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Discussion Starter · #1 ·
Elon Musk just offered to buy 100% of Twitter at a substantial premium. It's a take it or leave it offer. Understandably, many employees are upset because they may now be held accountable for some of their censorship decisions.

It was fine when they banned people with the reasoning "we're a private company and can do what we want", but it still being a private company except now being owned by Musk has upset them. Funny. I normally don't follow what Musk does but I'm hoping he prevails.
 

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This is old by Twitter standards, man

There are already several posts in the official TWTR thread and I don't see why a stock takeover is "off topic" on this forum..

He will prevail one way or another. He is in the top 10 followed Twitter accounts, the other major accounts don't even use Twitter anymore. There is already a movement of people to more decentralized platforms although it is unclear who will replace Twitter

Elon can now dump 9% of the shares on the market or encourage masses to move to a new decentralized platform that cannot be censored
 

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Because his actions are about censorship.
I support free speech but having 1 person control Twitter is worse than a company

Elon probably knows this and this will kill Twitter if they don't accept. There's already several platforms picking up momentum for this reason

YouTube will be next but that's a lot harder to replace. web3 is coming
 

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How many advertisers want to be associated with a "free for all" social media platform ?
Don't need them in web3. That's the whole point of blockchains saggy man.

Instead of centralized servers people are incentivized to run decentralized servers. Instead of central companies with expensive suits and overhead selling ads and closed source transactions, I'd happily pay pennies for secure open source transactions. It will revolutionize telecoms with mesh networks as well. They are already working with SpaceX starlink..

Boomers will not be able to understand web3 because it is very different. Just look at cable TV - all the ads target boomers
 

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Discussion Starter · #8 ·
I support free speech but having 1 person control Twitter is worse than a company
Someone can always build an alternative to Twitter if they're unhappy. In fact, that's exactly what Twitter used to say when they banned people they didn't like.

The fact that Musk taking over Twitter upsets people is exactly why it should happen. It can return to being a platform for everyone.
 

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How many advertisers want to be associated with a "free for all" social media platform ?
They'll follow the money.
They thought there was big money in being "woke", so they went there, if the big money is in Liberalism (ie free speech, civil rights and all that) they'll go there too
 

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Someone can always build an alternative to Twitter if they're unhappy. In fact, that's exactly what Twitter used to say when they banned people they didn't like.

The fact that Musk taking over Twitter upsets people is exactly why it should happen. It can return to being a platform for everyone.
I agree in this case but what if it was someone else

Like how Irvings control all the media in NB or how Bezos controls Washington Post

Of course the government is fine with those
 

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Don't need them in web3. That's the whole point of blockchains saggy man.

Instead of centralized servers people are incentivized to run decentralized servers. Instead of central companies with expensive suits and overhead selling ads and closed source transactions, I'd happily pay pennies for secure open source transactions. It will revolutionize telecoms with mesh networks as well. They are already working with SpaceX starlink..

Boomers will not be able to understand web3 because it is very different. Just look at cable TV - all the ads target boomers
It costs nothing to dream........unless you are dumb enough to invest real money into arcade game tokens.

As to Twitter........a guy bought the first Twitter post by founder Jack Dorsey last year for $2.9 million as an NFT.

He recently put the NFT up for auction valued at $48 million. The closing bid was..............$280.

LOL.......crypto crap is a joke.

 

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It costs nothing to dream........unless you are dumb enough to invest real money into arcade game tokens.

As to Twitter........a guy bought the first Twitter post by founder Jack Dorsey last year for $2.9 million as an NFT.

He recently put the NFT up for auction valued at $48 million. The closing bid was..............$280.

LOL.......crypto crap is a joke.

Elon Musk is the meme lord and the richest man in the world.

Decentralized web3 Twitter-
Tweets go on-chain, encrypted; the sender chooses who has access to them (i.e. who can decrypt).
At 500M tweets/day, $0.01/tweet would replace half of Twitter's revenue; $0.001/tweet would replace their profit. This assumes that the same costs are required (hint: they're not)
It could also be subsidized by ad revenue such as Brave browser
Users control their data (web3) and anyone could build their own UI (open source)
Different UIs could be monetized with ads or microtransactions $0.001/tweet, different UI could have different moderation policies
Microtransactions would cut down on spam
Microtransactions would allow for seamless integration for tips/payments monetization for content creators
Seamless integration with NFTs, seamless integration with Elon's beloved DOGECOIN

Bottom line is Elon aint care if saggyman thinks shopping at goodwill makes his inflation good for GICs. Jack Dorsey sold a tweet for $2.9M, sold Twitter and is now mining crypto with Tesla.

There are always geniuses and there are always morons. Follow the people with a history of being right
 

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Elon Musk is wealthy but doesn't have the money to buy Twitter. That is why his offer is conditional on financing.

Nobody on CNBC believes lenders will be interested, and if Musk takes over control most users may simply leave.

It is possible that Microsoft, Google, or Apple could make a competing bid......but they may not be approved by regulators.

Google would be the most likely candidate to make Twitter profitable.

Many are questioning if Musk is just kicking up dust prior to reporting on Tesla earnings. They may not be so great.

The reality is the competition is gaining on Tesla, and Musk has failed to deliver on past pledges on vehicle development.
 

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Fifth Amendment "free speech" rights only extend to the US.

The rest of the world has far more restrictions on hate speech, misinformation and speech promoting illegal activities like child abuse etc.

A "no censorship" social media app would be blocked in most civilized countries.
 

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Barely enough to pay for the landscaping at their headquarters.
That's the point saggyman. A Twitter user aint care about fancy execs and landscaping at the HQ

Blockchains are already running at ~$0.0005 but they are susceptible to spam and attacks. Twitter has a massive spam problem and microtransactions are known to reduce spam at little cost to users

web3 is coming and Elon is well aware
 

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Fifth Amendment "free speech" rights only extend to the US.

The rest of the world has far more restrictions on hate speech, misinformation and speech promoting illegal activities like child abuse etc.

A "no censorship" social media app would be blocked in most civilized countries.
I already addressed this above but you clearly don't read

Different UIs could have different moderation policies. If you want to live in online China that's your choice

Decentralized moderation is already working - stolen NFTs are already blacklisted by the masses on a UI.
 
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