• Title/Summary/Keyword: Elon Musk

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An Exploratory Study of Influencer's Impacts for Cryptocurrency Markets: Focused on the Elon Musk's Twitter Activity (가상화폐 시장의 인물 영향력에 대한 탐색적 연구: 일론 머스크의 발언을 중심으로)

  • Ga-Yeon Hong;Sang-Gun Lee;Chang-Gyu Yang
    • Information Systems Review
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    • v.25 no.3
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    • pp.83-97
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    • 2023
  • The primary purpose of this study is to examine the influencer's impacts of cryptocurrency markets. By using Elon Musk's twitter activity to compute effects of influencer's impacts in cryptocurrency markets, this study aims to analyze influencer's impacts and to offer implications for cryptocurrency markets. This study used the tweets that Elon Musk posted for the period between the April 1, 2019 to July 31, 2021 to conduct event study to evaluate influencer's impacts in cryptocurrency market. The results revealed that (1) influencer's impacts was disappearing, and (2) speculative investments was still made in the cryptocurrency market, (3) duration of the influencer's impacts was becoming short. The results indicate that objective evaluation system for cryptocurrency and sanction of bad cryptocurrencies should be needed, in order to ensure right cryptocurrency investment environment. On the other hand, the government should make policies to create the right cryptocurrency investment environment and flatform.

An Analysis of Launch Vehicle Development Strategy of SpaceX (SpaceX의 발사체 개발 전략 분석)

  • Lee, Keum-Oh
    • Journal of the Korean Society of Propulsion Engineers
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    • v.23 no.6
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    • pp.72-86
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    • 2019
  • SpaceX is currently leading the global launch market with the successful launch and recovery of Falcon 9 v1.2 Block 5. SpaceX developed Merlin engine, a kerosene gas generator engine, and continuously upgraded the engine from Falcon 1 to Falcon Heavy to increase payload weight. SpaceX suffered a lot of failures early on, but with the help of NASA, it was possible to overcome many crises and develop vehicles. In addition, it successfully developed reusable vehicles, which drastically reduced operating costs. Subsequent launch vehicles in Korea also need to be developed with reference to SpaceX's development strategy.

A Review on Solution Plans for Preventing Environmental Contamination as the Trend Changes of Cryptocurrency (암호화폐의 트랜드 변화에 따른 환경오염 방지 해결방안에 대한 고찰)

  • Kim, Jeong-hun;Song, Sae-hee;Ko, Lim-hwan;Nam, Hak-hyun;Jang, Jae-hyuck;Jung, Hoi-yun;Choi, Hyuck-jae
    • Journal of Venture Innovation
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    • v.5 no.1
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    • pp.91-106
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    • 2022
  • Cryptocurrency, stood out the sharp cost rising of Bitcoin has been spotlighted by means of the solution for stagflation because it is decentralized with an existing currency differently. Especially getting into 4th industrial revolution, technologies using block chain and internet of things have been used in the many fields, and the power of influence is also widespread. Nevertheless like a remark of Elon Musk of Tesla CEO, the problems of environmental contamination for cryptocurrency have been pointed out continuously and the most representative of them is an enormous electric usage as the use of fossil fuels. Also the amount generated of carbon dioxide result in the acceleration of global warming mainly based on the climate changes of earth if the existing mining method is continued. On the other hand, review researches have been conducted restrictively as the connection with environmental contamination as the mining of cryptocurrency. In this study, it intended to review problems for environmental contamination as the diversification of ecological system of cryptocurrency concretely. Upon investigation existing prior documents on the putting recent data first, the mining of cryptocurrency has affected on the environmental contamination conflicting with carbon neutrality as increasement of the electric usage and electronic wastes. And POS method without the mining process appeared, but it had a demerit collapsing a decentralization and then we met turning point on appearing various environmental-friendly cryptocurrency. Finally the appearance of cryptocurrency using new renewable energy acted on the opportunity of the usage maximization of energy storage apparatus and the birth of national government intervention. Based on these results, we mention clearly that hereafter cryptocurrency will regress if not go abreast the value of currency as well as environmental approach.