Elon Musk and the fall of Twitter

[mich]

Well Elon Musk has now fired more Twitter employees. This has come after the news of the EU saying Twitter has the most disinformation of all the social media.

https://www.theguardian.com/technology/2023/sep/28/elon-musk-ditches-x-twitter-election-integrity-team-key-votes-disinformation

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[gunhell16]

Maybe he might just lose money because, of course, he seems to be starting over on Twitter, but I think he can still survive on the Twitter company he bought. That's a business person, and he will definitely be able to do that with a new marketing strategy to recover those who lost to him.

And he probably also expected the same risk he did on Twitter; he can't be called a tycoon businessman if he just makes a decision in a hurry. Of course, we don't know; maybe he is observing what is happening, and while he is facing a circumstance, he may be thinking of a way or solution to that matter.

[mich]

Will you guys pay for Twitter if Elon Musk starts to charge a monthly membership fee? He says he wants to do that to combat bots on the site.

https://finance.yahoo.com/news/elon-musk-wants-pay-x-130014404.html

[L4rs_]

Twitter or X is as active as never before. I don't think Elon Musk can fck it up that hard that people start seriously switching to another platform. Even if they gonna implement a subscription model, most people will just pay.

[Huppercase]

Will you guys pay for Twitter if Elon Musk starts to charge a monthly membership fee? He says he wants to do that to combat bots on the site.

https://finance.yahoo.com/news/elon-musk-wants-pay-x-130014404.html

Why is Elon Musk acting like there is not alternative to X. Twitter is not the only available social blogging platform but they are better in principle of operation unlike the Facebook and thread. I like x but at this point, they are doing too much. What happened to ads monetization and the millions of dollar they get daily from companies, isn't that one enough to cover running cost and operations, he should try it and see if it's going to work but I'm sure that it will hit back on him afterany deactivation of accounts.

Despite the verified subscription, how many users pay for the service, or who knows the amount of paid subscribers didn't increases as they expected and that's why they now want to force users to pay. The head of advicer need to do better than this.

[xSkylarx]

Will you guys pay for Twitter if Elon Musk starts to charge a monthly membership fee? He says he wants to do that to combat bots on the site.

https://finance.yahoo.com/news/elon-musk-wants-pay-x-130014404.html

Not paying lol. There are plenty of social media platforms and I am not an active user of X only when there is crpyto news that I am checking which still has not had a big impact on me if I cannot access it if they implement that subscription fee.

It will be a big loss for Elon if he proceeds on this as there are a lot of users that don't want to spend any cents on X because they aren't getting any money from them unless they are really care on the profile that they build on twitter, luckly i was on another social media platform though ads is just annoying.

[dothebeats]

Twitter or X is as active as never before. I don't think Elon Musk can fck it up that hard that people start seriously switching to another platform. Even if they gonna implement a subscription model, most people will just pay.

I disgree. Twitter or X used to be filled with more users before compared to how it is now as most influencers and communities are finding more joy and entertainment using TikTok as a social platform. If you were using Twitter around 2018-2020 you'll realized that it was the peak of Twitter where different communities are constantly fighting for the worldwide top trending list.

Moreover, yes people will switch to another platform instead of paying just to have the basic access of using Twitter/X. You have to remember that majority of Twitter/X users are teenagers who are mostly relying on their school allowance for money. Why would anyone pay to use the basic features of a social media platform when there are free alternative ones?

[mich]

Well after 5 years there is a account called Satoshi that is now active on twitter again. There was rumors that Elon Musk was control of this twitter account.

But now the community notes say it is owned by Craig Wright. That is a person we dont trust in the crypto community and I do not want him to control it.

https://www.benzinga.com/markets/cryptocurrency/23/10/35039267/rumored-satoshi-nakamoto-account-reactivates-after-5-years-with-cryptic-message-for-bitcoi

[bakasabo]

Wow. Never thought that after purchasing Twitter, Elon Musk would get access to accounts database and use old or inactive accounts for his own profit. It wasnt mentioned that he has done it personally, nor it was done under his command or it was somehow proved that he was involved. But just imagine what hype and resonance would be created, if such accounts as Satoshi Nakamoto or other famous cryptocurrency related people would start shilling meme-coins or similar. And it all would happen under the sauce «cases when youtube channels were stolen, Elon Musk live conferences were aired, with BTC and ETH address in description with sign send me 1 BTC, I will send you 2 BTC back».

[laurenB7742]

Well after 5 years there is a account called Satoshi that is now active on twitter again. There was rumors that Elon Musk was control of this twitter account.

But now the community notes say it is owned by Craig Wright. That is a person we dont trust in the crypto community and I do not want him to control it.

https://www.benzinga.com/markets/cryptocurrency/23/10/35039267/rumored-satoshi-nakamoto-account-reactivates-after-5-years-with-cryptic-message-for-bitcoi

We don't know exactly who owns that account, but I think if Elon is really a fan of bitcoin then he should delete that account because it will cause a lot of misunderstanding in the bitcoin community. I also saw this news and people are discussing this issue a lot, there is even a topic discussing this fake account on our forum. What's more worth mentioning is that this fake account even bought Twitter's blue checkmark, which will make many people easily mistake this as really the real Satoshi.

[ndutndut]

Well after 5 years there is a account called Satoshi that is now active on twitter again. There was rumors that Elon Musk was control of this twitter account.

But now the community notes say it is owned by Craig Wright. That is a person we dont trust in the crypto community and I do not want him to control it.

https://www.benzinga.com/markets/cryptocurrency/23/10/35039267/rumored-satoshi-nakamoto-account-reactivates-after-5-years-with-cryptic-message-for-bitcoi

Yes, that's right, right now there is a lot of excitement about the return of the Twitter account with the username @satoshi, which is causing excitement because the account was active again 186 days before the Bitcoin halving. But I believe it is not a real satoshi. Because if you look at the Satoshi account again, the account uses a Twitter Blue subscription. What we know and need to know is that the blue badge is now associated with a paid subscription so this is definitely not a sign of authenticity.

[o48o]

Well after 5 years there is a account called Satoshi that is now active on twitter again. There was rumors that Elon Musk was control of this twitter account.

But now the community notes say it is owned by Craig Wright. That is a person we dont trust in the crypto community and I do not want him to control it.

https://www.benzinga.com/markets/cryptocurrency/23/10/35039267/rumored-satoshi-nakamoto-account-reactivates-after-5-years-with-cryptic-message-for-bitcoi

He owns the company, account holders have no rights to their accounts anymore. So i have no doubt that musk would take the satoshi account if it would benefit him.

Take account @x for example. It was handle of, Gene X Hwang who owned and build it from the start of twitter. Musk replaced it with handle @x12345678998765 And obviously there was no compensation for that.

We don't know exactly who owns that account, but I think if Elon is really a fan of bitcoin then he should delete that account because it will cause a lot of misunderstanding in the bitcoin community.
-cut-

Elon was never fan of bitcoin, in fact he hardly understood it. You can pretty much see that from his tweets when he is confused about pow and wants doge to turn PoS. What he was fan of, was attention and praise of the crypto community. But what he was doing all along was just pure price manipulation, and it was just another playground for him to destroy.

Well Elon Musk has now fired more Twitter employees. This has come after the news of the EU saying Twitter has the most disinformation of all the social media.

https://www.theguardian.com/technology/2023/sep/28/elon-musk-ditches-x-twitter-election-integrity-team-key-votes-disinformation

He kicked the whole team because their manager liked a tweet calling him a f***ing Dips**t. Imagine that. I guess he wants to fund their legal fees against Musk because elon has promised to cover the legal fees of anyone getting cancelled because something they did on twitter.

[laurenB7742]

We don't know exactly who owns that account, but I think if Elon is really a fan of bitcoin then he should delete that account because it will cause a lot of misunderstanding in the bitcoin community.
-cut-

Elon was never fan of bitcoin, in fact he hardly understood it. You can pretty much see that from his tweets when he is confused about pow and wants doge to turn PoS. What he was fan of, was attention and praise of the crypto community. But what he was doing all along was just pure price manipulation, and it was just another playground for him to destroy.

I know Elon's ultimate goal is profits like ours, but bitcoin also brought him significant profits. So I hope he pays attention to the news related to that fake account and deletes it to avoid affecting the bitcoin community.

As for manipulation, it is always a way for rich people to make money, we don't like it because we don't have as much money as they do. To be fair, I believe that if you or I had a lot of money, we would not ignore market manipulation to make money, it is part of any financial game that we need to adapt to.

[mich]

Well now we know who is the person who created the satoshi twitter account. His name is Andy Rowe and he is the friend of Craig Wright.

But still we do not know who did send out the tweet few fays back since 5 years. https://www.vice.com/en/article/ak347b/satoshi-nakamoto-just-posted-wtf-is-going-on

[terrific]

Wow. Never thought that after purchasing Twitter, Elon Musk would get access to accounts database and use old or inactive accounts for his own profit.

He's the owner of it so that makes sense that he's got access to it whenever he want to access it. But if he ever does that, that loses his credibility for what the service is all about and what he advocates of having free speech.

It wasnt mentioned that he has done it personally, nor it was done under his command or it was somehow proved that he was involved. But just imagine what hype and resonance would be created, if such accounts as Satoshi Nakamoto or other famous cryptocurrency related people would start shilling meme-coins or similar. And it all would happen under the sauce «cases when youtube channels were stolen, Elon Musk live conferences were aired, with BTC and ETH address in description with sign send me 1 BTC, I will send you 2 BTC back».

I didn't even know if he has done that but if he really done that for real then that would make a lot of users leave their accounts there and go somewhere else.

[FinneysTrueVision]

Twitter or X is as active as never before. I don't think Elon Musk can fck it up that hard that people start seriously switching to another platform. Even if they gonna implement a subscription model, most people will just pay.

YouTube has more of a monopoly than Twitter and has taken aggressive measures to try and force people into subscribing to YouTube Premium and yet only about 3% of users have actually subscribed.

We don't know exactly who owns that account, but I think if Elon is really a fan of bitcoin then he should delete that account because it will cause a lot of misunderstanding in the bitcoin community. I also saw this news and people are discussing this issue a lot, there is even a topic discussing this fake account on our forum. What's more worth mentioning is that this fake account even bought Twitter's blue checkmark, which will make many people easily mistake this as really the real Satoshi.

When Jack Dorsey was running Twitter they did suspend the @Satoshi account soon after it was suspected that Craig Wright had taken over. With Musk reversing all the previous suspensions it has given scammers an opportunity to spread disinformation. They have already set a precedent of suspending parody accounts and this isn’t any different. If Craig can’t prove he’s Satoshi, the account is in violation of rules regarding impersonation and should be suspended.

[Sithara007]

LOL.. when Elon took over Twitter and fired more than 90% of the staff, there were a lot of posts in social media claiming that Twitter is going to collapse and they need the "experienced" employees to make sure that everything is in order. Many months have passed and I haven't noticed any major change in my user experience with Twitter. All the doomsday predictions seems to have failed! I just hope that my own employer doesn't follow the example set by Elon and fire majority of the workforce. BTW, Google and Facebook also took steps to reduce workforce strength in recent months.

[Rivaldine]

Although he is financially one of the richest businessmen in the world, it is also worth noting that the share prices of his other companies could fall through losses on his Twitter purchase. In my opinion his main mistake was disregarding public sentiment. What is your concern?

He is a genius and he will certainly surprise you and everyone.

Maybe not all his companies will skyrocket,  but most of them are

Let's not confuse Elon's eccentric personality with his abilities and virtues, which he clearly has.

It is not rocket science to understand the obvious on X (twitter). The approach Elon has on twitter is not much helpful, irrespective of the fact that he decided to monetize certain features into looking like a web3 platform, he is enjoying the OG status twitter has, if he had setup a social network himself and started from the scratch, it won't be easy to achieve this feat.

[mich]

Well now Elon Musk has now made another change to Twitter. He is removing headlines because he thinks it will make posts look better.

Now we will only see the main image and the domain link. I do not think this is a bad change and it does make it look nice when I scroll on my phone.

There is a article that is very negative about Elon Musk and his twitter purchase. https://www.rollingstone.com/culture/culture-commentary/elon-musk-killed-twitter-one-year-1234840622/

[Blowon]

the last news I heard was that Elon Musk is going to make a paid version of twitter because the current version contains a lot of bots that he can't even handle so he decided to make a paid version. I'm sure many people will leave Twitter if that really happens. I would prefer not to use Twitter again if that happens. I hope Elon Musk will think again about the worse impacts of making Twitter paid.