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The payments thing is nonsense. Why would anyone want to use Twitter for payments when they could use a ton of existing options that work fine? Remember, Snapch
by bryananderson 3y ago
The payments thing is nonsense. Why would anyone want to use Twitter for payments when they could use a ton of existing options that work fine? Remember, Snapchat tried payments too. And that at least sort of made sense, since people already message their friends on Snapchat, and sending payments to friends is a common use-case. But Twitter?
He’s throwing stuff at the wall and hoping something sticks. Blue check subscriptions were a bust, so now he’ll try hiring someone to woo advertisers back. If that doesn’t work I guess he’ll try payments or something.
- hiatus 3y agoPayments makes sense. It facilitates audience monetization. Instead of people going to patreon they can send payments on twitter.
- bryananderson 3y agoIf all they want to do is supplant Patreon, fine, maybe they can? But Patreon’s valuation seems to be 1-2B. That doesn’t move the needle and is anyway far less ambitious than the stated “everything app” goal for payments.