It’s a joke from this dude
It’s a joke from this dude
But what if they mutate?!
It’s a common thing in many countries. It’s, among other things, a liability issue.
If your “country #1” company does business in “country #2” then what laws apply to them?
In order to distinguish clear lines what “country #2” requires is a representative for the company to be in the country. If the company breaks “country #2”'s laws then the representative is liable for it.
Generally to be a representative you have to have a measurable stake in the transaction, you can’t just be a random Jimbo, so it usually falls to a law firm (or an entity that works with one), mainly because if you need people to help your company follow the law, then they should know the law.
If the company breaks the law, the firm has to deal with that, so it’s a risk for them.
In this case, X needed that representative, either they couldn’t or wouldn’t find one, therefore Brazil said “we can’t hold you accountable to our laws, so get out of our country.”
I’m super, MEGA, oversimplifying, and I’m no expert, but this is my best understanding.
They require a representative in order to establish a chain of responsibility that deals with crime, censorship, social health (lol), public relations, etc.
It does come down to a combination of size, influence, services rendered, and other factors.
He could put a random kid in charge but it would make it worse, like putting a busboy in a chef’s hat during Rush hour.
I mean, you’re being facetious, but no, the law being “your company must have a legal representative to be within our borders”
X was told about it, given a deadline, they missed the deadline, they can’t be in Brazil
Actions have consequences
Because they broke the law.
Censorship isn’t the same as consequences.
Elon’s companies have had financial trends that ebb and flow with the whims of the influence of their owner, intended and otherwise, the correlation is:
They have the same owner.
Same owner, pretty simple.
“If you help my X then your T goes up in value”
You didn’t misremember, it was a scholarly discussion point that spread too far before it got debunked, like how some people still believe the “gum stays inside you for 7 years”