Jill Lepore is the David Woods Kemper Professor of American History and Affiliate Professor of Law at Harvard University and a staff writer for The New Yorker, where she writes about politics,…
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At the start of 2021, Elon Musk briefly became the richest man in the world. The global pandemic was a boom time for American billionaires, many of whom saw their wealth rise even as much of the world was locked down. Musk started tweeting about Dogecoin – a cryptocurrency started as a joke, based on a meme about a dog – even dubbing himself ’The Dogefather’. Although Musk’s tweets looked ironic, jokey, irreverent, they seemed to be having a very real and destabilizing effect on financial markets.