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This David Sacks is kicking the CNBC censorship-cheerleaders' asses.
Here's the David Sacks CNBC segment earlier, edited as usual. https://www.cnbc.com/video/2021/02/03/why-david-sacks-says-gamestop-is-a-warning-on-censorship.html
David Sacks:
"GameStop was a warning: Elites are weaponizing censorship to keep the outsiders out" $GME
"What the insiders fear is not the end of democracy, but the end of their control over it, and the loss of the benefits they extract from it."
https://www.persuasion.community/p/the-insiders-game
"GameStop was a warning: Elites are weaponizing censorship to keep the outsiders out" $GME
"What the insiders fear is not the end of democracy, but the end of their control over it, and the loss of the benefits they extract from it."
https://www.persuasion.community/p/the-insiders-game
"If there is a Big Lie in American politics right now, it is the idea that censorship of social media is necessary to save democracy...nobody benefits more than the rulers from malleable censorship rules that are easily weaponized to restrict, disrupt, or disband the Square."
"...Robinhood forbade its users from buying GameStop and other stocks that WallStreetBets had identified as short squeeze opportunities. Users were allowed only to “close their positions”—in other words, to sell to the shorts desperate to buy." $GME
"The censorship power is always justified in response to a genuine outrage or crisis, but it is rarely relinquished once the threat passes. Rather it gets weaponized to protect powerful, connected insiders, as the GameStop fiasco illustrates."
https://www.theatlantic.com/international/archive/2019/01/trump-renews-24-year-old-terrorism-state-emergency/581050/
https://www.theatlantic.com/international/archive/2019/01/trump-renews-24-year-old-terrorism-state-emergency/581050/
"How do we suppose Discord chose that moment to enforce its “Community Guidelines” against WallStreetBets? Almost certainly, one of the hedge funds whose ox was being gored combed through their message boards looking for anything that might violate the terms of service."
"Scapegoating Parler served the dual purpose of deflecting blame and squashing a competitor."
"What all of our elites have in common is a reason to fear social media. Legacy media hates social media for disrupting their business models and competing with them for influence."
"Wall Street has just learned that organized social networks can threaten their control of the Monopoly board. The party in power benefits from increased censorship and repression of political dissent by labeling it “hate speech” and “disinformation.”' $gme
