Blockchain

How Elon Musk's Grand Crypto Twitter Experiment Can Succeed | Forbes



Musk, whose offer to buy Twitter for $44 billion was accepted by the company’s board in April, said the takeover deal was “temporarily on hold” amid concerns over the number of fake and spam accounts on the site.

Around two hours from his first tweet, Musk added he was “still committed to acquisition.”

Knocking down the wall of Web2 is going to take a Herculean effort. Everybody is aware of the problems when it comes to Web2, like the creepiness of data trackers such as cookies and the inordinate amount of knowledge that they provide about us. Despite these hesitations, consumers still like the convenience of the products. All that runs on advertising, and those advertising dollars are driven by sophisticated algorithms that track user activity on the site and elsewhere to feed ads to the user at the precise time that they are ready to buy.

Subscribe to Steven Erlich’s Newsletter: https://www.forbes.com/newsletters/forbescryptoassetadvisor/2022/04/29/will-twitter-get-a-blockchain-reboot-april-issue/?sh=35fe401b3eb8

Elon Musk Says Twitter Deal ‘On Hold’
https://www.forbes.com/sites/roberthart/2022/05/13/elon-musk-says-twitter-deal-on-hold/?sh=775ba35f5670

Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1

Stay Connected
Forbes newsletters: https://newsletters.editorial.forbes.com
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com

Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

25 Comments

  1. Twitter is RUN by the subscribers, not Wall Street executives. A bit of History, Myspace WAS the biggest Social Media Platform on the internet… until NewsCorp/Rupert Murdoch acquired it. Myspace was so dominant that Mark Zukerberg offered to sell Facebook to Myspace for $75 million. Myspace turned him down. But here's what happened, the Myspace Subscriber base made it crystal clear to Wall Street speculators and the Myspace board, that if Myspace is sold to Rupert Murdoch, they would leave the platform. The board sold Myspace to Rupert Murdoch anyway. In less than 14 months, 76% of the Myspace subscriber base (18 to 45-year-olds) left the platform and went to Facebook. Facebook (rocketed) past Myspace to become the dominant Social Media Platform.

    I wrote all of that to say this, Twitter's days are numbered. Remember what happened when these Wall Street executives and speculators tried to crush Game Stop? The Bottom line, if we're guided by the Myspace acquisition timeline, Twitter has 14 months, then it will be as irrelevant as Myspace.

  2. This message is for someone who needs to hear this and will fully understand it… You are not define by your circumstance or your past. It’s not what happened to you that determines your success in life; it is how you deal with those circumstances that determines your success in life. You are strong, you are capable and practice forgiveness (Forgiveness is for you; forgive your parents or anyone whom we have chosen to hurt us, to begin the process of healing and freedom. Remember: Forgiveness is for you to be freed, healed and happy. It’s a RESET BUTTON) and practice gratitude everyday. This will change the course of your life forever. Love you always and I believe in you wholeheartedly no matter what ✨❤️ – Nat

  3. Tony Rodriguez 20 years abducted by the secret military space program did 20 years in space doing missions for aliens and the secret military government been happening since the 30s or 40s. If people actually knew what was going on with the government and NASA and Elon humanity would literally 100% unite right now at this very second.

  4. Elon can say this or that and a "serious" guy from Forbes can seriously assert that he can revolutionize social media. He can't because the elephant is in the room: he is a billionnaire charlatan.

  5. A currency could make previewing sense for the platform. New social media: How can this help the singular and the morning boring business? This is a business about the equality media disposal and opposite to the engineering race. Normally this isn't the singular massage business for E. Musk. Social engineering quality and the connectedness product side is rare. This type of business is fragile for Musk's normal price product declarations. It's too visible, cascade topple and mainly sticky. If this helps people like myself organize signatures it would be great. Most social media platforms are not providing depth insight for social tasks and an equality basis.
    If it is capable of precisely describing the tasks it has people care about the longevity name which still provides an overall case. I think the platform could set future for that important work help which is organizing signatures like social media, just more advanced.
    It could help more users content registrations and connect outlining offers to the registration persons in the future.

  6. Please take all of list
    How many bots our 2 person own bots list name from around the world
    N signatur agreement
    On my name n u with them n witness all .
    N come meet me
    immediately for i check cancer .

    Please
    Thank you .

  7. My suggestion to❤️❤️ elon musk if he wants to enter media internet news ,,( tweeter ,,),,
    He can start a you tube Tv and via messages he must give 24 hours news in German, English and russian or french or Chinese ,, continuously it must be send to his members in what's app, instagram or tweeter ,,
    This way he can become even more rich in a very short period ,( ,current sports events,, interviews of big leaders ,live , etc)
    He must help churches in philippines or china or india ❤️❤️❤️

Write A Comment

Share via