Why Elon Musk is Promoting Bitcoin and Dogecoin

What is Meme Marketing?

Translation: “I am chronically distracted and unable to finish projects to completion. Anyone feel me?”
Translation: I am proud of my accomplishment, however small. Anyone feel me?
Translation: I will maintain composure even when I have no idea what to do. Anyone feel me?

What Makes a Great Meme

Translation: “I know there is crossover between Lord of the Rings and crypto geeks, so I will mash up the two, and double the viral power.”

Memes are a “Virus of the Mind”

Translation: “I understand that Dogecoin is a joke, so I will make a joke using the accepted crypto slang of HODLing.”

Memes Simplify a Complex Message

Translation: “Elon Musk answered this obscure Twitter question by saying he’s an alien, which seems like a joke but MAYBE IT’S TRUE.”
Translation: “GameStop stock is currently going through the roof, making the sound of a money-printing machine. To prove how much money we have made, we are buying this billboard in Times Square.”

How Elon Musk Uses Memes

Courtesy SpaceX
Translation: “I will throw my support behind bitcoin by mashing up meme celebrity Chuck Norris and the early Mt. Gox incident.”

How Musk Drove Up Dogecoin

Dogecoin price as Musk began sharing memes on Feb 4

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CEO of Media Shower. Publisher of Bitcoin Market Journal. Author of Mind Hacking. Making things better.

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Sir John Hargrave

Sir John Hargrave

CEO of Media Shower. Publisher of Bitcoin Market Journal. Author of Mind Hacking. Making things better.

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