this post was submitted on 22 Jan 2025
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It can still be done and has been done before many times https://en.m.wikipedia.org/wiki/Embrace,_extend,_and_extinguish
It's arguably already happening considering they've taken money from Blockchain Capital.
I mean, even Jack Dorsey left because he thought it wasn't actually decentralized, and that guys a stupid asshole in it for all the wrong reasons.