Elon Musk's "Baby Doge" Tweet Spikes The Dogecoin Price


NewsBTC 04 July, 2021 - 09:52am 28 views

What is baby Doge Crypto?

Baby Doge is the new favourite of crypto enthusiast and Tesla CEO Elon Musk. What is it? A spinoff of already existing meme cryptocurrency Dogecoin. Yepp, the joke has gone too far. Cryptocurrencies have truly exploded in 2021 and alternative tokens or alt coins are dominating the scene. India TodayWhat is Baby Doge? Meet Elon Musk’s new favourite cryptocurrency

Is Baby Doge on Binance?

It's available on PancakeSwap -- but not any major crypto exchanges. ... Then you can trade another crypto, such as Binance Coin, for Baby Doge Coin. Motley Fool7 Things to Know Before You Buy Baby Doge Coin

Elon Musk slammed for praising China as 'truly amazing'

Daily Mail 04 July, 2021 - 01:22pm

By Emily Crane For Dailymail.com

Elon Musk has come under fire for praising China and its economic prosperity as 'truly amazing' on the 100th anniversary of the Communist Party's rule. 

The Tesla founder lauded China in a tweet overnight, saying: 'The economic prosperity that China has achieved is truly amazing, especially in infrastructure! I encourage people to visit and see for themselves.'

Musk also posted the message on China's Twitter-like platform Weibo where he has nearly 1.8 million followers. 

He was responding to a tweet from state-media outlet Xinhua News that included a quote from Chinese President Xi Jinping regarding the Communist Party's centenary.

Elon Musk lauded China's economic prosperity as 'truly amazing' in a tweet overnight on the 100th anniversary of the Communist Party's rule

Musk also posted the message on China's Twitter-like platform Weibo where he has nearly 1.8 million followers

He was responding to this tweet from state-media outlet Xinhua News that included a quote from Chinese President Xi Jinping regarding the Communist Party's centenary

'China has realized the first centenary goal - building a moderately prosperous society in all respects,' Xi was quoted as saying. 

'This means that we have brought about a historic resolution to the problem of absolute poverty in China, and we are now marching in confident strides toward the second centenary goal of building China into a great modern socialist country in all respects. 

The billionaire was slammed on Twitter with some pointing to China's track record on human rights. 

'Nice job kissing the plutocracy brass ring. Economic prosperity powered by filthy coal and slave labor conditions, no thanks. Time to think about the uneven playing field, up against a tragic US opioid epicenter, a decimated Rust Belt. China theft,' one person tweeted. 

Another said: 'Tesla CEO praised the 'amazing' economic prosperity China has achieved. Well then, maybe Elon Musk should move to China where he too can economically prosper. He may want to give China a few tips on climate change.'

'Elon Musk's desperate groveling to save #Tesla in China. Won't work. He's just repeating propaganda from a genocidal regime,' one person tweeted. 

It came as Chinese President Xi Jinping warned during the centenary celebrations that China wouldn't be bullied.

In a defiant speech hailing the country's rise, Xi warned that anyone who tries to bully China 'will face broken heads and bloodshed'.   

Xi appeared to be hitting back at the US and others that have criticized the rising power´s trade and technology polices, military expansion and human rights record. 

In an hour-long speech, he also said the nation must stick to its one-party rule, emphasizing the communists' role in lifting China to global prominence. 

Musk's remarks also came after Tesla had to recalled about 285,000 electric cars in China because authorities there found that the cruise-control function can be activated accidentally and cause cars to accelerate suddenly. 

The company has faced previous challenges in China, including accusations of poor treatment of customers. 

In April, a customer protested at a car show that faulty brakes on her family's Tesla caused a crash that sent her parents to the hospital. 

After initially blaming the driver, Tesla issued a public apology to the unhappy customer and vowed to learn from the incident. 

Pictured: Chinese President and party leader Xi Jinping delivers a speech at a ceremony marking the centenary of the ruling Communist Party in Beijing. Xi emphasized the party's role in bringing China to global prominence and saying it would never be divided from the people

From its founding in July 1921, the 100-year history of the Chinese Communist Party (CCP) has been awash with blood and violence as it fought to take, and later keep control of what has now become one of the world’s great superpowers.

Tens of millions of people are believed to have been killed in China over the last 100 years since the founding of the Chinese Communist Party, with its founding leader Mao Zedong responsible for the majority of them as he wrestled for control of the country until his death in 1976.

The CCP now counts around 95 million members, garnered over a century of war, famine and turmoil, and more recently a surge to superpower status. 

But in its 100th year, the party has delivered a selective version of history through films, 'Red' tourism campaigns and books, which dance over the mass violence of the Cultural Revolution, Chinese Land Reform, famines and the Tiananmen Square student crackdown.

 Mao Zedong (pictured) declared founding of the People’s Republic of China in 1949, at the end of the Chinese Civil War

Three years after joining, the CCP was expelled from the then-ruling Nationalist Party. The Nationalist government then killed thousands of CCP members in Shanghai, triggering a civil war that would last until 1949.

The war is generally seen as being divided into two phases, with the hostilities put on hold as the two groups formed the Second United Front to fight back the Japanese invasion of China.

While Japan invaded in 1931 and under its brutal occupation of China that included the Nanjing Massacre (also known as the Rape of Nanjing), the hostilities were paused from 1937 to 1945.

Following the defeat of Japan, the civil war resumed, and the CCP gained the upper hand from 1945 to 1949 in what is now referred to as the Chinese Communist Revolution.

The CCP gained control of mainland China and established the People’s Republic of China in 1949, forcing the leaders of the Republic of China to retreat to the Island of Taiwan.

A political and military standoff between Taiwan and China remains to this day, with China increasingly threatening to forcibly take Taiwan.

During the second phase alone (1945 to 1949), estimates by historians have put the death toll at around 2.5 million. The death toll for the whole of the Chinese Civil War is estimated to be around six million.

In the latter stages of the Civil War and in the early stages of the People’s Republic of China, Mao Zedong embarked on a campaign known as the Chinese Land Reform Movement.

The campaign involved the mass killings of landlords by tenants, and a redistribution of land to the peasantry. Estimates of how many people were killed during the campaign range from the hundreds of thousands to the multiples of millions.

The CCP’s evaluation by Zhou Enlai estimates that 830,000 people were killed, but Mao Zedong estimated it was as many as 2 to 3 million.

Class-motivated mass killings continued for almost the 30 years of social and economic transformation in Maoist China, and by the end of the campaign, the landlord class was all but eradicated.

Pictured: An Execution after a 'people's tribunal' in the land reform movement in Communist China Huang, likely a landowner who paid for his 'crime' by being shot, taken in January 1953

In another campaign, the People’s Republic of China launched its 'Campaign to Suppress Counterrevolutionaries', designed to eradicate opposition elements to the Republic and the CCP.

It began in March 1950 and ended in 1953, and was established in response to frequent rebellions that in the early years of the People’s Republic of China.

The people targeted in the campaign were labelled as ‘counterrevolutionaries’ and were publicly denounced in mass trials, and a significant number were arrested and executed, while many more were sentenced to labour reform.

Official estimates from the CCP in 1954 suggest as many as 2.6 million people were arrested, 1.3 million imprisoned, and 712,000 were executed. However, historians have suggested the death toll to be much higher than the official count.

After coming to power, the newly declared People’s Republic of China - a Marxist–Leninist single-party state controlled by the CCP - and its founding leader Mao were soon drawn into another conflict, this time in the form of the Korean War.

With the war having broken out on June 25, 1950 between North and South Korea and allied forces, China intervened on June 30 – five days later.

In total, China deployed almost 3 million troops throughout the course of the war, with between 200,000 to 400,000 being killed out of the approximately 3 million total casualties in the war– the majority of which were civilians.

The Great Leap Forward, from 1958 to 1962, was an economic and social engineering campaign led by the CCP and Chairman Mao. 

He launched the campaign to reconstruct the country from an agrarian economy (crop based) to a communist society through the establishment of people’s communes.

Under the campaign, Mao ordered efforts to multiply grain yields. But with local officials afraid of failing to meet quotas, they collected a surplus of grain that left farmers to starve.

The campaign resulted in the deaths of between 15 and 55 million people, making the Great Chinese Famine the most deadly in human history. Officials blamed the disaster on bad weather and a decline in food output.

Chinese villagers from Chung Haing Hsiang in the Pai Chuan Province welcome the arrival of tractors during 'The Great Leap Forward'

The Cultural Revolution was a violent purge in China from 1966 to 1976 – launched by Mao – to remove capitalist and traditional elements from society, and to re-impose 'Mao Zedong Thought' or ‘Maoism’ as the dominant ideology.

In order to rile up supporters, Mao in May 1966 called on young people to ‘bombard the headquarters’, and claimed that bourgeois elements had infiltrated public institutions, such as schools, with the aim of restoring capitalism to China.

He insisted that revolutionaries be removed through a violent class struggle, and so China’s youth responded by forming Red Guards or ‘rebel groups’ around the country. Eventually, they began to take power from CCP branches and establish the revolutionary committees in 1967.

Lin Biao, Vice Chairman of the Chinese Communist Party, compiled a selection of Mao’s saying into the ‘Little Red Book’, and was later written into the constitution as Mao’s successor.

Pictured: Chairman Mao with Lin Biao and Red Guards during the Cultural Revolution in 1966

Mao declared the revolution as over in 1969, but it would last until at least 1971 when Lin Biao, accused of a failed coup against Mao, fled and died in plane crash.

In 1972, the four CCP officials known as Gang of Four rose to power, and the cultural revolution went on until Mao’s death and the arrest of the Gang of Four – both taking place in 1976 – over 10 years after the revolution began. One of the members of the Gang of Four, who all but took power during this time period, was Mao's last wife.

The Cultural Revolution greatly harmed China’s economy and traditional cultures. The number of people killed in the fighting and massacres is estimated to range from hundreds of thousands to as many as 20 million people.

Over seven weeks in 1989, student-led pro-democracy protests centred on Beijing's Tiananmen Square became China's greatest political upheaval since the end of the Cultural Revolution more than a decade earlier.

Corruption among the elite was a key complaint, but the protesters were also calling for a more open and fair society, one that would require the ruling Communist Party to relinquish control over many aspects of life, including education, employment and even the size of families.

Having decided that armed force was needed to end the protests and uphold Communist rule, the leadership ordered in the army, a move that would send in an estimated 180,000 troops and armed police.

FILE - In this June 5, 1989 file photo, a Chinese man stands alone to block a line of tanks heading east on Beijing's Changan Blvd. in Tiananmen Square. The man was calling for an end to the recent violence and bloodshed against pro-democracy demonstrators

FILE - In this June 5, 1989 file photo, Chinese troops and tanks gather in Beijing, one day after the military crackdown that ended a seven week pro-democracy demonstration on Tiananmen Square. Hundreds were killed in the early morning hours of June 4

The Chinese government has never given a clear account of how many were killed and has squelched discussion of the events in the years since, but some estimates are in the thousands.

The army's crackdown was widely condemned in the West, as well as in Hong Kong, then a British colony, where supporters organised missions to bring those wanted by authorities to safety.

The protests, first labelled a 'counterrevolutionary riot,' are now merely referred to as 'political turmoil,' when they are referred to at all, as the party tries to suppress all memory of them having occurred.

The government has never expressed regret over the killings and rejected all calls for an investigation, leaving the protests an open wound in Chinese history.

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Elon Musk in hot water for China tweet

Yahoo Finance Australia 04 July, 2021 - 01:22pm

Musk responded to a tweet from one of China’s state-affiliated media outlets which was quoting the nation’s leader Xi Jinping speaking of the nation’s prosperity.

Musk said: “The economic prosperity that China has achieved is truly amazing, especially in infrastructure! I encourage people to visit and see for themselves.”

Even political figures in Taiwan spoke out against Musk’s tweet with the Taiwanese New Power Party referencing the alleged concentration camps in China’s Xinjiang region.

“Maybe Mr. Musk should pay a visit to Xinjiang and see the reeducation camp for yourself,” the party responded.

China has been accused of committing crimes against humanity, and possibly genocide, against the Uyghur population.

During this speech Xi also referenced the trade wars between the United States and more recently Australia.

“We Chinese are a people who uphold justice and are not intimidated by threats of force. As a nation, we have a strong sense of pride and confidence. We have never bullied, oppressed, or subjugated the people of any other country, and we never will,” Xi said.

“By the same token, we will never allow any foreign force to bully, oppress, or subjugate us. Anyone who would attempt to do so will find themselves on a collision course with a great wall of steel forged by over 1.4 billion Chinese people.”

The more money you collect from Social Security during retirement, the more financial freedom you'll have. Unlike your retirement savings, which could, unfortunately, get depleted in your lifetime, Social Security is designed to pay you a monthly benefit for life, so the higher a benefit you lock in, the more money you'll get on a long-term basis. Your Social Security benefit itself is based on the amount of money you earn during your 35 most-profitable years in the labor force.

Dr Johan Marais spends his days reconstructing the faces of rhinos that have been left barely alive, in fields across South Africa, after savage attacks from poachers. The horn of a rhino is made of keratin, the same substance as fingernails, which means it can grow back. It’s considered to be worth more by weight than cocaine, so traffickers go to great lengths to smuggle it out of, or around, Africa.

Canada's government warned Friday of a "long and challenging summer" ahead as it prepared military aircraft to help evacuate towns and fight more than 100 wildfires fueled by a record-smashing heat wave.

Winger Will Jordan scored five tries as the All Blacks opened their 2021 campaign with a record-equalling 102-0 trouncing of an inexperienced Tonga side on Saturday at Auckland's Mount Smart Stadium.Looking to make a statement after managing only a 50 per cent win record last year, New Zealand ran in 16 tries against a team boasting fewer combined Test caps than All Blacks skipper Sam Whitelock alone.

Ollie Robinson will serve no further ban for his historical racist and homophobic tweets and will be available for the India Test series. Robinson is free to resume his cricket career after the Cricket Discipline Commission (CDC) announced he has been handed an eight-match ban, five of which are suspended for two years, for "a number of offensive tweets" between 2012 and 2014. The decision was made by the CDC, an independent panel that adjudicated on the ECB.

TV presenter and her fiance to welcome first daughter after four sons between them

England take on Ukraine in the quarter-finals of Euro 2020 on Saturday night

The public still understand the importance of Covid restrictions even if politicians are getting weary of lockdown, a professor in health psychology has said. Robert West, professor in health psychology at University College London’s Institute of Epidemiology and Health, said despite a rise in pandemic fatigue, people’s behaviours and attitudes show they understand the need for current government guidelines. Professor West added that people who fail to adhere to guidelines like self-isolation may be due to a lack of financial support.

England take on Ukraine in the quarter-finals of Euro 2020 on Saturday night

England take on Ukraine in the quarter-finals of Euro 2020 on Saturday night

(Bloomberg) -- Elsa, the first hurricane of the 2021 Atlantic storm season, is churning quickly across the Caribbean, heading for Hispaniola, Cuba and eventually Florida as extreme weather batters the Northern Hemisphere.The storm was about 190 miles (310 kilometers) east-southeast of the Dominican Republic, the U.S. National Hurricane Center said in an update at 5 a.m. Atlantic standard time on Saturday. It had maximum sustained winds of 75 miles per hour.Elsa, moving at 31 mph, is on track to

A 25-year-old Swansea man has been charged with murder after a 60-year-old man died after being stabbed in London’s Oxford Circus on Thursday evening. Tedi Fanta Hagos was charged with murder and possession of an offensive weapon on Friday. Police said they were called shortly before 8pm on Thursday to reports of a man stabbed at Oxford Circus, close to the junction with Regent Street.

Germany, Spain and others are reportedly willing to accept Indian-made doses of the AZ vaccine

Ministers urged to adopt ‘midway proposal’ of daily testing - amid expectation they will be ‘advised’ only

Presenter called the statue ‘stiff’ in a since-deleted tweet

Many GP-run centres and large-scale vaccination site have defied national orders and opted to offer early second doses to people, in a bid to get them fully immunised before 19 July

Thousands of South Korean workers have staged a rally in downtown Seoul to demand better conditions, defying a government ban and shrugging off warnings that their protest could ignite a new wave of the coronavirus.As South Korea battles a spike in infections fuelled by the highly infectious Delta variant, officials had denied permission for Saturday's protest, with Prime Minister Kim Boo-kyum urging leaders of the Korean Confederation of Trade Unions to cancel it.

England face Ukraine conscious of not thinking too far ahead, but are equally appreciative of the opportunity that is in front of them

Follow all the action from day six in SW19

BabyDoge price rises 700% in the last few weeks | Cryptopolitan

Cryptopolitan 02 July, 2021 - 10:54pm

Tesla CEO Elon Musk’s tweets have gained popularity in recent months because it raises the cryptocurrencies price. This time he tweeted #BabyDoge, and that was enough to increase the cryptocurrency meme price. But Musk was not talking about Dogecoin but the alternate token not even a month old.

BabyDoge, the new cryptocurrency, is derived from the Dogecoin token. It has a similar algorithm but a much lower value. However, with the billionaire’s tweet in which he showed his support for crypto, its value increased to 700 percent.

The cryptocurrency capitalizes above $0.2 billion, with its value increasing in less than 24 hours. This is relevant for a crypto that is not a month old and showed low growth expectations.

CoinMarketCap, the cryptocurrency financial information company, suggests that the token seeks to impress its father. This new cryptocurrency promises better transaction speed, more security, and an automated system. But Dogecoin is based on Bitcoin technology but without entering the mining stage.

Musk posted a BabyDoge tweet in which he referenced a top-rated children’s song. Although some people support Musk and his tweets, the comments were reasonably unbiased.

Traders have criticized even Musk for manipulating the crypto market in his favor. The hashtag #BabyDoge is a trend on Twitter, and even the official account of the token appreciated the support.

The SpaceX founder and also Tesla CEO has entered the crypto field a lot. In 2021 Elon Musk has generated much news to support or deny ecologically “dangerous” cryptocurrencies.

Elon even appeared on SNL under the nickname “DogeFather,” which gave his support for Dogecoin synonymous. Although Musk promoted DOGE trading and put it on the map, he has also caused Bitcoin to lose value. Elon Musk is hated and branded as an influential speculator on cryptocurrencies.

Crypto experts think that Musk’s support for BabyDoge is not legitimate. However, this show of affection for the new token achieved that it was recognized worldwide.

Elon Musk plans to meet Jack Dorsey, Twitter CEO, to speak publicly about cryptocurrencies. Dogecoin, Shiba Inu, or even the Baby Doge derivative could increase in value after the event. There is no exact date for the meeting yet, but it could make room for a new crypto hike.

Cryptocurrencies like Bitcoin and Ethereum lost over 50 percent of their value in May. Bitcoin is trading above $33000, but it could increase in value in the coming weeks.

An avid content creator for over 4 years, Carisbel spends her time on blogs and technology news. She honed her skills as a social communicator and now finds crypto and blockchain news events worldwide for transmission through Cryptopolitan's neutral and incisive way.

Copyright © 2020 Cryptopolitan.

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