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> We don’t need a half assed Twitter replacement. Twitter as an announcement platform offers nothing approaching USD $40b in value. Other governments and organ
by heresie-dabord 4y ago
> We don’t need a half assed Twitter replacement.
Twitter as an announcement platform offers nothing approaching USD $40b in value. Other governments and organisations could follow the example of the EU and establish a Mastodon server.
Twitter as another "social media" cluster of coitus never really had a clear value proposition apart from 90% of its revenue coming from advertising.
As such, it is just another advertising delivery system.
- MichaelCollins 4y agoI doubt he'll ever make his money back, but does that mean twitter will cease to exist? I don't think so. I think the rich buy media for the influence, not profit. Obviously he severely overpaid, but owning twitter still gives him influence. And it's not like twitter is loaded with assets; liquidating the company won't get his money back.