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Author Topic: Twitter CEO and pro-Bitcoiner Jack Dorsey strikes again!  (Read 207 times)
YuginKadoya
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December 13, 2019, 03:27:05 PM
 #21

Twitter might be scheming something here but as Jack Dorsey suggested that he would implement a decentralized standard with social media and such as twitter let's just see and wait for further news about it, but as other social media had been very dark with cryptocurrency by banning all related advertisement regarding cryptocurrency and decentralized projects well twitter in the other hand was I think very open with cryptocurrency-related projects.
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December 13, 2019, 03:34:17 PM
 #22

It is not clear what is meant by the decentralized standard for social networks.
Me neither, though I didn't click on the article and just read what OP quoted.  Wouldn't a decentralized social media app put Twitter and Facebook out of business?  If you didn't have to rely on a company like one of those for sending tweets or whatever, it seems like they wouldn't be able to make money--but I don't understand any of the details of what the CEO is proposing, so I'm just thinking out loud.

This doesn't do anything for bitcoin, though, and I wish the Twitter CEO would figure out a way to incorporate btc into their platform or something.  Bitcoin is impractical as a tipping mechanism unless it worked like a faucet where you'd have to accumulate enough of it to withdraw, but there could be some other uses for it on Twitter.  Maybe. 

I don't use social media and don't care much about it, so I don't know how important it is for services like the ones Twitter, Facebook, and the others provide to be decentralized.  If that meant that your personal data couldn't be stolen or exploited, I'd be all for it.  But I'm not sure if that's what it means at all.

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December 13, 2019, 03:37:07 PM
 #23

Twitter banned accounts before just because they were critisizing someone famous. I remember Nouriel Roubini was taking pride in reporting accounts that were almost instantly suspended.
Once someone with power gets annoyed by criticism twitter is there to apply a few of their thousand rules that it is impossible not to break.
Orwellian Bullshit twitter.

For Dorsey, decentralizing twitter probably means whoever pays most will have his opinion posted.
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December 13, 2019, 03:54:53 PM
 #24

The CEO of Twitter, Jack Dorsey, has announced that the platform will be funding a small team to develop a decentralized standard for social media.

In a tweet made by Twitter’s CEO earlier today, Dorsey said that Twitter plans to fund a “small independent team of up to five open source architects, engineers, and designers.” The end goal is to create a new decentralized standard which presumably will be for all social media. Twitter will be putting its weight behind the project and will, if successful, adopt this standard, someday.


Source link here

For the love of God, Jack you've really surprised me today!

I think this is definitely a great decision by Twitter CEO Jack Dorsey. Since he's an advocate of Bitcoin and other cryptocurrencies, he is planning to something for us to accept and adopt social media's decentralized standard.

I don't know what you guys are thinking of Jack Dorsey's move. Do you think we are so ready for the decentralized standard?

Just let me know about your opinion, reaction or feedback about this one. For me, this is definitely huge and Twitter looks to be ahead of the line!
It is not clear what is meant by the decentralized standard for social networks. Let them first create what they want, and then we will see how much this is necessary for users of social networks. And it will turn out like with a Libra coin. A lot of noise, and as a result, there may not be any coin. In any case, it will not have the effect that was previously expected.

A centralized social media company will sponsor a team that will develop a decentralized social media platform. Its like saying plastic manufacturers will sponsor a team that will bring awareness regarding harmful effect of plastic.
Lets wait and see how this social media look like.

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December 13, 2019, 05:13:22 PM
 #25

The CEO of Twitter, Jack Dorsey, has announced that the platform will be funding a small team to develop a decentralized standard for social media.

In a tweet made by Twitter’s CEO earlier today, Dorsey said that Twitter plans to fund a “small independent team of up to five open source architects, engineers, and designers.” The end goal is to create a new decentralized standard which presumably will be for all social media. Twitter will be putting its weight behind the project and will, if successful, adopt this standard, someday.


Source link here

For the love of God, Jack you've really surprised me today!

I think this is definitely a great decision by Twitter CEO Jack Dorsey. Since he's an advocate of Bitcoin and other cryptocurrencies, he is planning to something for us to accept and adopt social media's decentralized standard.

I don't know what you guys are thinking of Jack Dorsey's move. Do you think we are so ready for the decentralized standard?

Just let me know about your opinion, reaction or feedback about this one. For me, this is definitely huge and Twitter looks to be ahead of the line!
Wow, that's great news! This guy is awesome, he's shown his pro-Bitcoin attitude before. This project sounds interesting, it kind of reminds me of a Pied Piper decentralized internet project from Silicon Valley. And since it's Jack, it's truly reasonable to accept Bitcoin to get integrated, in case a cryptocurrency is needed.
Decentralized will be = Censorship-resistant. How can pedophiles be regulated from posting/sharing child-porn?

I believe it will be adopted by them first.
Shit, that sounds like a terrible downside. If something is not regulated, it seems that it should mean that absolutely nothing gets regulated, since otherwise there's a way to manipulate the system to repress people for various reasons... I think that a fine balance is yet to be achieved...

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December 13, 2019, 05:17:41 PM
 #26

I like how Jack is  a pro bitcoin guy but the idea of decentralized social media may not work.

There will always people who'll post silly illegal stuff and I think the only way you can fight them is just pulling their plug. You can't do that in a decentralized system. I am not sure about this but maybe a voting system would solve this problem but then the governments will not like it.

But hey, the governments don't like bitcoin too (at least some of them) but they still can't kill it.

I can't decide if this is  good thing or bad tbh.

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December 13, 2019, 05:29:20 PM
 #27

The CEO of Twitter, Jack Dorsey, has announced that the platform will be funding a small team to develop a decentralized standard for social media.

In a tweet made by Twitter’s CEO earlier today, Dorsey said that Twitter plans to fund a “small independent team of up to five open source architects, engineers, and designers.” The end goal is to create a new decentralized standard which presumably will be for all social media. Twitter will be putting its weight behind the project and will, if successful, adopt this standard, someday.


For the love of God, Jack you've really surprised me today!

I think this is definitely a great decision by Twitter CEO Jack Dorsey. Since he's an advocate of Bitcoin and other cryptocurrencies, he is planning to something for us to accept and adopt social media's decentralized standard.

I don't know what you guys are thinking of Jack Dorsey's move. Do you think we are so ready for the decentralized standard?

Just let me know about your opinion, reaction or feedback about this one. For me, this is definitely huge and Twitter looks to be ahead of the line!

I don't think this is going to get too far. The likes of Google and Facebook used (the same) decentralized Instant Messenger (open source) protocol (XMPP) at first, but the first thing they did was not let it connect to the rest of the world (centralize it), thus ruining its first advantage. Later Google got rid it entirely for something theirs.

Even if twitter honestly develops and use an open decentralized standard, the others would likely not follow. Since my twitter account is probably gone, due to the new 6 month inactivity = delete, i would like to open an account elsewhere that still would be possible to follow by twitter users (and vice versa).

The other likely result is, of course, Goggle will jump in with their "even better" standard. So its like that xkcd comic...

Unlike the other examples, there has been little or no effort by instant messaging companies to make their services interoperable. There's more value to keeping IM as a closed platform so users are forced to use the company's software to access it. Some software, like the Trillian chat client, can connect to multiple different services, but there is essentially no way to, for example, send a Twitter message directly to a Skype user.

Of course this is the right attitude, if a bit late... Hope something useful comes out from it.

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December 16, 2019, 08:10:59 AM
 #28

The CEO of Twitter, Jack Dorsey, has announced that the platform will be funding a small team to develop a decentralized standard for social media.
It's a really good thing, this will help to push the idea of decentralization if it happens to be successful. I have seen someone that once asked a question on whether there is going to be a decentralized social media platform and some people were saying it's unnecessary, and now that same idea is about to manifest. I hope that it works out and become a success, these are really what we need.

It is not clear what is meant by the decentralized standard for social networks. Let them first create what they want, and then we will see how much this is necessary for users of social networks.
Decentralized social networks are decentralized and distributed among distinct providers. That means if you're using one of the social websites, you're able to communicate with others that uses other sites that are involved in the decentralized network. I don't really know for sure how people are going to react to this, but let's wait for it.
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