meme

Such chaos is bad for democracy, but it does inspire wickedly funny memes, hashtags, sketches and political satire.

Musk and Ramaswamy think that acronym is adorable, since it refers to a beloved internet meme as well as a cryptocurrency in which Musk is heavily invested.

The organisation's name refers to Musk's preferred cryptocurrency - which was itself jokingly in 2013 named after an internet meme.

A source of memes for those in crypto community, it also showcased the power of Bitcoin - an internet money that could genuinely buy items online.

That message soon became a meme and became emblazoned on merchandise.