Bank” is a critical element in rebuilding the global energy infrastructure
  • Owning Doge would be similar to “owning a central bank” in that Tesla could print money it needs at will, or burn excess Doge to stabilize or deflate the currency, enriching Tesla customers
  • Tesla customers who buy Doge, if it skyrockets, could swap it for Bitcoin and buy more Teslas with it
  • Elon Musk has stated he is buying Doge for his infant son, suggesting a 20 year time horizon for a Doge investment
  • Elon Musk has a track record of not lying about his intentions, I dont think he would instruct his customers to buy Doge and then have it drop, causing them financial ruin, even for “Fun.” He is customer focused and would not recommend bad choices to his fans, even as a joke.
  • Elon Musk has repeatedly stated: “The most entertaining outcome is what will happen.” The most entertaining outcome would be for Doge to become the leading cryptocurrency of the solar system.