urgent news elon musk is buying ripple xrp to 95 000 ripple cto david schwartz who criticized
elon musk for his intention to buy twitter this time supported the eccentric hundred billionaire
as musk was criticized in an associated press ap article about the acquisition of twitter welcome
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watch the video to the end to like and subscribe in an article published by the associated press
the author stated that elon musk although he says he wants to buy twitter to protect freedom
of speech in fact partially verbally attacks those who disagree with him
and does so in the same social networks platform the article mentions that must criticize tesla
co-founder and former ceo martin eberhardt on twitter for saying that musk craves attention
and seeks to assert himself as a visionary after that elon called him a liar in one of his tweets
he called the sec a short seller enrichment commission and other similar cases were mentioned
there are many legitimate criticisms of elon musk this is not one of them harshly attacking
those who disagree with you verbally is in absolutely no way whatsoever inconsistent
with defending freedom of speech it is in fact the very thing that needs to be defended however
the technical director of ripple despite the fact that he had previously criticized musk about the
future acquisition of twitter this time sided with the billionaire saying that this is an unlawful
criticism of elon musk while there are plenty of legitimate critics schwartz tweeted that attacking
those who disagree with you verbally does not contradict the fight to preserve freedom of speech
he pointed out that attacks on critics represent a belief in freedom of speech and this is what needs
protection here earlier schwartz claimed that musk's real intention in acquiring twitter was
to create better conditions for political speech that he supports in worse conditions for political
speech that he does not support which is very similar to the criticism in the aforementioned ap
article ripple's chief technology officer david schwartz commented on a recent tweet by elon musk
which states that the alleged real reason for the recent hostile takeover attempt of twitter by the
head of tesla ripple's top management accused the millionaire of wanting to use the social media
giant to better relate to the political speeches he prefers david schwartz responded to yesterday's
tweet by the tesla boss in which the hundred billionaire offered his vision of the optimal
moderation policy for any social media platform musk recently offered to buy twitter at 54. 20
for more than 41 billion dollars in cash to make the company private prior to that he also tweeted
that he was seriously considering creating his own social media platform which shows that the richest
man in the world may want to expand his influence beyond the areas in which he currently works
space electric cars and internet connectivity it seems that most people on twitter support musk and
his attempt to take over twitter however many are against it and the cto of ripple is one of them
responding to musk's aforementioned tweet that ten percent of the left and right are equally unhappy
schwartz criticized the idea he stated that it benefits unreasonable people and will punish
reasonable people on social networks this is an incredibly bad policy that works absurdly poorly
it rewards unreasonable people and punishes reasonable people and if there's one lesson
to learn from economics it's that people respond to incentives in a tweet posted later ripple cto
stated that musk's goal is not to create the best conditions for freedom of speech schwartz
believes that in fact the hundred billionaire as a major shareholder of twitter is trying to change
twitter's moderation policy in order to get better conditions for political speech that he supports
and worse attitude to political speech that he does not support he's not trying to make twitter
a better place for freedom of speech though he's trying to push twitter's moderation policy to give
better treatment to political speech he favors and to give worse treatment to political speech
he disfavors in addition schwartz said that musk may have low competence in matters of moderation
in social networks and has never talked to anyone from this area indeed it seems that musk has
literally never talked to anyone who has ever dealt with the problems of moderation on social
networks and just lists offhand all the policies that seem good to someone who does not understand
the problems at all in a recent interview with the founder of ted musk said that twitter has become
a global urban square and that people should be allowed to freely express their opinions there
this was his motivation to buy a microblogging platform and make it private among those who
criticized musk for his attempt to take over twitter was dogecoin co-founder jackson palmer
who said that the tesla boss is the last person who should own twitter on the contrary the other
founder of the original meme coin billy marcus supports elon's attempt and goals
elon musk has now joined ripple and got straight into the u s securities and exchange commission
sec elon musk believes that the sec is trying to regulate cryptocurrencies that it has gone beyond
its jurisdiction and should be stopped currently the ceo of tesla is the richest man in the world
he made several hints on twitter about his alleged attacks on the sec judging by his tweets ripple is
not alone in the fight with the sec elon musk's position in favor of ripple does not surprise
anyone he has been a bitcoin enthusiast and a supporter of cryptocurrencies for a long time
last year he started accepting bitcoin as payment for his tesla cars he also owns ethereum and
dotecoin two altcoins from the top ten in 2021 when it supported dog coin memcoin the market
saw its value rise and mass adoption increased elon musk and tesla have also been involved in
a lengthy legal battle with the sec he made it clear that he has been building a case against
the sec for some time in his twitter account he states i didn't start it but i'll finish it
according to a random hypothesis on twitter from dr jack 16 elon musk is gathering evidence
to publicly go against the sec elon himself confirmed that this is exactly what he was doing
elon musk reacted to another tweet in which he said that starting a fight with the sec is not the
best idea to which musk replied that he did not start the fight but plans to end it the securities
and exchange commission has long been of the opinion that cryptocurrencies are not its lot
as a result the sec's efforts to prevent the completion of the ripple case were not unexpected
the securities and exchange commission filed an appeal which was subsequently rejected
the district judge of the southern district of new york anna-lysa torres rejected the sec's proposal
to go on strike the rejected petition indicates the judge anna-lysa was also dissatisfied with
the contradictory arguments and notifications of the securities and exchange commission
the sec's lawsuit against ripple has already caused a significant delay this dragged on
for several months while xrp investors observed negative fluctuations in the prices of their coin
in a recent interview joseph a hall the former executive director of the sec
explained his position on this issue he is sympathetic to the crypto sector and believes
that this regulatory ambiguity is hindering the progress of blockchain in the united states hall
believes that if the sec loses on the merits it will be difficult to recover in addition hall does
not believe that a clear decision on this case will be reached in 2022 nevertheless he believes
that crypto investors will have a glimmer of hope after the final decision on the case is made
the live xrp price today is zero dollars 88 us dollars with a 24-hour trading volume of 3 billion
740 million us dollars we update our xrp to usd price in real time xrp is down zero four percent
in the last 24 hours do you think xrp will be able to win the court and restore its former price
write the answers in the comments that's it for today thank you for watching this
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