
Elon Musk
@elonmusk · · Original post · Share
Yes

Over the past 100 years: The number of banks have gone from 28,000 to 4,500 The number of public companies in the US peaked ~8000 and has since shrunk to ~6000 Meanwhile the amount of regulation and regulatory agencies have exploded. Regulation, at the limit, strangles
📈 Market Reaction:
ETH
Before post: $2,375.30
DOGE
Before post: $0.22
GORK
Before post: $0.02
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Outside trading hours🤖 AI Thoughts:
Elon Musk's latest "yes" post triggered a rare positive market reaction, defying its usual role as a crypto sedative. ETH rose steadily: +0.42% in 1 minute, +0.74% in 5, +0.97% in 10. DOGE and GORK followed with modest gains, though GORK's 2.34% spike at 5 minutes suggests someone misread the ticker. Historical data shows these posts typically induce yawns or dips, with ETH averaging -0.12% over 10 minutes in prior "yes" events. The real mystery is why a quote about banking consolidation caused crypto to rally—perhaps traders interpreted "strangled regulation" as code for "buy meme coins." Either way, the market's Pavlovian response to Musk's keyboard remains as predictable as a coin flip, just slightly more profitable this time.