Musk, Twitter, CZ, Binance - Let That Sink In
By: Tree Fitty
October 27, 2022 3:41 PM / 2 Comments ZentaNewsDesk Breaking News Binance Smart Chain News Doge
On October 26, 2022, Elon Musk walked into the Twitter headquarters carrying a sink and said, “Let that sink in.” This comes off as fairly conclusive evidence in Elon’s decision regarding this Friday’s deadline imposed by the Delaware Chancery Court. The court set the deadline as a response to Twitter suing Musk for backing out of the previously set deal.
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:::info Other news this day included the NYSE announcing it would delist Twitter pending the outcome of Musk’s decision Friday.
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The Symbolic Bringing of the Sink
Many news outlets are reporting the same story on Elon Musk carrying a sink into Twitter. They quote Robert Anderson through very similarly written articles:
Robert Anderson, a law professor at Pepperdine University, said he fully expects the deal to close by Friday’s deadline but didn’t see much substance to Musk’s video. “I don’t see anything unusual about it, other than that he brought a sink,” he said.
Robert Anderson is a “Professor of Law, Pepperdine. Writing in Admiralty/Maritime, Corporate, and M&A law.” However, there is no reference cited in the previously mentioned articles. The Tweet below is from Robert Anderson’s Twitter.
While Robert’s Tweet holds merit, is does not explain why Elon said, “Let that sink in!” as he carried the sink into the Twitter headquarters. This is the news the media outlets missed.
“Let That Sink In”
The origins of “let that sink in” on Twitter come from the Founder of Binance, Changpeng Zhao, or more commonly called, CZ. CZ has used the phrase “let that sink in” in his Tweets. His most recent Tweet using “let that sink in” is below:
However, the key element is that Elon Musk is aware CZ uses this term. In an interaction Musk had with a Doge co-founder Billy Markus, or Shibetoshi Nakamoto on Twitter, Musk joked he would dress up like a sink for Halloween, in this case, the sink is CZ.
The context here is that scammers and bots pose as Uniswap and CZ to try to steal Twitter Users’ crypto. Elon’s words could have just been a jab at the out of control Twitter bot problem. The overabundance of bots is exactly why Musk claimed he backed out of the original Twitter deal.
Less likely, it could have even been a jab back at CZ for saying people don’t get rich from following rich people’s Tweets. Either way, this Tweet shows that Elon acknowledged CZ’s use of the phrase, “let that sink in.” But there is more.
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Twitter and Crypto
When the previous talks of Elon purchasing Twitter were happening, Binance promised $500 million to Elon Musk in his acquisition of Twitter. Just yesterday, when CZ was asked if he would stand by his $500 million promise, CZ responded by saying, “I think so.”
The most recently mentioned Tweet shows well the environment that has been created on Twitter. In addition, recent news reports that Twitter is creating a crypto wallet. While it wouldn’t be unusual to see Elon flaunt a new use for Dogecoin through his Twitter acquisition, CZ has always been a proponent of various blockchains and cryptocurrencies working together for the good of the industry. While Doge is a fun method of payment, Binance Smart Chain offers much more utility in terms of development and freedom to create. That is a core characteristic of a forward thinking social media platform. It is also possible Binance simply sees Twitter as a worthwhile investment.
Taking a gamble on Elon Musk is never financial advice but the story behind Elon Musk bringing a sink into the Twitter headquarters is now more complete. Let that sink in.
#LetThatSinkIn #ElonMusk #BNB #Doge #Twitter #ZentaPost
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