![]() ![]() The ideal of the free market was ending in rigidity, stagnation, and collapse. The effective principles by which the nations had been guided were ending in deep-seated contradictions in both the domestic and the international organization of society. To the present writer it seems clear that the period of the early thirties represented a far-reaching breakdown of the leading ideas and institutions which had ruled among men for the preceding century. There are, and long will be, many varying views of it which will lead to as many varying estimates of Franklin Roosevelt’s position in history. But it is already a measure of Roosevelt’s greatness that he can be seen and assessed only against the colossal background out of which he arose.Īs with Stalin or Hitler or Churchill, the ultimate verdict upon the man must turn in large measure upon the ultimate verdict as to the true nature and proportions of the world crisis in which we stand. ![]() The history and the personality are inextricably interwoven, and it will take many years to attain the perspectives by which either can be judged. So many intense passions have swirled about that name, it has been a fixture for so long in our society, the man himself is so tost behind the torrential events of the crisis times which made him. 30, Zhao noted that in 2018 he had tweeted that Musk’s embrace of bitcoin was “inevitable” given the reaction to a tweet he made offering to buy a Tesla if Musk accepted crypto, noting the “large overlapping target market, early adopters.It is extraordinarily difficult to write of Franklin Delano Roosevelt. ![]() Musk’s involvement also appealed to Binance CEO Changpeng “CZ” Zhao’s sense of humor. And his comments certainly helped GameStop fight its way back from the GME buy freeze, helping the stock end the trading week at $325, up more than 500% from the beginning of January, to its shorter’s dismay. The WallStreetBets-initiated GameStop fight certainly made Musk happy. “Shorting is a scam legal only for vestigial reasons.” He suggested that since it is not possible to sell a house or cars without owning them, it should not be possible to sell stocks without owning them either. 28, Musk clearly expressed his well-known negative stance towards shorting. 26 he personally promoted the “GameStop pump” by Reddit’s WallStreetBets subreddit. Musk’s apparent Bitcoin endorsement may be an answer to the restrictions on the ability to buy stocks of gaming retail chain GameStop (GME) imposed-and lifted-by stock exchange Robinhood as a reaction to retail traders buying it in an attempt to squeeze out the shorts performed on this asset by major hedge funds. #IN RETROSPECT IT WAS INEVITABLE ARCHIVE#Still, an internet archive backup shows that Musk changed his status shortly before the tweet, which suggests that this is what he is referring to.Īfter Musk tweeted his apparent Bitcoin endorsement, the cryptocurrency suddenly and immediately rushed upwards-registering a nearly 17% increase in under one hour and taking BTC from $32,200 to just over $38,000 before the excitement faded, according to CoinMarketCap data.īitcoin daily price chart for Jan. The users who wrote most of the answers to Musk’s tweet interpreted it as another hint about the Dogecoin (DOGE)-he had once jokingly called himself the former CEO of the meme-friendly cryptocurrency. Shortly after changing his status, he simply wrote: Musk changed the status on his Twitter profile to the Bitcoin hashtag and published a cryptic endorsement for the world’s first cryptocurrency, which he has been skeptical towards. 29 was the day that he joined the ranks of Bitcoin (BTC) proponents. Tech mogul and the world’s richest person Elon Musk seemingly decided that Jan. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |