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Author Topic: Elon Musk makes offer to buy Twitter  (Read 1280 times)
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April 29, 2022, 06:24:40 AM
 #181

We will soon find out why this purchase was made. I hope this reflects well on bitcoin. Elon Musk is a rich man. He can buy whatever he wants and Twitter is an example of this. Now he can regulate the incoming information and create the world of his dreams. This world can be anything - kind, beautiful, without war and violence, and vice versa. We will soon find out.
Yes, he has bought out Twitter for $44 billion, and Twitter agreed to it. So, Elon Musk is now the new owner of Twitter and even Jack Dorsey agreed that him (Elon Musk) taking over Twitter is the right path. Let’s hope that he unlocks the full potential of Twitter like has said he would, and not end up ruining everything that the company has worked so far to build. As for the part of bitcoin and cryptocurrencies, yes he’s backing Dogecoin.

Bitcoin is already being accepted on Twitter, but not for adverts, rather creators on the platform are allowed to accept tips in bitcoin and Ethereum from their followers on the platform. Elon Musk has made statements about Bitcoin mining being bad for the environment, does that mean he would remove every Proof of Work (PoW) cryptocurrencies on the platform, including Bitcoin?

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April 29, 2022, 09:31:09 AM
 #182

Now Twitter is already in the hands of Elon Musk and I hope that there will be a big change on Twitter, Elon Musk will always be actively talking about Crypto and hopes that after buying Twitter immediately make a new project that will compete with Bitcoin.




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April 29, 2022, 01:15:23 PM
 #183

We're not sure and don't expect that to be Elon Musk's major change to twitter.  What I think right now is that he's advocating free speech and will certainly more or less change the censorship of twitter users.  Not only Jack Dorsey but also Donald Trump also showed support for this deal.  Although, I don't think he will share his time with spaceX, Tesla, Twitter???  Any action by Elon Musk will have a sizable effect on the change that is likely to occur.  The most recent are statuses that imply his acquisition of Coca Cola or it will happen in another amazing partnership.  Everything has the potential to turn around when power and conditions are now up his sleeve!

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April 29, 2022, 04:16:23 PM
 #184

I guess Elon Musk 10% shareholder in the firm haven't been able to Grant him the level of control he desires on the social platform Twitter.

Sometimes one can have money to the extent that fell like they are supposed to own most things in life.
 
Maybe I don't know. Is Twitter having any financial debt on their shoulder? So why is E. Musk seeking for the ownership!

Could it be due to his dissatisfaction towards Bitcoin that have made him taken such move, cause it's very obvious Twitter has been and still is very influencial on Bitcoin by promoting and breaking informations  than any social media platforms.

I don't see Jack selling off Twitter at the very moment, cause as a business many even if he has the intentions of selling the firm, it wouldn't be now.

Maybe years from now, if possible.
It was basically just not "ownership" that he desired. He wanted to change some things on twitter that he felt like needed and he wasn't capable of doing that which resulted with him buying it. That’s the type of wealth he has, obviously there are financials and obviously he hopes to make a profit based on this investment however the reason he picked twitter instead of investing in something else is the fact that he wanted to change things.

Imagine being so rich that twitter does something you dislike so you spend 50 billion dollars to buy it and do the change yourself. Makes no sense to me but maybe owning information social media channel would be awesome for him.

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April 29, 2022, 05:10:27 PM
 #185

Elon made a barrage of tweets immediately after his deal with Twitter was confirmed. And many of them were quite interesting. Some of them were sarcastic, like putting cocaine back in Coca Cola. But others were quite serious, such as the attack on ultra-liberal Vijaya Gadde and the commitment to give same treatment to both the far-right and the far-left. He never put a single tweet in favor of the right-wing and vowed to keep the platform neutral. But it is the right wing (and not the centrists) who are celebrating.

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April 29, 2022, 06:07:34 PM
 #186

And now he's the owner. I don't trust him also but it's definitely a welcome change. And the stakeholders are probably happy that they may finally start seeing profits come in.

But it is the right wing (and not the centrists) who are celebrating.

Not surprising considering all the pain the lefties there has brought on others. I never used it myself personally but many people have mentioned something changed, like they're suddenly getting more engagement, etc. Common explanation I'm hearing is they probably reverted it back to what it is before shadowbanning and other stuff. Just waiting for Trump to get back there so I can watch people complain about his tweets again.

Bitcoin is already being accepted on Twitter, but not for adverts, rather creators on the platform are allowed to accept tips in bitcoin and Ethereum from their followers on the platform. Elon Musk has made statements about Bitcoin mining being bad for the environment, does that mean he would remove every Proof of Work (PoW) cryptocurrencies on the platform, including Bitcoin?

Does Twitter take a cut from these BTC tips? If yes and I don't think he'll just outright ban it from the platform. I know buying Twitter is a frivolous purchase but I'm expecting he'll also want to make a bit of money back. Maybe he will use it to influence public opinion though against non-green mining.
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April 29, 2022, 07:06:46 PM
 #187

-snip-
 he even bought it with cash, for 630 trillion, not a small amount of money for a platform,

I don't see any reference anywhere on this. And I'm not sure that it's easy to monetize his fortune that much. There will be a lot of inequality that affects his companies due to the fact that most of Elon's wealth is in liquid assets, not cash.
And I found this information:
I also read this and indeed from the news I read he bought twitter with an Equity Funding Commitment of $21 Billion and the funding commitment came from several parties such as Bank Of America, MUFG, Barclays, Societe Generate etc. and the rest is from Morgan Stanley.
But indeed this is also there are several versions there but for sure it is not from cash but Elon Willing to do the debt for Twitter.

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April 29, 2022, 07:19:22 PM
 #188

Elon is a businessman, and the reason why he purchased Twitter is to make even more profit out of it. If you compare Twitter with other social media platforms such as Facebook, you can notice that the market cap and net profits are only a tiny fraction of what is expected. Hopefully Elon will be able to monetize various avenues in Twitter and generate more profit. And who knows, he maybe able to expand the user base and make the platform even larger than it's competitors. And more importantly, he will be able to make Twitter a politically neutral platform.
I think that is because there are still many people that dont like to use twitter but if there are social media that they will use that will facebook, tiktok and youtube. There are also less ads on twitter. Elon Musk pays huge money on buying twitter so yes he will surely use the platform to generate profits so that he can recover what he spent. He can copy what other social media sites are doing like running multiple ads and adding more features like marketplaces, and others. That way, many people are going to get attracted to use twitter but making twitter free from censorship is already a big thing. This can be the time that Elon will get the sympathy of the public again.
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April 29, 2022, 07:44:48 PM
 #189

Does Twitter take a cut from these BTC tips? If yes and I don't think he'll just outright ban it from the platform. I know buying Twitter is a frivolous purchase but I'm expecting he'll also want to make a bit of money back. Maybe he will use it to influence public opinion though against non-green mining.
what is clear behind the purchase of Twitter he will be taking more of a role in making things according to his tweets. Even before Twitter was bought, the influence was massive. Moreover, if he now owns Twitter, it is possible that his influence will be unstoppable. We must remain careful because there will be a lot of manipulation of crypto prices, especially Doge Coin which seems to have the potential to be played again. Isn't that possible?

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April 29, 2022, 07:50:43 PM
 #190

Elon is a businessman, and the reason why he purchased Twitter is to make even more profit out of it. If you compare Twitter with other social media platforms such as Facebook, you can notice that the market cap and net profits are only a tiny fraction of what is expected. Hopefully Elon will be able to monetize various avenues in Twitter and generate more profit. And who knows, he maybe able to expand the user base and make the platform even larger than it's competitors. And more importantly, he will be able to make Twitter a politically neutral platform.
I think that is because there are still many people that dont like to use twitter but if there are social media that they will use that will facebook, tiktok and youtube. There are also less ads on twitter. Elon Musk pays huge money on buying twitter so yes he will surely use the platform to generate profits so that he can recover what he spent. He can copy what other social media sites are doing like running multiple ads and adding more features like marketplaces, and others. That way, many people are going to get attracted to use twitter but making twitter free from censorship is already a big thing. This can be the time that Elon will get the sympathy of the public again.
Of course, Elon Musk will change Twitter according to his wishes, namely freedom of speech that is arranged in such a way as to keep it safe for its users. Here I don't know how they do it because Twitter already has its own culture among its users.
He said Elon Musk will make a breakthrough to bring Twitter back to its heyday, here of course he is very optimistic because before Twitter was rarely heard and not as popular as it used to be because many social media are easier for people to use.

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April 29, 2022, 08:46:17 PM
 #191

Elon is a businessman, and the reason why he purchased Twitter is to make even more profit out of it. If you compare Twitter with other social media platforms such as Facebook, you can notice that the market cap and net profits are only a tiny fraction of what is expected. Hopefully Elon will be able to monetize various avenues in Twitter and generate more profit. And who knows, he maybe able to expand the user base and make the platform even larger than it's competitors. And more importantly, he will be able to make Twitter a politically neutral platform.
I think that is because there are still many people that dont like to use twitter but if there are social media that they will use that will facebook, tiktok and youtube. There are also less ads on twitter. Elon Musk pays huge money on buying twitter so yes he will surely use the platform to generate profits so that he can recover what he spent. He can copy what other social media sites are doing like running multiple ads and adding more features like marketplaces, and others. That way, many people are going to get attracted to use twitter but making twitter free from censorship is already a big thing. This can be the time that Elon will get the sympathy of the public again.
Yes, making Twitter free from censorship is a moment that Elon Musk must embrace. Twitter is an unfiltered social media, some adult content still appears there and that makes us as parents to always monitor the use of twitter of our children. Twitter has been a place for freedom of speech, and I also strongly support Elon Musk to make Twitter even better. This means that regardless of age those who use Twitter, they will not feel disturbed by the various published content.
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April 30, 2022, 11:28:26 AM
 #192

But it is the right wing (and not the centrists) who are celebrating.

Not surprising considering all the pain the lefties there has brought on others. I never used it myself personally but many people have mentioned something changed, like they're suddenly getting more engagement, etc. Common explanation I'm hearing is they probably reverted it back to what it is before shadowbanning and other stuff. Just waiting for Trump to get back there so I can watch people complain about his tweets again.

Here is one of the recent tweets from Elon:

https://twitter.com/elonmusk/status/1519415674111672325

Quote
For Twitter to deserve public trust, it must be politically neutral, which effectively means upsetting the far right and the far left equally

And below is one of the replies he received:
https://twitter.com/theskindoctor13/status/1519499914547400704

Quote
I don't think it'll upset them "equally". Far or not, right is going to be happy with political neutrality and left will cry foul as when preferential treatment becomes a rule, equally treatment feels unfair. Left is used to pampering here. They'll be really upset when it's gone.

As the reply explained in a wonderful manner, if Twitter becomes even remotely politically neutral, the leftists are going to lose one of their major weapons. For the last many years, social media platforms such as twitter has been used by the ultra-left, to suppress voices that they don't like. And the reaction has been quite ballistic. Vijaya Gadde reportedly sobbed when she heard about the Elon takeover:

https://www.news18.com/news/world/twitter-policy-head-vijaya-gadde-cried-at-board-meeting-following-elon-musk-takeover-billionaire-slams-her-for-truthful-news-5063869.html

Twitter Policy Head Vijaya Gadde Cried At Board Meeting Following Elon Musk Takeover; Billionaire Slams Her For Censoring News Agency


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April 30, 2022, 11:54:00 AM
 #193

Hello
Great topic, I also heard a lot about this information. Mask has already bought Twitter?
Yeap, its official.
https://www.gsmarena.com/its_official_elon_musk_just_bought_twitter_for_44_billion-news-54074.php

Dont know on what would be his plans but as reading out this is talking about
wanting Twitter to adhere more closely to the principles of free speech,
Snipped on here.

I want to believe that it will be so now. Perhaps we will learn a lot of new news. In this case, this information will be reflected in the political situation. But I think there are certain political interests. and they are not interested in some facts being known to the public. I'm very interested in how he will do in this situation. Information is power. And in recent months, we can see this.

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April 30, 2022, 02:28:07 PM
 #194

Does Twitter take a cut from these BTC tips? If yes and I don't think he'll just outright ban it from the platform. I know buying Twitter is a frivolous purchase but I'm expecting he'll also want to make a bit of money back. Maybe he will use it to influence public opinion though against non-green mining.
what is clear behind the purchase of Twitter he will be taking more of a role in making things according to his tweets. Even before Twitter was bought, the influence was massive. Moreover, if he now owns Twitter, it is possible that his influence will be unstoppable. We must remain careful because there will be a lot of manipulation of crypto prices, especially Doge Coin which seems to have the potential to be played again. Isn't that possible?

At this point I'm expecting that to happen. He's been promoting that so I wouldn't be surprised if try to pump it by hyping it up. What I'm curious though is if he'll ever be making his own crypto coz he definitely can and now have a platform to promote it unrestricted.
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April 30, 2022, 02:50:19 PM
 #195

Hello
Great topic, I also heard a lot about this information. Mask has already bought Twitter?
Yeap, its official.
https://www.gsmarena.com/its_official_elon_musk_just_bought_twitter_for_44_billion-news-54074.php

Dont know on what would be his plans but as reading out this is talking about
wanting Twitter to adhere more closely to the principles of free speech,
Snipped on here.

I want to believe that it will be so now. Perhaps we will learn a lot of new news. In this case, this information will be reflected in the political situation. But I think there are certain political interests. and they are not interested in some facts being known to the public. I'm very interested in how he will do in this situation. Information is power. And in recent months, we can see this.
for now we can only guess what will happen next, because there is no way an elon musk will be open about his real strategy, advertising with bitcoin payments whether it will be realized or not we don't know, especially before Elon threw a doge on the moon. For those who can read Elon Musk's way of thinking, maybe in the future they will become rich people, because of course there will be surprises that may be beyond the knowledge of most people.

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April 30, 2022, 02:55:18 PM
 #196

Now twitter is in full control of Elon musk, and I'm sure soon there will be a big surprise from twitter, and the thing that is very much awaited is about cryptocurrencies that will soon be present on the twitter menu for example the deposit and withdraw menu.
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April 30, 2022, 03:21:28 PM
 #197

Now twitter is in full control of Elon musk, and I'm sure soon there will be a big surprise from twitter, and the thing that is very much awaited is about cryptocurrencies that will soon be present on the twitter menu for example the deposit and withdraw menu.

That's expected already.
Remember what he says before Twitter decided to sell it to him? He said, he is the only person that could make Twitter to add some extra ordinary feature. But, we also have to remember that Elon's actions are always on his favour.
Earning more money is his obsession.

R


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April 30, 2022, 03:26:00 PM
 #198

Now Twitter is already in the hands of Elon Musk and I hope that there will be a big change on Twitter, Elon Musk will always be actively talking about Crypto and hopes that after buying Twitter immediately make a new project that will compete with Bitcoin.

if elon musk still continuely shilling doge , it could bring to twitter too. collaboration between doge as mass coin and twitter as social media platform that have millions user would be best in history, doge price will instantly pumped if twitter start shilling it. the only thing is wait next statement regarding this collaboration from elon.
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April 30, 2022, 03:39:49 PM
 #199

Now Twitter is already in the hands of Elon Musk and I hope that there will be a big change on Twitter, Elon Musk will always be actively talking about Crypto and hopes that after buying Twitter immediately make a new project that will compete with Bitcoin.

if elon musk still continuely shilling doge , it could bring to twitter too. collaboration between doge as mass coin and twitter as social media platform that have millions user would be best in history, doge price will instantly pumped if twitter start shilling it. the only thing is wait next statement regarding this collaboration from elon.

I do not think that Elon brought Twitter only to shill doge. A crypto enthusiast like Elon could bring new innovations and ideas to that platform which he could use for his own benefits. Till now elons course of action shows he is only interested in making more money for himself. His speech about creating Twitter as a platform for free speech looks bull shit to me. But it's for sure Twitter will go through tons of features and update in the Elon regime.

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April 30, 2022, 03:49:58 PM
 #200

Now Twitter is already in the hands of Elon Musk and I hope that there will be a big change on Twitter, Elon Musk will always be actively talking about Crypto and hopes that after buying Twitter immediately make a new project that will compete with Bitcoin.

if elon musk still continuely shilling doge , it could bring to twitter too. collaboration between doge as mass coin and twitter as social media platform that have millions user would be best in history, doge price will instantly pumped if twitter start shilling it. the only thing is wait next statement regarding this collaboration from elon.

I do not think that Elon brought Twitter only to shill doge. A crypto enthusiast like Elon could bring new innovations and ideas to that platform which he could use for his own benefits. Till now elons course of action shows he is only interested in making more money for himself. His speech about creating Twitter as a platform for free speech looks bull shit to me. But it's for sure Twitter will go through tons of features and update in the Elon regime.

it doesn't sound like free speech too since he just banned Bill Gates and we all know he hates Gates a long time ago. just recently he troll him and then Gates taught him about being a philanthropist. Elon didn't like it and bam! banned.  He fired Twitter board too so they are all jobless  Grin

if this is about his politics then the demo is not just the only one in danger on this platform. but i do hope he will really add doge in his plan for the twitter. i'm bagging  my life savings.













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