Seriously, anyone who thinks Musk is a "genius" or that anything he promotes has any value, pretty much deserved to be taken for a ride. Bitcoin enthusiasts can't be bothered to do even a modicum of research and are content merely to parrot the soundbites they've been fed - so we can't really shed tears when they lose their shirts. Nor can we care about fund managers who pile into what is self-evidently a bubble, merely in the hope of making money before the bubble bursts. So all in all, the fact that a clown with a natural instinct for publicity is making fools of millions of gullible people merely tells us that humanity never changes and that "there's a fool born every minute, and two around the corner to take his money."

Anyone who enjoys my articles here on Medium may be interested in my books Why Democracy Failed and The Praying Ape, both available from Amazon.