Barring one other change of coronary heart and sure situations to be met, Elon Musk’s acquisition of Twitter appears set to go forward, prompting the query of whether or not some or the entire modifications he initially hinted for the platform will turn out to be a actuality.
The platform is a well-liked communication and information device for crypto fanatics, customers and buyers, to not point out crypto scammers, with the social media platform seeing roughly 120,000 tweets per day about #Bitcoin alone, in line with BitInfoCharts.
Trying again at Musk’s preliminary commentary when he proposed a buyout of Twitter might shed some gentle on what modifications he envisions for the platform.
This features a concentrate on free speech, eliminating spam bots, faux accounts, an edit operate and presumably even crypto funds have all been thought of and will nonetheless be on the agenda if the deal goes by.
Spam bots and faux accounts
One potential space of focus is round Twitter’s alleged spam bots.
Throughout a TED speak in Vancouver in April, Musk stated that if his supply to purchase Twitter have been profitable, a “prime precedence” can be the elimination of spam and rip-off bots from the platform, noting on the time:
“A prime precedence I might have is eliminating the spam and rip-off bots and the bot armies which can be on Twitter.”
“They make the product a lot worse. If I had a Dogecoin for each crypto rip-off I noticed, we’d have 100 billion Dogecoin,” he stated.
He has proposed to topple them by “authenticating all people,” and even made the assertion “we are going to defeat the spam bots or die attempting!”
Points regarding spam bots later turned one of many key arguments Musk used to try to stroll away from the deal.
Free speech, and return of Trump?
Musk initially addressed his stance on free speech in a tweet again in April, stating on the time, “I hope that even my worst critics stay on Twitter, as a result of that’s what free speech means.”
Within the months since, he has not publically modified his stance and elaborated on what that would imply for the platform, together with a return of former United States President Donald Trump, who was completely banned from Twitter following the Jan. 6, 2021, U.S. Capitol riot.
He acknowledged in a Might 13 tweet that whereas he thinks Trump ought to in all probability not run for president once more as a result of he’s “divisive,” Musk does assume he needs to be “restored to Twitter.”
Algorithm made public
Musk has additionally considered making Twitter’s algorithm accessible to the general public, even making a ballot that finally noticed over a million votes and had 82% of respondents saying “Sure” to the proposal.
It’s not completely clear what Musk has in thoughts nevertheless it might imply permitting the software program to be open for public inspection and permit customers to learn the code, use it for his or her functions and make ideas for modifications to the way it works.
Different concepts
Different concepts have both fizzled out or have already been applied, similar to plans to make use of blockchain know-how and charging 0.1 Dogecoin (DOGE) per tweet or retweet, which Musk later stated wouldn’t be possible.
Associated: Musk’s deal for Twitter appears set to go together with authentic $44B price ticket
Musk additionally had the thought of including an edit button and long-form tweets. Nevertheless, Twitter might have overwhelmed him to the punch with the edit button after the platform revealed that possibility lately.
take a look at went effectively, Edit Tweet is now rolling out to Twitter Blue members in Canada, Australia, and New Zealand!
US coming quickly pic.twitter.com/7NNPRC0t1I
— Twitter Blue (@TwitterBlue) October 3, 2022
The crypto neighborhood continues to be divided over whether or not the transfer might be a optimistic transfer for the platform, however others have taken to poking enjoyable on the complete state of affairs.
Twitter headquarters workplaces after Elon Musk makes his first modifications ⚠️@elonmusk pic.twitter.com/DSinQEtE7V
— Sir Doge of the Coin ⚔️ (@dogeofficialceo) October 4, 2022
Twitter seems prepared to simply accept the phrases of the deal, saying in an Oct. 4 Twitter publish they intend to shut the transaction at $54.20 per share.
