There are two big news stories going around this weekend. The first being $DOGE and its crazy ride #ToTheMoon spurred on by The Rocket Man, Elon Musk. Musk has been pushing $DOGE for a couple of months and it reached as high as USD$0.70 right before Musk's appearance on Saturday Night Live. Even with all the hype and warnings, people bought into it, even though most people don't know "What is DOGE coin?"
A hustle. #ToTheMoon! ~ Elon Musk
To make up for crashing $DOGE, Musk announced today that he will accept $DOGE for funding SpaceX missions.
SpaceX to Launch DOGE-1 to the Moon!
Geometric Energy Corporation (GEC) announced today the DOGE-1 Mission to the Moon—the first-ever commercial lunar payload in history paid entirely with DOGE—will launch aboard a SpaceX Falcon 9 rocket.
What will this do with $DOGE? Maybe it will stop it from dropping a complete 90% back down to a the joke meme coin that it is. Or, maybe it will relieve jitters and convince people that crytpocurrency is the payment method of the future. As I am writing this, $DOGE is back up to USD$0.57.
The other news story was an attack on the fuel pipeline.
Ransomware cyberattack shuts down major US pipeline, company says
A cyberattack has forced the shutdown of a major gas pipeline in the U.S. that supplies 45% of all fuel consumed on the East Coast.
With gas prices already climbing due to President Biden's shutting down of the Keyston Pipeline build, this seems to point to an even bigger budget crisis for American households, who have seen a steep rise in costs of everything from toilet paper to beef.
If this one pipeline can be hit by a ransomware attack, what is next? Our fragile electric grid?
On a side note, President Biden's infrastructure bill is horrendous. However, the Federal government has been warned at least as far as back as 2004 that they should upgrade our electrical grid. Joe Biden was in office then and for 30 years prior to that and could have done something about this. The problem with the US grid is that there are basically just 3. East Coast, West Coast and Texas. We have already seen what happens in Texas if the get hit too hard, they either have to let people freeze or charge them an unbelievable amount of money for using electricity. If our electric network was hit by an EMP, it would take 6 - 9 months to get the substations up and working again. And that's if China co-operates and builds us new equipment.
In short, our energy needs are at risk of going out, not due to lack of energy, but because of other situations. Which is why I made the joke tweet in the title.
Good thing I filled up using $DOGE for payment.
https://twitter.com/DeanLogic/status/1391500761654251525
- DeanLogic
As preppers know, relying on infrastructure is a losing game when the Shit Hits The Fan. Unless you have a way to refine oil to gas, recharge your car batteries, or even replace batteries that no longer charge, you are basically at the will of those who are in control of those items. The Mad Max future is probably not going to be possible, because after a couple of years of The End Of The World As We Know It, gas will be bad and there won't be anyone making any new gas at Barter Town.
And if you think a SHTF event can't happen, well, maybe you should keep buying that $DOGE, while other people make their Get Out Of Dodge plans. Cyptocurrency is great when the electricity is on and the Interwebs are working, it isn't so great if the food trucks stop running and the real riots begin.