#Play off? Nearly 60% voted for Elon Musk to resign as Twitter chief#
On December 19, Elon Musk launched a Twitter vote on "whether he should resign as the head of Twitter" and said he would abide by the results of the vote. In the end, there were a total of more than 17.37 million votes, and about 57.5% of the votes supported Elon Musk's resignation. Will Musk really keep his promise to resign?
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Chris Lee
Bitcoin, it will always come back! Buckle up and enjoy the journey in 2016! I hope everyone can weather this crypto winter. I entered this industry in 2016 and am now experiencing its third cycle. Compared to other traditional assets, Bitcoin is relatively new and small. Although it has a "store of value" function, it is classified as a "risky asset." The only factor determining its value is "liquidity." With institutional investment, things have become more complex, with various leveraged products amplifying its impact. In fact, every asset has its underlying logic. The most important thing about Bitcoin is that it's the only decentralized asset widely accepted by the public. When I was at OKX, people joked that even a nuclear bomb couldn't destroy Bitcoin. Duan Yongping often says that when investing in an asset, you should mainly look at two things: the business model and the culture. Bitcoin is the only decentralized proxy asset with a limited supply of 21 million coins that is widely accepted; it's a kind of religion, a faith. Many good companies, like Tesla, seem expensive to some based on data, but people believe in Elon Musk; he can create miracles. While Tesla's stock price is volatile, it consistently delivers surprises (and sometimes shocks), just like Bitcoin. It has never disappointed me; it always comes back. I'm grateful that even as a traditional professional like a CPA and a CFO of a large company, I have this faith. It has made me who I am, and I believe it can make many more successful, and I see future opportunities for the next generation. Furthermore, the 2028 halving cycle is still two years and three months away, with a conservative estimate of over 40% CAGR for on-chain assets. This year, market volatility will be high, not only in cryptocurrencies but also in stocks and gold. However, what remains constant is the government's continuous printing of money. Bitcoin, gold, and silver are truly People's Money! Brothers and sisters, have faith! Fasten your seatbelt and enjoy the ride! This assumes low leverage, or even no leverage at all! Wishing you and your family health and safety! Chris Lee
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