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Why it matters that Elon Musk acknowledges Aspergers | TICKER VIEWS

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Elon Musk on SNL

It was the key moment of his SNL performance that we remember the most. Elon Musk, one of the world’s richest people, acknowledging he has Aspergers. And he’s proud of it.

Asperger syndrome (AS), also known as Asperger’s, is a neurodevelopmental disorder, characterised by significant difficulties in social interaction and nonverbal communication.

Elon Musk on SNL

It often comes with restricted and repetitive patterns of behaviour and interests.

“I’m actually making history tonight as the first person with Asperger’s [syndrome] to host. Or at least the first to admit it,” Musk told the audience during his opening monologue. 

NOT THE FIRST

Turns out he wasn’t actually right.

Viewers quickly argued Musk’s assumption, pointing out that comedian and former “SNL” cast member Dan Aykroyd was the first on the show with the diagnosis.

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Aykroyd told the Daily Mail that his Asperger’s was manageable, although it “wasn’t diagnosed until the early Eighties”. 

Elon Musk’s announcement on Saturday about Aspergers followed days of controversy surrounding the show’s choice to make him a host, which featured a few cast members taking jabs at the one of the richest people on earth. 

Elon Musk on Weekend Update

But cast members Michael Che and Pete Davidson voiced their support for Musk on “Late Night with Seth Meyers.”

Che lauded the slate of upcoming hosts, saying Musk is “the richest man in the world, how could you not be excited for that?”

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Davidson said he didn’t “know why people are freaking out.” – adding he might ask Musk for a free Tesla.

“They’re like, ‘Oh, I can’t believe that Elon Musk is hosting!’” Davidson said. “And I’m like, the guy that makes the Earth better kinda and makes cool things and sends people to Mars?’”

VIEWER REACTION

https://twitter.com/PPathole/status/1391253342307774465?s=20

Crypto

Should you be staying away from crypto?

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Major investment banking firm, Goldman Sachs has warned its consumers to stay away from cryptocurrencies as the price of Bitcoin soars above USD$40,000 for the first time in weeks.

In a report released by the Sachs’ Wealth Management Division, the company says digital coins are “not a viable investment”

Goldman Sachs cites high energy consumption associated with mining coins as a reason to avoid the sector.

The report also details the possibility of technological advances which may make blockchain technology redundant and the risk of greater regulatory oversight.

The report says “after analysing various valuation methodologies and applying our multi-factor strategic asset allocation model, we have concluded that cryptocurrencies are not a viable investment for our clients’ diversified portfolios.”

“Musk sends one tweet and moves the dial entirely”

Meanwhile, Market Strategist Daniel Weiner joined Ticker News earlier and spoke about Elon Musk’s latest tweet that sent Bitcoin soaring.

More than four million Australians will invest in Crypto in the next four months.

Looking at the number’s, cryptocurrencies are on the rise.

That’s the consensus of a new survey of 1,027 Australians by global researcher YouGov, published by The AFR.

More than four million Australians are likely to buy crypto currencies like Bitcoin in the next 12 months, according to the published research.

One in five Australians “have owned cryptocurrency at some point”, and some 14 per cent currently holding an exposure in their portfolio.

Where is Crypto sitting in the markets?

Bitcoin tests $40K levels following positive comments from Tesla’s CEO Elon Musk and hedge fund manager Paul Tudor Jones.

The world’s largest cryptocurrency by market capitalisation is up about 20 per cent over the past e seven days.

Meanwhile, the S&P 500 rose 0.2% to a record high as of 4:03 p.m. New York time and the Nasdaq 100 rose 0.9% to a record high.

The Australian sharemarket has shot higher at the open, soaring to a new intraday record high during the opening minutes of trading.

Financials dropped as JPMorgan Chase Chief Executive Officer Jamie Dimon suggested Wall Street’s pandemic-era trading boom could be drawing to a close.

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Crypto

Bitcoin on the rise again

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Bitcoin is recovering after a very bad week

Bitcoin has surged 9.8 percent to over $39,000

The digital currency has once again proved how volatile it is, following another tweet from Elon Musk.

Musk stated that Tesla would restart transactions with the cryptocurrency when mining is done with more clean energy. 

“When there’s confirmation of reasonable (~50%) clean energy usage by miners with the positive future trend, Tesla will resume allowing Bitcoin transactions,” 

– Musk sais in a tweet.

The crypto, which has been volatile in recent weeks, added $3,490 to its previous close.

The bounce follows El Salvador voting to make Bitcoin legal tender.

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Crypto

China crypto crackdown sees over 1,100 arrested

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Police in China have arrested over 1,100 people on money-laundering charges, claiming they used cryptocurrency to help them evade the law. 

The arrests come as authorities in China step up their crackdown on cryptocurrency trading.

Reports say the money launderers charged their criminal clients a commission of 1.5% to 5% to convert illegal proceeds into virtual currencies via crypto exchanges.

Last month, three industry bodies banned crypto-related financial and payment services, and the State Council vowed to clamp down on Bitcoin mining and trading.

The public security ministry confirmed police had busted more than 170 criminal groups involved in using cryptocurrencies to launder money.

The money launderers charged their criminal clients a commission of 1.5% to 5% to convert illegal proceeds into virtual currencies via crypto exchanges.

China continues crackdowns

China’s State Council ordered a tough crackdown on telco fraud in October 2020.

Executives from two of the largest crypto exchanges that provide services to Chinese investors assisted police with their inquiries.  

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