this post was submitted on 17 Sep 2024
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TBF again, he probably could have sold it again and not lost himself and other investors so much money. He still has a hero complex, it is part of his stupidity.
I mean, he couldhave sold it......but he bought it for 43 BILLION dollars.
Prior to the sale, twitter was losing money. It had never been profitable. And it was NEVER worth 43 BILLION dollars.
Sure, he could sell it for 30 million dollars, but what sense does that make?
The fact of it is, he'll likely never recover the costs he paid, because of the stupid high price he paid for a never profitable company.
The part that baffles me is......why haven't the userbase flooded outwards? If you're on twitter today, and you're not on bluesky/mastodon, you have nooooooooo right to complain that musk is supporting a facist agenda.
He is. I'm not denying that. I'm just saying twitter users have no right to complain about it, because they enable it.
That's its snowballing. You know you'd be pretty obligated to use one channel of communication if everyone uses it becauae you need to stay in touch. The same works in leaving it because you feel like ditching former Tweeter is leaving the place everyone is, even politicians.
Never used it. Never missed it. Never lost touch.
Anything that ever happened on that site worthy of being called "being in touch" has always been and always will be reported elsewhere too if its actually worthwhile. I see more more of it than I want to anyway. Even this post.
You can quit it today and not miss out on anything.
Well, it's not really snowballing. That would suggest they gained users since elon bought it. They were all there, they just refuse to leave.
And it all starts with creating a different account. Either bluesky or mastodon. Still keep twitter, but create this other account. And use it.
Now you have two accounts. And as people do this, mastodon and bluesky would face a moment where they realize that if they combined their activity, their usability would double.
If bluesky and mastodon each had a few million users, and they both became part of the fediverse, and played nice with all fediverse platforms, then suddenly bluesky users could see mastodon posts, and lemmy posts, and pixelfed posts, and peertube posts.
Same with mastodon.
And now suddenly you have a usable alternative. And people can leave twitter, but they won't leave twitter, like you said because all the content they want to consume is already there. And who produces content people want to see? Celebrities. Go check any celebrities page, they have millions of followers. Well if they started using the fediverse instead, all those millions of people have a reason to use mastodon, or bluesky as a secondary platform. And as time goes on, and more celebrities come with them, they bring their core audience.
See my post in the fediverse community for my thoughts on that, and how everyone hates it.
Everyone wants to take down google, and reddit, and twitter, but they don't want "those people" coming here. They want this place to grow....but they don't want normies and celebrities here.
No take stick, only throw.
yeah, it is not snowballing, it is Network Effect. for the people who want to use a twitter-like social network, the value is in the many other people using it.
but, as you are doing, telling people to leave is the correct move. because for every person that the network loses, the network loses value for everyone (the network effect going in reverse)
Sell the website to who? Aquaman?