Discover more from Risky Reads
Take The Doge Pill
Elon’s push for free speech on Twitter is opening up new conversations on the platform.
This past week, he investigated how corporations and elites use their power to suppress information.
At the same time, he is reforming Twitter, which has the potential to bring a level financial playing field to the masses.
Let’s take a look at Elon’s exploration of forbidden topics, and how he could use Twitter to Doge Pill the world…
Red, Black, and White
In May 2020, during the early chaotic months of the pandemic, with much of the world under lockdown and speculation swirling about the true nature of the virus, Elon tweeted "Take the red pill" with a red rose emoji.
You take the blue pill, the story ends. You wake up in your bed and believe whatever you want to. You take the red pill, you stay in Wonderland, and I show you how deep the rabbit hole goes. Remember, all I'm offering is the truth. Nothing more.
On the internet, the red pill has become a meme signifying awakening to various shocking and unpleasant realities, especially the ways that elites manage world affairs behind the scenes.
To be sure, some red pills are made up. But others are real.
Since the Twitter buyout was announced, Elon has been using the platform to dish out red pills in full public view of his 90+ million followers.
He started with the Coke tweet, a reminder that corporations have never had a problem addicting the population to poisonous substances if it's profitable.
Next, he took aim at big pharma, warning that Adderall was an "anger amplifier" which should be avoided "at all costs" and that Wellbutrin "should be taken off the market" because of its suicide risk.
These early salvos turned out to be prelude to last Monday's fireworks, when he criticized NBC for covering up stories about Harvey Weinstein, Matt Lauer, and Hunter Biden's laptop.
Then, he upped the ante even further by questioning why none of Jeffrey Epstein and Ghislaine Maxwell's clients have been brought to justice.
On Tuesday, he put the spotlight on a campaign by two dozen groups to pressure advertisers into leaving Twitter unless it maintains its existing censorship policies, asking, "Who funds these organizations that want to control your access to information? Let's investigate..." before adding, "Sunlight is the best disinfectant."
When a user floated the idea that controversial financier George Soros was behind the campaign, Elon said "I will call him and ask" and hilariously tweeted at Soros to message him.
On Wednesday, he answered his own question by posting a Daily Mail article linking the anti-speech campaign to dark money groups like "George Soros's Open Society Foundation; NGOs founded by former Clinton and Obama administration staffers; wealthy Democrat donors and their family foundations; labor unions; and the governments of European nations."
Right now, Elon is showing Twitter's utility as a global town square that lets the people demand accountability from the ruling class.
In some cases, he's using the platform to conduct a public, transparent investigation about how elites operate in the world.
When his subjects are on Twitter, as in the case of Bill Gates or Soros, he confronts them directly.
Their failure to respond says a lot.
During normal times, most people instinctively avoid pursuing these 'red pill' lines of inquiry for good reason: they can lead to some pretty dark places.
In recent years, however, questions about elite power have grown harder to ignore, as a few highly centralized and unaccountable institutions like the WHO, IMF, and WEF exercise greater control over the world.
Speculating about elite corruption is no longer a theoretical exercise—it has practical implications for everyone at the gas pump and grocery store. The people are lucky to have Elon on the case!
When confronting this kind of information, folks have a choice about how to receive it.
One option is despair, known as taking the black pill.
To take the black pill is to see the power of elites as insurmountable, and conclude that civilization is headed somewhere bad no matter what people do.
But is that really true?
The opposite of the black pill is the white pill—a total surrender to optimism.
To be white-pilled is to recognize that the fight between good and evil is real, but also that good's victory is inevitable. If the universe is conspiring, it is conspiring in the direction of hope, not doom.
The practical effects of white-pilled positive thinking are remarkable and well documented.
In one BMJ study, a group of people prayed for the full recovery for a random list of hospital patients with blood infection.
Patients who were prayed for had significantly better outcomes than those who weren't.
Amazingly, the prayers were praying for people who'd been in the hospital 4-10 before the study.
Prayer worked retroactively. Wow!
If retroactive prayer can influence reality, what other effects can positive thinking have on the world?
The Doge Pill
The Doge Pill is a variation of the white pill: a better world is inevitable, and part of the reason is Dogecoin.
At a fundamental level, Doge is about fixing our money with positivity, comedy, blockchain, and memes.
Elites have long used money and the financial system to control the population through debt, inflation, and other pernicious practices.
The Freemason's Eye of Providence is literally on the dollar bill along with the phrase "New World Order"!
Over the last two years, unelected central bankers destroyed the value of the dollar through money printing, which disproportionately hurts poorer Americans by causing the price of essentials like gas, food, and housing to skyrocket.
In the past few months, they've made weak gestures toward fixing this self-caused inflationary disaster by raising interest rates, which has pushed the American economy toward recession even as prices continue to rise.
Dogecoin is an opt-out to this exploitative loop, allowing people to take part in a fairer, more hilarious monetary system.
People have the power to decide for themselves what counts as money—even dog-meme cryptocurrencies!
When they first encounter it, most folks think Dogecoin is a joke.
The cosmic irony is that Doge is a joke, but the joke's on the haters and doubters that think Doge isn't real money, including all the bankers and apparatchiks who want to keep people stuck in the government-fiat system.
In one interview, Elon said that even though it was created as a joke, Dogecoin as a transactional currency is "fundamentally better than anything else I've seen, just by accident."
What are the odds??
It is still early days in the Dogecoin revolution, but the list of businesses that recognize Doge as money is growing rapidly: Tesla, AMC, The Dallas Mavericks, the Oakland A's, and the San Jose Sharks all take Doge, as well as a raft of travel agencies, hotels, and other service providers.
Doge's most exciting use case is as the future currency of the Internet.
At its best, the Internet can unite people across boundaries, allowing the whole of humanity to stand up against its exploiters. The web allows for power in numbers that wouldn't otherwise be possible.
Right now, people can use the internet to exchange ideas somewhat freely, but most payments are still made in fiat through third parties, who invariably take a cut.
Doge allows people to exchange real value over the Internet without intermediaries.
Dogecoin could ultimately form the basis for a pure Internet economy founded on fair and transparent rules, with no room for exploitative middlemen.
Doge embodies the ethos of the early, pre-corporate web: ironic, anti-establishment, decentralized, and max fun.
It restores this spirit by pranking elites through the creation of a people's currency backed by dog memes rather than debt.
Doge holds the promise of a future that is materially better than the present, but also happier and funnier.
With the world's most exciting entrepreneur on the side of the DogeArmy, Dogecoin seems inevitable.
If it were just Elon, some skepticism might be warranted, but over the last year many other influential folks have woken up to the power of the Doge.
A growing number of celebrities and public figures are exhibiting clear signs of having taken the Doge Pill.
Most people first heard about Dogecoin in early 2021 when it surged past a penny after thousands of retail investors used the Robinhood app to buy it.
Robinhood is believed to hold about 30% of the existing Dogecoin supply. Its CEO Vlad Tenev has staked his multi-billion-dollar business on Dogecoin's success.
Vlad recently tweeted a thread about how Doge can become the currency of the Internet, one of the clearest examples yet of a public figure taking the Doge Pill.
Here are a few other people of interest who've given clues of being at least partly Doge-Pilled:
Mark Cuban uses Dogecoin to teach his son about cryptocurrency and his Mavs accept Doge for tickets
AI researcher Lexi Fridman regularly presses his podcast guests for their opinions about Doge
Snoop Dogg released a Shiba-themed music video for 2021's Doge Day and has posted Doge images to his Instagram
Billionaire crypto exchange CEO CZ called Doge "the most successful and measurable joke in human history."
Another exchange CEO, Sam Bankman-Fried, floated the idea of integrating Twitter with Doge and offered to help
Cameron and Tyler Winklevoss, who own roughly 1% of all Bitcoin in existence, are strong Doge-backers
Ukrainian Deputy Prime Minister Mykhailo Fedorov posted his country's Dogecoin address to Twitter and called on the DogeArmy to support Ukraine against Russia
Entrepreneur Bill Lee backs the MyDoge Social Wallet and purchased the Aliens from Ice Cube with Dogecoin
Just this week, Amazon founder Jeff Bezos followed Dogecoin creator Billy Markus on Twitter
Amanda Cerny, Ice Cube, Paul Pierce, Mia Khalifa, Gene Simmons, Soulja Boy, Carole Baskin, Roger Ver, Charlie Lee, and MrBeast are other influential folks who've gone public with their support of Doge
Doge's destiny as the Internet's currency means that the DogeArmy's ranks will swell in the coming years. The above list is just the start.
If Twitter turns into a hybrid social network/payment service, as recent rumors suggest, the DogeArmy could gain millions of new recruits overnight.
The most entertaining outcome
The world is waking up to the abuses of powerful elites.
Nowhere is this more true than in the sphere of money and finance.
The people are not as powerless as they've been led to believe. On the contrary, we have the collective choice to opt out of the exploitative fiat currencies and into a fairer, funnier monetary system.
This takes a big leap of faith. Dog-meme cryptocurrencies aren't what most people have in mind when it comes to sticking it to the man.
It helps to have someone with Elon's vision leading the way.
Is the most entertaining outcome really the most likely?
Take the Doge Pill and find out!
Dogey Treats: News Bites
Starlink has about 150k daily users in Ukraine.
The head of Russia's space agency, Dmitry Rogozin, sent a statement to Russian media outlets accusing Elon of providing Starlink internet to Ukrainian neo Nazis and promising to hold him accountable. Elon tweeted the statement with the commentary "The word 'Nazi' doesn't mean what he seems to think it does." In a subsequent tweet, Elon wrote, "If I die under mysterious circumstances, it's been nice knowing ya."
Fitness chain Equinox now accepts Dogecoin through BitPay.
After the NY Times published a hit piece against him, Elon tweeted that there was an "information war" to "shift support away from me."
Tesla urged large funds to change their ESG valuation for companies so that their impact on the environment is more accurately represented.
A leaked slide deck revealed Elon's plans for Twitter. In response to a NY Post article claiming that Trump urged him to buy Twitter, Elon tweeted, "This is false. I've had no communication, directly or indirectly, with Trump." He also continued to highlight the problem of bots on Twitter, tweeting "Is something actually public opinion or just someone operating 100k fake accounts? Right now, you can't tell." Elon's Twitter purchase received funding from many high-powered investors, including Andreessen Horowitz and Binance.
Unusual Whales put out a new report on the relationship between lobbying and Congressional stock trading.
Mutually Assured Preservation is a blog by Jason Lowery about how Bitcoin can promote peace among nations.
Russia appears to be moving forward with plans to return to a gold standard. China might be next.
A new cartoon series called Elon and Doge is in the works.
Elon tweeted that, at its current birth rate, Japan will cease to exist.
Mexico's largest crypto exchange, Bitso, listed Dogecoin.
Elon called a Tim Urban graphic "Accurate" which broke down the possible outcome of the pending supreme court decision on abortion.
Ross Gerber said he expects Tesla to announce plans to build two new Gigafactories in Texas and Shanghai.
Elon tweeted that he is a "big believer in citizen journalism and following individual journalists over publications."
Dogecoin can now be integrated with Wordpress.
May 8th was the one-year anniversary of Elon's Doge-filled SNL appearance.
Thanks for reading! Consider sending a tip or Super Following on Twitter to help keep the newsletter going!
Memes of the Week
It's ALL Risky!
Thank you, kind reader, for reading and subscribing to this newsletter. I really appreciate it!
If you haven’t already, please sign up to this email newsletter for more weekly articles like this one. Also, please share it with a friend or on twitter if you enjoyed this article.
What do you think? Is the Doge Pill the solution to elite corruption? Let me know!
Remember, Dogecoin is risky. But then again, it’s all risky!
Follow me on twitter at @itsALLrisky
Email me at itsALLrisky@gmail.com
Send a Doge tip: DJ2zTEdHBD3guHLfVaNBaypr6bHFG5Nwfw
This article was written in collaboration with @CryptoDogDivine, give them a follow!
Don't forget to subscribe to this newsletter!
Disclaimer: This is not financial advice and I am not a financial advisor. The article above references an opinion for entertainment purposes only and it is not investment advice. Do your own research and consult with a licensed financial adviser before making any investment decision. Do not treat any opinion expressed in this newsletter as a specific inducement to make a particular investment. Content, news, research, tools, and securities symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular security or cryptocurrency or to engage in any particular investment strategy. The information provided is not warranted as to completeness or accuracy and is subject to change without notice. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results and are not guarantees of future results. All investments involve risk, losses may exceed the principal invested, and the past performance of a security, industry, sector, market, cryptocurrency, or financial product does not guarantee future results or returns. Dogecoin is a speculative and highly volatile asset susceptible to pump-and-dump schemes.