Will Elon Musk's Twitter Takeover Impact Project Blank?

khaleelkazi in #hive-167922 • 2 years ago

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Ahh our coveted project blank. Elon Musk's latest attempts to buy or takeover twitter have caused a lot of discussion in our community.

Elon and many others view Twitter and other social media platforms as having overreached their powers into our lives.

Being a part of Web3, Hive and Decentralization, I think most of us can agree with those sentiments.

I think Elon would bring positive changes to Twitter. If I was a shareholder, I would welcome him with open arms.

That being said, I don't think that makes conversations around the building of platforms like Project Blank irrelevant. Project Blank and the decentralization of Social Media is the only long-term path forward.

I talk about it more in this clip from our LeoFinance Weekly AMA.

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2 years ago in #hive-167922 by khaleelkazi

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xplosive 2 years ago

I think Elon would bring positive changes to Twitter. If I was a shareholder, I would welcome him with open arms.

I do not think that the richest man on Earth would bring any positive change to Twitter. Probably this is pure business to him.

But we will see.

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taskmaster4450le 2 years ago

Is Twitter even making money? That is what he would look at if it were pure business.

I am not sure that is the reason he is in it. He has enough entities that will drive more wealth to him.

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xplosive 2 years ago

Twitter accepts Elon Musk’s buyout deal, so soon we will see it what is the case.

taskmaster4450le 2 years ago

We most certainly will. I wonder how long until he starts to Tweet out his plans.

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luvshares 2 years ago

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marvinix 2 years ago

All this shows why we need projectblank to enter the picture and take things to a whole new level.

Elon might be successful in his buy but what if it goes the other way round...what happens next? something to think about

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uyobong 2 years ago

Elon might be successful in his buy but what if it goes the other way round...what happens next? something to think about

My thoughts too. Having a true decentralized web3 solution in Twitter won't be very possible. ProjectBlank will certainly be an appealing project.

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marvinix 2 years ago

Yes, it will.

It has the potential to get more people here.

We need it now more than ever with what is going on between Elon and Twitter.

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taskmaster4450le 2 years ago

All this shows why we need projectblank to enter the picture and take things to a whole new level.

We need it now.

Actually like yesterday.

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pizzabot 2 years ago

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melbourneswest 2 years ago

Project blank of course! Elon has too much money and clearly not that good at investing. Why even bother with trying to take over Twitter?

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taskmaster4450le 2 years ago

To start, he isnt using his money. Someone is funding it so it is their money at risk, not his.

As for Twitter, it isnt going to disappear overnight. If profitable, it might be a cash generator for a while.

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melbourneswest 2 years ago

Thats the biggest concern. Do people know and how can they continue to allow him to do so. His shares have taken a hit.

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claudio83 2 years ago

I seriously doubt that Elon Musk will be able to create a truly decentralized social media. Such a brilliant character wuanto egocentric, he will hardly leave the management of one of his creatures exclusively to the community.

Project Blank will be the real Revolution 🎉

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taskmaster4450le 2 years ago

I seriously doubt that Elon Musk will be able to create a truly decentralized social media.

I dont think he stated anywhere that was his goal. He mentioned free speech, not decentralization.

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olympicdragon 2 years ago

Twitter is a centralized platform. You can't just changed things to suit you. Project Blank could assist and reward creators financially better. It's difficult for Elon to have his way !

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taskmaster4450le 2 years ago

ProjectBlank allows for true account ownership. That is where the difference enters.

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amirl 2 years ago

I used to like Elon, but I think power starts to make him evil. The latest post on Gates was an evidence of pure hate.

khaleelkazi 2 years ago

Was the post about gates unwarranted? Or did he deserve that?

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amirl 2 years ago

I think if Gates can trigger such feelings from Elon and such a response, this shows mental weakness of Musk which is dangerous for a person with such power.
I also doubt Elon really has Asperger since his conduct implies otherwise.

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johnhtims 2 years ago

Project Blank and the decentralization of Social Media is the only long-term path forward.

THIS. 100%. The days of me trusting centralized social media are long gone.

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taskmaster4450le 2 years ago

Project Blank does seem long term. Been thinking about it for a couple years now. LOL

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johnhtims 2 years ago

😂

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rtonline 2 years ago

We talked about this today. I see #ProjectBlank as a great project that will be a game changer.

Elon Musk dreams of #ProjectBlank too. I really want Elon Musk to take 100% of Twitter, that would be really great for Twitter. If they prevent this, they will have made a really big mistake.

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taskmaster4450le 2 years ago

ProjectBlank is the Killer DApp.

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shohana1 2 years ago

Well this is now a viral topic I saw someone posting having a line like "Elon VS Poison Pill" it sounds really overreaction of many people. This is now a topic of discussion. Thanks for sharing the discussion you made.

khaleelkazi 2 years ago

The poison pill was actually a reference to the strategy used by Twitter’s board to try and prevent musk’s takeover.

evidently, it didn’t work loo

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jfang003 2 years ago

At the end of the day, Twitter will be centralized and I think Elon will make it business-oriented. So they will be out to make money and I don't think that will always benefit the users either.

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taskmaster4450le 2 years ago

Making money under their model and helping users out tend to oppose each other.

The users are still the product.

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emma001 2 years ago

Don't know exactly how to feel with Elon musk now incharge. Whatever happens web3 is here to stay and I hope projectblank occupies a good spot over there

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taskmaster4450le 2 years ago

Musk in charge? Did he get approval to take over Twitter by the shareholders? I think you are jumping the gun a bit.

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emma001 2 years ago

I trust he will be a major shareholder and have some kind of influence in decision making. Whatever it is, with him now part of Twitter, certain changes are likely to happen

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taskmaster4450le 2 years ago

The board is fighting him to the point of putting in a poison pill.

My guess is that, if he loses, his stake will be bought out. He will not be welcomed. That is how hostile takeovers work.

Amazing that one is happening over Twitter but that is the case.

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ammonite 2 years ago

Hoping that Elon will grant free speech is kind of missing the point about what free speech is. Looking forward to the day that it is just taken for granted through the algorithm of Project Blank. I just hope you have it out in time to be real competition to the billionaire owned networks. Striking while the iron is hot will allow for easier marketing.

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taskmaster4450le 2 years ago

Free speech has to be tied to account and data ownership.

As long as an account can be closed, it is not free speech.

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teesart 2 years ago

The fact that Elon acknowledges Web 3.0 and the need for a decentralized platform is one things I feel quite comfortable with. I'm really curious to see how things work out with Twitter and the possibility of decentralization he's currently working on. Elon has done well for himself, his idea of a decentralized Twitter could be better than most of us think.

khaleelkazi 2 years ago

I believe he’ll bring a whole new evolution to Twitter. I’m excited to see what he comes up with

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leofinance 2 years ago

Test LeoMobile notification

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taskmaster4450le 2 years ago

The fact that Elon acknowledges Web 3.0 and the need for a decentralized platform is one things I feel quite comfortable with

Acknowledges it? He was the one who asked where it is.

He is not going to create anything to do with Web 3.0.

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eatthebugs 2 years ago

he asked where it is facetiously. to him, and to most, web 3.0 isn't web 3.0 at all.

he also wouldn't advertise competitors to what his vision of web 3.0 could be so I'm not surprised he asked where it is as a direct challenge to those in the space already.

web 3.0's definition is nowhere close to concretized man, you know that's true.

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taskmaster4450le 2 years ago

he also wouldn't advertise competitors to what his vision of web 3.0

Musk doesnt care about competitors. After all, Tesla patents are all open. So any car company can use them.

So it is a bit presumptive to believe he approaches this like many others would. He did mention open sourcing the Twitter software (we will see if he was serious about that).

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eatthebugs 2 years ago

well, he's gotten quite a bit of moolah from the People thanks to massive subsidies.

It's clear that lithium batteries in cars isn't saving the planet - it takes 500k lbs of earth/minerals to make one 1000 lb battery in his teslas.

I am all for the needle moving forward but I'm not going to wear blinders now that Elon did something I like.

Elon making people seethe across the board today on Twitter has been absolutely deliciously satisfying though. I'm almost too full on self-delight right now.

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mukadder 2 years ago

I think we will be more free on Twitter with Elon Musk. In particular, censorship of cryptocurrencies will decrease. But Elon Musk is obsessed with cryptocurrencies. It's bad that it's a little distant from those other than bitcoin and dogecoin.

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taskmaster4450le 2 years ago

Web 2.0 cannot convert to Web 3.0; it is impossible. The business model will not allow it.

Wall Street still runs the show and they expect profits. They are the "owners", not the users.

Web 3.0 looks to set this on its ear.

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uyobong 2 years ago

I think with the new phase of Twitter we envisage under Elon Musk, ProjectBlank will certainly become more appealing. We know that though Musk is a pro- FreeSpeech, the technology of Twitter cannot give a whole 100% web3 and decentralized experience that Hive is presently giving.

It's time we anticipate updates on #ProjectBlank development from LeoFinance HQ.

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taskmaster4450le 2 years ago

Twitter under Elon Musk is not going to provide data ownership. So it is still Web 2.0 no matter what he does.

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jersteemit 2 years ago

Elon been someone who like decentralization makes a little comfortable with it. How he manages it is another thing. Would be looking to see the new outlook of Twitter with him onboard

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taskmaster4450le 2 years ago

Elon is not going to decentralize Twitter.

Whoever is funding the buyout will still want to be paid. That means generating a profit. Unless Musk has a completely new business model, which he has not alluded to at all, that means advertising.

This is still Web 2.0.

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joemark 2 years ago

Twitter in the hands of musk is yet to be seen but given to his idea of decentralization, it might be a good thing. All things been equal this should usher in web 3.0 massively. Good for web3, good for projectblank

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taskmaster4450le 2 years ago

All things been equal this should usher in web 3.0 massively.

How will it usher in Web 3.0?

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emeka4 2 years ago

With the way the issue of twitter is trending with Elon Musk's idea of taking over really makes me feel there's changes that are willing to occur positively and sooner than expected which I believe will make twitter alive again than expected

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bitcoinflood 2 years ago

I mean can twitter be any worse than it already is under new ownership? Nope, but it would still be maybe a publicly traded company and it would still be owned by someone thus making no real changes to it in general. Project blank would bring real decentralization to the mix and rewarding content creators which to me is the path forward to give power back to the individual person that is creating all of the content for that platform for people to interact with in the first place.

taskmaster4450le 2 years ago

It isnt a question of being worse. Of course, Musk will likely make it better.

The question is will it sabotage the efforts of Web 3.0?

No in the slightest in my view.

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bitcoinflood 2 years ago

If anything it will fuel adoption and bring awareness to the real issues with current systems.

taskmaster4450le 2 years ago

Bringing awareness is something Musk is good at, both positively and negatively.

There is no worries. Simply put, Web 3.0 is orders of magnitude better than Web 2.0.

We just have to build it out.

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khaleelkazi 2 years ago

Undoubtedly, elon musk makes everything he touches better.

That said, there’s a limitation already in place because Twitter is still Twitter. Web2 can’t make the leap to Web3. It has to be seeded from the ground up

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taskmaster4450le 2 years ago

It is impossible to provide data ownership or account protection with Web 2.0.

Even if they dont exercise the ban, they can still ban one.

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khaleelkazi 2 years ago

Yes 100%, Twitter is already an absolute shit show. I think Elon has proven that he’s good at getting things done and generally has a positive outlook on creating abundance for the world at large

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basilmarples 2 years ago

exactly this.
Elon may even find a way to reward content creators, who knows? Im sure he could make some popular choices, but in the end, its still just another takeover and I doubt he's going to want to lose money by giving over control. He could prove that wrong of course... It would be an impressive move.
But EVEN THEN, Hive is years ahead in terms of development and experience with community tokenomics. Imagine trying to apply everything we have learned to a population the size of twitter? It would be mayhem. The real revolution is here on hive, with 3speak, project blank and sovereign communities. All we have to do is keep patiently building while the giants try and fail to convince the world otherwise.

khaleelkazi 2 years ago

Exactly, keep our head down and keep building. That’s all that matters, web2 competing with web3 is like horse and buggy competing with the automobile

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