Ex-Twitter Jack Dorsey Admits He’s to Blame for Centralized Web - Musk Comes to Rescue? by@AR

Ex-Twitter Jack Dorsey Admits He’s to Blame for Centralized Web - Musk Comes to Rescue?

image
Crypto Fireside HackerNoon profile picture

Crypto Fireside

🔥Crypto Fireside — Interviews with crypto people.

Jack Dorsey, Twitter’s co-founder, has spoken out about the problems with a centralized internet — and he admits that he’s partially to blame for it.

In a series of tweets, Dorsey summarized that the internet has become too centralized, with a few big companies dominating the space.

image

He was highlighting that this concentration of power is also bad for innovation and creativity, as it leads to stagnation. Or at least that is what I took from it.

Dorsey isn’t the only one who has spoken out about the dangers of a centralized internet. In recent years, there has been a growing movement toward decentralization of the web, with people looking for ways to break up the big tech companies or at least loosen their tentacle-like grasp.

image

Just days after Dorsey came out with these Tweets it was revealed Elon Musk has purchased a 9.2 percent stake in Twitter according to an official regulatory filing posted Monday morning, making him the company’s largest individual shareholder.

So what is behind all this?

I’m personally always skeptical when I see stuff like this when the media decides to give it an angle of their own.

That angle? Twitter has a dark side, they are not big on the whole freedom of speech thing and so here comes Elon Musk, riding his sabretooth Cyber Truck like the American knight in shining armor that he is.

Really? Maybe.

I think one potential move this does is it gives his electric car company Tesla more access to mobile payments. What many people do not know is that Twitter has done a lot of work in this space recently.

So if you combine that thinking with Musk’s obsession with Dogecoin, maybe there is something brewing in the background of all this other than just all the #BringBackTrump and #BringBackAlexJones trending hashtags currently on Twitter.

I don’t know, what do you think?

How to show your support?

Consider buying me a beer or coffee with Crypto — Options below.

Ethereum ETH: 0xa6F834525b5b44a7F1188B4D1323dDee865fc643

Bitcoin BTC: bc1qkckgslfczefjw9fvg7c2lmpgk9g5q9pyqk4nmy

Monero XMR: 4B23PZr53mYGNXzLvNXh5mcSQ5ABwi2RaEc2jfZLwj3vKgrQ7TmjsGNLoeKTnseUZUbeucpv3bihuYWLS1DtQnsvVWxFjtH

Bincance BNB: bnb10lxgm4k34aqgsqyxjrf80de9yupm3n9fd0rr9z

Cardano ADA: addr1qy7rusmc3l03mnds6mhv7v0c6qh3hqgcwwhqqgn7r0e0pufu8eph3r7lrhxmp4hweucl35p0rwq3suawqq38uxlj7rcs5574fv

Andrei R, 🔥Crypto Fireside

P.S. This is not financial advice, DYOR.
P.P.S My vested financial interests in Crypto? I own FIRO and that is all :)


Welcome to the Decentralized Internet Contest!

Jack Dorsey, Twitter’s co-founder, has spoken out about the problems with a centralized internet — and he admits that he’s partially to blame for it.

In a series of tweets, Dorsey summarized that the internet has become too centralized, with a few big companies dominating the space.

image

He was highlighting that this concentration of power is also bad for innovation and creativity, as it leads to stagnation. Or at least that is what I took from it.

Dorsey isn’t the only one who has spoken out about the dangers of a centralized internet. In recent years, there has been a growing movement toward decentralization of the web, with people looking for ways to break up the big tech companies or at least loosen their tentacle-like grasp.

image

Just days after Dorsey came out with these Tweets it was revealed Elon Musk has purchased a 9.2 percent stake in Twitter according to an official regulatory filing posted Monday morning, making him the company’s largest individual shareholder.

So what is behind all this?

I’m personally always skeptical when I see stuff like this when the media decides to give it an angle of their own.

That angle? Twitter has a dark side, they are not big on the whole freedom of speech thing and so here comes Elon Musk, riding his sabretooth Cyber Truck like the American knight in shining armor that he is.

Really? Maybe.

I think one potential move this does is it gives his electric car company Tesla more access to mobile payments. What many people do not know is that Twitter has done a lot of work in this space recently.

So if you combine that thinking with Musk’s obsession with Dogecoin, maybe there is something brewing in the background of all this other than just all the #BringBackTrump and #BringBackAlexJones trending hashtags currently on Twitter.

I don’t know, what do you think?

How to show your support?

Consider buying me a beer or coffee with Crypto — Options below.

Ethereum ETH: 0xa6F834525b5b44a7F1188B4D1323dDee865fc643

Bitcoin BTC: bc1qkckgslfczefjw9fvg7c2lmpgk9g5q9pyqk4nmy

Monero XMR: 4B23PZr53mYGNXzLvNXh5mcSQ5ABwi2RaEc2jfZLwj3vKgrQ7TmjsGNLoeKTnseUZUbeucpv3bihuYWLS1DtQnsvVWxFjtH

Bincance BNB: bnb10lxgm4k34aqgsqyxjrf80de9yupm3n9fd0rr9z

Cardano ADA: addr1qy7rusmc3l03mnds6mhv7v0c6qh3hqgcwwhqqgn7r0e0pufu8eph3r7lrhxmp4hweucl35p0rwq3suawqq38uxlj7rcs5574fv

Andrei R, 🔥Crypto Fireside

P.S. This is not financial advice, DYOR.
P.P.S My vested financial interests in Crypto? I own FIRO and that is all :)

Comments

Signup or Login to Join the Discussion

Tags

Related Stories