They tried. Musk has no interest in decentralization. He might claim free speech but it is still on a controlled network.
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They tried. Musk has no interest in decentralization. He might claim free speech but it is still on a controlled network.
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I think Musk thought he could monetise twitter (which is hard because nobody wants to pay for news) bringing cryptocurrency to twitter. I think he was right!
So lets just bring tweets to hive and we have it all together:
A truely decentraliced and censorshipfree place to share display and discuss information with crypto already naturally integrated.. therefore also financially free and no demonetarisation.
Add an Xchange service for HBD<->BTC_Lightning and you create the perfect money.
Stable and immediately spendable (almost) without fees and instant confirmation since hive is almost instant and feeless. A perfect match.
Why Musk withdrew from the deal?
Maybe just wanted to lower the price, but it is also possible that due to recent uccurances with governmental interferences about account policies it might have dawned on him that a centralized entity that twitter is, independence of governments would never be possible.
And censorship will be a huge issue in the future.
Since the takeover is not happening now..
.. I think we should introduce tweets to Hive and make it mainstream.
Made a post about just that yesterday:
The next hot crypto niche: Decentralised Social Media - Lets bring tweets or BEEDs to HIVE
He does seem to think he can increase the profitability of Twitter. I am not certain but what do I know?
As for bringing it to Hive, that is in the works. A lot of things will come together if that happens. The key will be to get that data on the blockchain, which means then anyone can build a front end. We could end up seeing 10 "twitters" on Hive, all reading the same information.
This is how we will decentralize it. The ledger (where the data is) is distributed as well as being transparent, so anyone can pull it.
Why only have one Twitter killer when you can have a dozen (well the one is Hive).
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