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Endorsement from Kraken Co-Founder: Elon Musk's Crucial Importance

Endorsement from Kraken Co-Founder: Elon Musk’s Crucial Importance

Elon Musk’s Controversial Statements at DealBook Summit

Elon Musk, the CEO of Tesla and SpaceX and a major supporter of Dogecoin, has once again found himself in the midst of controversy. During an interview at the DealBook Summit hosted by The New York Times, Musk made several statements that drew attention.

Crypto Community Supports Musk

Jesse Powell, the co-founder and former CEO of crypto exchange Kraken, shared his thoughts on Elon Musk’s approach to running Twitter. Powell expressed his support for Musk, who purchased the social media platform in a billion-dollar deal to “rescue freedom of speech.”

Musk claimed that Twitter was under the control of the US government, which he believed violated the First Amendment of the US Constitution. He stated that the government’s influence over Twitter was excessive and called it a “severe violation.”

Musk’s defense of free speech resonated with many members of the crypto community. They praised him for protecting freedom while acknowledging concerns about concentrated power.

Musk Criticizes Disney

In addition to his statements about Twitter, Musk also addressed an advertisement issue faced by the platform. Companies like Apple, IBM, and Disney had stopped their marketing campaigns on Twitter due to concerns about “pro-Nazi” posts.

Musk directly criticized Disney’s CEO, Bob Iger, telling him to “go f*ck yourself.” This led to support from Musk’s followers, with some users reportedly canceling their Disney+ subscriptions in response.

Hot Take: Elon Musk Continues to Stir Controversy

Elon Musk’s recent statements at the DealBook Summit have once again put him in the spotlight. His remarks about Twitter and its alleged government control have garnered support from the crypto community. However, his confrontation with Disney’s CEO has also sparked controversy.

As one of the most influential figures in the crypto world, Musk’s actions and statements continue to draw attention and have a significant impact on public opinion. Whether you agree or disagree with him, there’s no denying that Musk is a polarizing figure who isn’t afraid to speak his mind.

Image source: Unsplash

Chart source: Tradingview

Note: This article is for informational purposes only and should not be taken as financial advice.

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Endorsement from Kraken Co-Founder: Elon Musk's Crucial Importance