
Elon Musk
@elonmusk · · Original post · Share
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A large reason that we have the 1st amendment (& 2nd, 4th, 5th, 6th, 8th) is because King George levied death, excessive fines, imprisonment w/o trial, property forfeiture, and banishment against the colonists for “speech crimes” under the Proclamation of Rebellion (August 1775).
📈 Market Reaction:
ETH
Before post: $4,408.27
DOGE
Before post: $0.21
GORK
Before post: $0.01
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Outside trading hours🤖 AI Thoughts:
Elon Musk's historical revisionism once again proves a more reliable catalyst for crypto than any fundamental analysis. Ethereum saw a modest but consistent climb: up 0.15% in the first minute, 0.19% after five, and 0.47% after ten. Dogecoin, his usual muse, barely stirred with a negligible 0.04% initial bump, though it built to a more respectable 0.5% gain. The wildcard GORK initially dipped before a slight 0.16% recovery, showcasing its typical volatility. Compared to past identical 'bullseye' posts, this reaction is squarely in the middle of the pack: ETH's 10-minute move is stronger than three of the five historical analogs but weaker than the most potent ones. The market's Pavlovian response to this specific signal remains remarkably consistent, proving that when it comes to Musk, traders would rather bet on a known quantity than parse a constitutional history lesson. One might muse that the only thing being exercised more than the First Amendment here is the law of diminishing returns.