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Why do people expect stability from a currency that was designed to be unstable?

It's probably a bad idea to piss off tjat many criminals at once. Musk is becoming like a Batman.

lol, anonymous is so cringeworthy.
> There are plenty of other companies working on space exploration and electric vehicles you are just the only CEO who has gained a cult following through sh*tposting and trolling the world on social media.

Clearly Musk is neither famous nor admired just because of “trolling”. He’s famous because of repeatedly making bold bets and pulling otherwise stagnant industries forward (like cars and rocketry). Both Tesla and SpaceX are hugely successful and are forcing everyone else to rethink their R&D. Other companies following Musk’s lead as latecomers doesn’t diminish Musk’s critical role in changing those industries.

> It appears that your quest to save the world is more rooted in a superiority and savior complex than it is in actual concern for humanity.

This is self serving, convenient speculation. It is a high school insult wrapped in bigger words.

> You may think you are the smartest person in the room, but now you have met your match. We are Anonymous! We are legion. Expect us.

This letter is ultimately a thinly veiled threat, and the actions undertaken by “hacktivists” are plainly illegal. I hope governments take notice and take action against this collective and others like Distributed Denial of Secrets.

Take action how? Anyone can order ddos and they use 100000s of hacked windows machines. What can govs do?
You have to recognize the psychology beneath anti-Elon sentiment to understand where this is coming from. It is to a large extent political hatred from the far-left, and Anonymous is largely a left-activist group right now. Polls run in /r/EnoughMuskSpam confirm the demographic reality of the most staunch Elon haters.

Elon is symbolic of capitalism working. He creates cognitive dissonance as someone who applied capitalism (with subsidies that level the playing field versus oil externalities) effectively to environmental sustainability. He creates cognitive dissonance as a capitalist who created innovation (VTOL) that a public government funded agency (NASA) couldn't do by itself.

Elon is white, male, and wasn't overtly anti-Trump. Elon's ancestry is white South African.

Elon is rich.

Elon dislikes regulators.

Elon isn't afraid to criticize left-wing politicians in public.

These are the real reasons behind the strongest forms of Elon hate on the left that we see. The actual things he's done worthy of criticism (e.g arguably false advertising on Autopilot) factor in but I don't believe it is the real reason underneath it.

"These are the real reasons" to you only because you agree with them.

It did not occur to you that criticism of Elon can also come from observing his actions. Like calling someone a pedophile because they stole Elon's thunder.

It did occur to me, and I mentioned that there are valid lines of criticism, I just don't think that they adequately explain his staunchest haters
Gonna have to call bs on you here. You do not genuinely believe his staunchest haters (whatever that menas... maybe the Twitter posters that get the most likes??) dislike him over his South African ancestry or his ability to innovative in the private space, compared to some of the actual stupid stuff he has said.
There's an underlying anti-capitalism motive. Spend a few hours in /r/EnoughMuskSpam and read the polls there. Elon is peak cognitive dissonance for them.

It's the same underlying reason for Jeff Bezos hatred, but on steroids for the reasons I outline above plus the legitimately stupid stuff he's done which you've pointed out

I haven’t visited that subreddit but your points line up with what I have observed with the most staunch critics of Elon that I’ve encountered offline. Thanks for sharing.
>Clearly Musk is neither famous nor admired just because of “trolling”

Yes but actually no.

None of this nonsense would happened without the GME/AMC reddit scandal. But because he was with the good guys, nobody complained about it.

Funny how when elon musk tweet send btc price up there wasn’t anyone crying about price manipulation. Maybe if one person can manipulate a nebulous product so much perhaps it had little value to begin with
Actually a lot of analysts had said that Elon’s bullish tweets were creating to much unsustainable upward momentum on the charts. It wasn’t welcome. Elon is a liability to markets as a whole and it’s not exclusive to crypto.
Anonymous has not been relevant since 2011.
Elon Musk has not changed since his PayPal days when I started to hear about him. He's always tried to milk the system, he never played fair, and he's always been too full of himself. This didn't change just recently and Anonymous are just sorry losers.
So some random smuck is angry at Elon and tries to sound tough by using the name anonymous.
Personal opinion --- Musk is guilty of Bitcoin "pump and dump".

Secondary opinion --- Musk is not the problem; he is just the messenger --- an indicator of the problem.

The real problem is the fact that Bitcoin is not really a currency at all. It is just one facet of an unregulated get rich quick scheme driven by pure speculation and built around the fiction that stablecoins are fully backed by fiat. More than half of all crypto trades involve stable coins.

Everything Musk has done is also being done by the "exchanges" and others on a daily basis --- just in a more subtle manner.

Attacking the messenger won't solve the problem --- at best it will just obscure it's existence for a while longer.

It is interesting that people glom on the statements that Musk makes to orchestrate his Bitcoin manipulations, but don't really talk much about what he says in between. He's been quite transparent that he sees the whole subject as a joke.

People who buy and sell based on his end statements amplify his joke, making the fluctuations more volatile than any stock day trader could ever hope for. At the same time, if they are timing their buys and sells to his statements, they also profit. Instead, a lot of people complain if they sell too late and the price is already rising again. That's not Musk's problem. That's the panic reactionist's problem.

If Musk wasn't taking advantage like this, someone else would find a way to do it. Like the way wallstreetbets was with the MJ stocks. Anonymous didn't seem to mind that one.

As you've said, finding and publicizing an issue by exercising it over and over again isn't the problem. Passively complaining about it and not looking for solution that would bring Bitcoin more into the realm of "real money" means things will always be this way.