Well Elon Musk finally acquired twitter, and people are having lots of opinion about it, especially towards crypto. Especially since we know that he claimed to be the dogefather. So expect more doge integration on twitter, remember jack Dorsey was all about bitcoin and twitter, now we are going to be seeing more of dogecoin and twitter. There is possibility that we will be seeing more of Binance since the CEO of Binance claimed that Binance contributed about $500 Million to help Elon Musk acquire twitter. Binance is also expected to use their Binance Smart chain to help combat twitter bot.
But does this means that we are going to have a fully decentralised twitter? Absolutely not, first of all, Elon Musk acquired twitter for the sum of $44 Billion, he is going to want to make his profit back. Second of all, he is expected to assume the CEO position soon as he has fired the previous CEO of twitter. So no, we are not going to be getting a decentralised twitter but may be a little bit more freedom of speech since he is looking forward to giving the users freedom of speech on twitter. But guess who doesn’t have to bother about freedom of speech and decentralisation? Me, because I am a Hive owner, there is no CEO and certainly no control over my account by any CEO. As a matter of fact, if you think you can’t always write voluminous post on Hive and you just want to express yourself, we have the leothreads for micro blogging which is highly decentralised.
As a matter of fact, there is an edit button on leothreads that lets you edit your post if you made a mistake, but twitterers users can’t. Its funny how everything Elon Musk claims to want from decentralised social media is on Hive but they choose to overlook Hive. No social media platform on earth is as decentralised as Hive, and this pose as a threat to them. Especially now we have the microblogging option through leothreads. I hope more people will utilise the leothreads option especially the crypto enthusiast on twitter. With leothreads, you can view your threads you have made and also edit them. We also have the first reply display under threads and also have the use of emojis on leothreads, microblogging has been made far easier for us.
Well, crypto is here to stay and so is Hive, we dont know where the space will be in 10 years time but I know it will definitely be amazing and I can’t wait to tell people about our humble beginning on this space. Its just a matter of time.
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Elon will indeed turn Twitter into a huge cash cow squeezing every ounce of milk as possible. I don't know how things will go but they don't look too good in the end, decentralization cannot be mimicked ;)
Well it isnt fully decentralized without redundancy. Since Leofinance is the only way to access it, we cannot say it is decentralized since that is the point of vulnerability.
We need a few more front ends to incorporate the feature. Once that happens, then we can say its decentralized.
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solid point worth considering.
that is a good point, i believe with time, others might get inspired
He doesn't have to be CEO from the look of things, if he can fire people already what does that make him.
I don't see it nearing the decentralization we have on hive tho, but it's all relative tho, communities are with confines here as well, except for personal blogs and the likes.
The real issue is the business behind this and the psychology he brings. He claims to be saving society hehe ..
And he know he might probably fail at it.
Meanwhile let's work at making hive an easy roll in platform for seekers of microbloging and web3 community. We are still few miles away, but we ll get there.
well said, hive can only be the truest decentralised social media for now till another one says otherwise.
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