I’m not always right. Sometimes events change and intersections take place on the path toward the predicted outcome. However, when ancillary events -mostly driven by human intervention in an effort to avoid what’s coming- do not cross the directional path, we arrive at the predicted destination.
At the end of May CTH shared the motive behind a series of events we should see unfold on the Twitter platform. By the time we arrived in June, there was enough actual data to solidify a timeline {GO DEEP}. Shortly after, the New York Times published leaked revenue side documents allowing us to calculate an accurate burn rate {Go Deep} for the situation around Elon Musk. Through this accurate financial prism, everything that Elon Musk has done lines up in sequence {Go Deep}.
Cliff Notes Version: Musk has a deficit burn rate of around $250 to $300 million per month. Musk runs out of working capital in Sept/Oct, depending on how quickly Yaccarino was/is able to enhance revenue.
Regardless of revenue, and because she just can’t generate it fast enough, approximately, seven weeks from now Musk has to secure another roughly $5 billion, to give himself enough breathing room to continue operations.
Musk has lost the $30 billion he put in. The current estimates are that Twitter is now worth between $12 to $15 billion. There is debt of $12.5 billion from the initial purchase structure still in place. The asset is worth its debt, not much more.
With a current debt service of $100+ million per month, adding another $50 million/month ($5 billion loan) is tenuous at best. And that’s IF he can secure that investment loan. Musk has admitted he is personally limited in leverage using Tesla. He is approaching an inflexion point. 1 million subscribers paying $8/month is pittance ($8 million).
Recently X-Corp: (1) Linda Yaccarino introduced the novel concept of speech that was “lawful but awful” and must be suppressed. (2) Their desire to remove the block function. (3) Restrictions on visibility, “freedom of speech, not freedom of reach.” (4) and hired back a platform censorship team. All of these measures are designed to make “safe spaces” for advertisers to return. In essence, they are all revenue decisions.
People inside tech, and even people inside the X-Corp organization, who initially did not think my analysis was accurate, are now starting to admit it is the most likely scenario.
This arc of directional travel is not going to change, especially with Musk needing to go back into the capital markets for more working cash. Everything we are seeing is a result of this financial dynamic and the desperation is starting to show.
Yesterday Musk admitted they may indeed fail. However, he is portraying himself as a victim in this – which is profoundly disingenuous.
Musk has known this critical financial flaw from the outset. All the intellectually honest people who understand the situation, debts, obligations and the dynamics of social media revenue when contrast against the ideology of the gatekeepers, also know this. None of this is a surprise.
Musk is getting increasingly anxious about it, and when people start to get desperate – they start to say stupid things.
Now, here’s my warning…
I am pretty certain about the prior timeline. There’s about 7 weeks left (+/-) before the critical crisis point hits, depending on events that may slightly delay or speed up the timing. Put his motives, intents and disposition off the table for a moment. Accept things in their most common construct. This situation makes Musk vulnerable.
There is only one deal, one specific version of agreement, that I can think of – that would generate the capital he needs. An agreement to leverage his platform along with META, Insta, Alpha/Goog, etc to influence the 2024 election. Agreeing to join that effort, more vociferously than previous, will get him the capital he needs…
…. so, watch out.
The only apolitical platform currently operating in the U.S. social media sphere is Tik Tok. The inability of the US govt to control the platform, is a large part of the reason why U.S. govt interests on both sides want it removed and black-listed. Pro MAGA voices have a big footprint on Tik Tok.
Repeating what I said in July:
Keep in mind, long before people realized the Dept of Homeland Security (FBI, DHS, CISA etc.) had a portal into Twitter, I was explaining how transparently obvious it was. {Go Deep – Jack’s Magic Coffee Shop} In part, the transparency of the problem is driven by CTH understanding of the costs associated with Twitter as a very unique platform in the sphere of social media. {Go Deep – Understand the Costs}
With the latest revelations we shared about the financial position of Twitter {Go Deep on FINANCIALS}, all of the moves now underway make sense. Musk was on track to hit a date in/around October of this year where Twitter would be insolvent. If you had read those previous “Go Deep” links, you will easily see the problem.
Approximately seven weeks.
Keep your eyes open.
I see twit being declared a ‘too big / too important to fail’ enterprise or some other BS like that and the us.fed.gov will give them a humongous loan with generous terms but with some ‘strings’ attached, wink wink, of course.
Twit files bankruptcy, goes into receivership, and voila!, it’s back to being Jack’s coffee shop, Oprah shouting to all ex-twit employees, “You get your job back, and you get your job back…
Or, just skip all that messy stuff that takes a lot of time and get a ‘quickie’ deal like Braaaack Hussein Sotero gave to GM!
Look at the product that was offered among the different GM divisions
at the time. No new models, excepting for Pontiac ( G8, Solstice) and
Saturn ( Astre, Sky).
So… the two divisons that had anything competitive got the chopping block.
The other division ( Saab) had been used by GM for some of it’s platform
ideas. It also went to the chopping block.
Hummer was reviled by any and all greenies. It went by by.
Oh. Saturn had made concessions years before with the UAW.
It had to go, because Unions are dems best friends.
Thought back then, thought now that Obama’s “concessions”
were made more to make GM non competitive, rather then
actually rescuing it financially.
I don’t know why anybody trusted Musk in the first place. He is a front for somebody’s money just like the rest. Those nazis and old bankster families don’t want their names sullied.
Advertising, whether for social media, broadcast or cable tv, is $ laundering; the $ is actually being paid to the company, for its influence of Public opinion.
Its not REALLY compensation for the ADS, its like those book deals, huge $ contracts for books that don’t sell.
And, using the EXCUSE that its the advertisers that are dictating the influence, circumvents the Constitution, cause its portrayed as private enterprises, making business decisions about where to spend their advertising $’s.
Except its not, of coarse because the $ (allegedly advertising $) goes to outlets with shrinking markets, BECAUSE they put out product MAGA and majority of Americans don’t want.
Advertisers SHOULD want as many eyes seeing their ads as possible, if they were making a business decision; its all just $ laundering, paying networks and Social media, to influence Public Opinion, not sell product (thats just the ruse).
book deals and talking fees are also a legal way to avoid campaign finance law crimes.
a person is financially rewarded through the schemes to making IOU promises that they fulfill. and in some cases where candidates cannot receive money directly through political entities or have maxed out. Book deals…deals and jobs for family members…talking fees..
I think one of the earliest moments when I realized just how much money is involved was when clinton was in office and what he was paid after he left. to make stupid 45 minute “talks”…paid for decisions he made in office or for the influence he retained even after leaving office. Same thing with killary…no one believes she was given the state department job because of her “amazing” foreign policy accumen. it was a paid reward and to keep her in political activity…
stealing elections if not the only way that fraud happens. it’s the pay to play and king making that is the domain of big corp sponsors.
and yes, this even extends to the lower executive officials within the administrative state. They are all handsomely rewarded and chosen because they can be dependable to deliver on special interest.
God Bless America
You are so right!
Special interests even rule small towns to a large degree.
Small towns such as Lahaina.
If you view it through the lens that it is a govt operation and always has been, then the moves are much more obvious.
They will put out some BS story about being too big to fail, but the reality is the meta data it gives the govt (intel agencies) is too big to allow them to fail.
It’s all a rigged game only giving the appearance of a democratic republic. All the “Elon” stuff is just chaff and countermeasures.
The laundering part is simply the “giving the appearance” that it is a private company/operation.
The plandemic gave us a similar example with the “company” Moderna. A govt spinoff.
I had hopes for Elon Musk.
It has been like a chess game with the DHS already seeing several moves ahead because they knew. I’d like to think that Musk failed to realize the full extent of the hand DHS could hold over him, but now that he knows and can see ahead, whatever actions he takes will measure him for all time.
Does money trump free speech?
I think about the Bible talking about rich men and righteousness. “It is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God.”
Long time ago I researched that biblical line and it turns out the word “camel” was mis translated. It actually meant “rope.”
A Camel cigarette might be confused with a small piece of rope.
Zeppelin fan?
Doesn’t seem like that makes a difference worth talking about… still seems intended to communicate “this is impossible”, since the line following is that “with man it is impossible, but with God all things are possible”.
You had hopes from a proven liar and fraud? Really? Really? Elon Musk has never invented anything. Not a thing. He has lied continuously about products from Tesla and Solar City. He has made billions off the backs of American Taxpayers for the Left’s HOLY GRAIL of climate change, green energy and EV’s – ALL THREE ARE HOAXES – just like Covid.
He is a WEF member
He is in bed with Xi/CCP – the same bed as Joe and Hunter Biden.
He voted for Joe Biden and Barack HUSSEIN Obama.
The guy is punking everyone – except me.
And me. He is a front for somebody’s money, only I said bankster money. The top of the food chain is not Oprah, Obama, or Joe.
Elon Musk is a friend to no one, except Elon Musk!
This is his M/O.
He has existed on bailouts, loans, schemes, since I can recall first hearing about his ‘hyped prodigy’.
Here’s Joe Rogan explaining Gab.
I supported & joined GAB a couple of years before twatter banned my accounts there.
IMO Andrew Torba comes across as Honest, Christian & Patriotic.
I’m an Aussie and don’t donate much on the Internet but, after CTH, GAB has received my donations.
https://gab.com/wlbeattie
Member since February 2018
Musk should dump Twitter and take the loss
He can bear it.
I think the Gubmint put the screws on him.
Such a 360 degree turnabout
I believe it is like Steve Bannon says; Elon Musk bought a crime scene.
Better yet let it fail, then use it for a tax write off.
Elon Musk is the government – he would have nothing if not for the billions and billions he has received on the back of American Taxpayers from the Left’s Holy Grail of Climate Change, Green Energy and EV’s. The guy is punking you.
Since US government backed loans are easy to acquire (see Ukraine et al), Elon should be looking fine to weigh the scales against whomever the Deep State wishes.
It’s possible X nee Twitter will eventually be transferred to a Musk-owned CIA-funded corporation named (what else) ……… SpookX.
I am surprised that no one at the Treehouse has mentioned Truth Social. I hope dear President Trump does not lose money over Truth because he has already lost a lot of wealth in order to serve US.
Breitbart is reporting Elon looking to hire more censors.
https://www.breitbart.com/tech/2023/08/20/elon-musks-twitter-x-seeks-job-applicants-to-fill-what-critics-call-censorship-positions/
Musk simply needs to rename the company UkraineX and he will be given tens of billions of taxpayer dollars every few months.
And there will be no performance requirements or accountability demanded in return.
Problem solved!
i would like nothing more than to see linda yuckarooni fail miserably, except for trump to triumph with the help of magamericans
I’ve always liked James Woods. I followed him on Twitter and he actually followed me back. @SuzcoolT
Well, about 3 weeks ago Twitter (Linda) permanently suspended me for saying, “The people in this administration are so corrupt they should all be hung for treason.”
What BS is that? I supported Elon’s efforts by paying 11.00 a month out of my measly SS check, and I get permanently banned for something like that. Disgraceful. I hope James Woods does delete his account. Once you’re gone you really don’t miss it like you thought you would. Elon is not truthful and his mistake was Linda…
I got “suspended” too, for saying that if Milley really did warn the Chinese that we were about to attack them he should be tried and hung for treason, because that’s what it would be. Once upon a time he’d have been shamed into retirement for saying such a thing.
Once Upon A Time when I was a kid it was completely normal to see pickup trucks here in Texas with a gun rack (holding a real rifle! OMG!). It wasn’t unusual or threatening.
Once Upon A Time we could wear a pocket knife in our pants and board a plane.
Once Upon A Time Men were men and women were women.
Once Upon A Time was so long ago and yet it was only a few years back.
9/11 was the perfect starting point for the Bush Cartels lifelong ambition of the NWO…..
They confiscated my husbands favorite pocket knife (had it since he was a teen), and took my nursing scissors and hair cutting scissors out of my purse when we were heading back to PA from Alaska after my assignment was over…………a few months after 9/11 and the world has never been the same.
Read their rules closely. They will take action if you call for extra-judicial punishments. Conviction is an essential element for any penalty, including death sentences. So you could change “tried and hung” to “tried, and if convicted, punished accordingly, which could include the death penalty.”
I believe that these rules ARE censorship. But if you want to remain on that platform, consider taking the time to read their rules and adapt, using artful wording, what you post so that you comply with them, while still saying the essence of what you want to say.
I want to underscore that this sucks and I don’t support it. I believe it to be censorship. However, playing their game is going to be the only way to remain on that platform. If you consider it important for your voice to be a part of X/twitter, learn their rules. And the loopholes therein.
It’s going to get much worse. They have sold their soul to the government, that’s why they’re hiring all of these election disinfo people. Twitter seems more and more like a modern-day Hundred Flowers Campaign.
About your tweet/X post, it’s necessary to play some wording games with what you say. It has ALWAYS remained that something like “they should all be hung for treason” would result in action against your account for calling for violence, during Twitter 1.0/Jack’s Coffee Shop, all through Elon ownership, and especially now. Most of the rules against violence have stayed the same, before and during Elon. It’s unfortunate, but they consider that a call for violence. You can always phrase it in different ways, like:
“You know, not too long ago people this corrupt would be hung for treason. Maybe we should go back to that.”
“This sounds like treason, and they should be tried and punished, including, if convicted, the death penalty.”
There are ways to say the essence of what you mean without technically violating their rules.
I don’t support this, this is a form of censorship. I believe that people should be free to speak anything they wish. But if the choice is, get your account taken away, so you have no voice at all, or word things in a way that skirt the rules and continue to be able to speak, sometimes it can be better to choose to play along with their rules, albeit by using artful wording to find loopholes in their rules.
elon is not worried about losing users..he”s worried about losing revenue. I am specifically talking about his reply to james woods. Of course, we “think” it’s a stupid things to say to someone who has such a high profile. But I will remind: james woods does not monetize and x/twitter gets very little revenue from james woods and others who are defiant to the x/twitter platform policies. no advertisers are going to promote and the james woods of the world….it’s counter productive to their bottom line to do so.
what elon is doing is the same thing as all ad revenue based models: focus on what advertisers are interesting in monetizing and to the rest: eff em. This is the stark reality. it’s the same thing with youtube as a good comparative. Why would youtube allow a “creator” to have top level exposure and consume the oxygen at the top, when that would defeat the purpose of driving big money ads to the creators that ad sponsors WANT to drive?
elon is being disengenuous when he claims “there are no social media networks” That is simply not true. There are in fact dozens of well known social media networks…and almost all of them are monetized and above the waterline and in the black.
elon is a bright guy, but he also has this childish center….He cannot stop himself from being a dolt…His social skills are blind to the situation. And when he gets caught out, his first impulse is to lash out……it’s part of his nature.
like calling the dude in indonesia who planned and personally risked his own life to save the kids from the cave. All because he rejected the stupid idea that elon floated in public about building some kind of custom min sub for cave rescues. It was not well thought out and he was called on being stupid. Elon’s reaction? his impulse…he made the outrageous charge that the dude was pedo.
who does that?
elon musk.
he is a child…emotionally driven..but also highly intelligent…sociopathy and probably spectrum polar …OCD does not explain all of his behaviors adequately.
it’s good that a man from south africa can do well and build incredible businesses…but the trust of a man can never be made by inspecting wealth…it is action and behavior. this is why President Trump is such an enigmatic POSITIVE figure. You look at his wealth and you just assume…no way that guy is going to be dependable and relatable and honest and true. Then you see the action. it’s also why other billionaires are repulsed and are jealous of him and would prefer that President Trump not get the attention and the power they really want to steal for themselves.
President Trump EARNED THE RESPECT…not by stealing it…but by showing he had earned it and thus THE PEOPLE AWARDED HIM THAT TRUST IN RETURN..
elon is not trustworthy. He has too many little demons and as others have pointed out…He dresses the part.
God Bless America
Like Obama, where did this guy Musk COME from?
Think Musk had good intentions, but like Trump the Big g u n s have been after him; control is their game and DC has given that control to them without a whimper; actually We supported the Patriot Act, the Bush Cartel world control of your freedom under the guise of making you ‘safe’ from terrorism.
The Patriot Act ushered in the beginning of the end; Snowden and Assange warned US………Adm. Mike Rogers warned Trump.
The Bush Cartel NWO has flourished! Propaganda wins wars, especially when you think you are actually fighting the enemy and you’re really ending your freedoms.
Musk has good intentions? The guy is a WEF member like his CEO and he has made billions of the backs of American Taxpayers for the Left’s Holy Grail of Climate change, green energy and EV’s – the guy is a snake oil salesman.
A snake oil salesman cannot land a first stage rocket upright back on earth on a small platform in the middle of the ocean. No one, except Buck Rogers.
Some of the people he’s hiring, election disinfo people, indicate that he’s back on the DHS gravy train. Whether he was ever truly off of that train is an open question. I think he tried. I think he came into Twitter not knowing the full scope of what was being done, similar to how I believe Trump entered office not knowing the full depth and reach of the swamp/deep state.
I suggest you follow @MikeBenzCyber, who is highlighting work uncovering these current hires and current connections. I must also say that Mike often is using the work of others, sometimes without giving them credit, so another good follow is @sparklingruby, though she often gets too technical for many people. There are others, unfortunately I haven’t had any coffee yet so their handles escape me at the moment, but they are often found on @sparklingruby’s timeline.
All of this sucks, and I don’t support any of what X is doing. We need a decentralized platform like X/Twitter that cannot be censored in this way. Nostr is that, and believe it or not, @jack is a part of it, though he didn’t start it. I happen to believe that @jack sold his soul and regretted it. What began with their agreeing to go along with a “little CIA op in the Arab Spring”, probably from the CIA perspective it was a “proof of concept”. After that, it quickly grew into global message shaping very quickly, including in the U.S. through DHS, DOD, or NGO surrogates that give the CIA legal cover. I believe that @jack regrets what his creation became, and that’s why he is now working on decentralization for social content. Maybe I’m wrong, but I’ve looked into the technical aspects of Nostr and I believe it will solve the censorship problem, in the same way that Bitcoin (NOT other crypto) does. Taking control over money away from governments is ultimately a great step forward for humanity.
Currently, the problem is, understanding and getting Nostr setup can currently be difficult for a non-technical user. It is a bit more involved than simply joining a website like X/Twitter or Facebook. I’m looking for resources that make it turnkey to get started.
I think the need to move to decentralized platforms is going to happen much faster than I originally thought, because to me it looks like Elon has now either sold his soul to DHS or, possibly, scuttling X.
I appreciate the info. I will politely decline however. I have never had a reason to twitter…My interest is SOLELY in reference to how the company as twit 1.0 was under government control for speech police and narrated some of the most despicable LIES about sars origin, the fbi secret police spy state, covid mandates, pushing mRNA in spite of a lack of quality testing and safety regimes, and censoring anyone who dared to make comments opposing the “state line”. That is my interest. I can do that without participating in the waste of time that is twitter.
I have a very good source who investigates these issues and provides top quality analysis that is dependably accurate in fact and predictive score.
His name is SUNDANCE
but thank you. seriously…I appreciate it.
God Bless America
It is all bad. Musk is going to end up owned by the deep state. However,
I especiallt don’t understand the ban on blocking. Why do that?
If the new twitter reverts to the old twitter …
It will die out.
Great, fascinating analysis. But TikTok is hardly apolitical. They censor and ban liberally.
Well, if Twitter gets X’ed out, I for one will not be sorry to see it go.
Twitter, like most so-called social media, has not been beneficial for Americans.
It’s addictive, it promotes impulsive behavior, and it sucks up a lot of productive time.
If users were forced to use their real names on their accounts, I’m guessing the on line discourse would be much more civil. Other than high subscription rates or massive intrusive advertising, I see no way such a business model can remain solvent for very long. I’m hoping Twitter goes the way of the passenger pigeon and the Dodo bird.
Almost no one here uses their real name and this has to be one of the most civilized social media accounts in the US or maybe the World.
President Trump’s refusal to go back to Twitter looks smarter and smarter by the day.
And we’re still being kept in the dark.
Where are the twitter files revealing previous financial support from the feds? Why was twitter viable before Musk and not now? What am I missing? Are we to believe that advertising supposedly filled/will fill that $50M/mo gap?
Screw X/Twitter…. am on gab.com where freedom of speech is in full practice.
‘The enemy of my enemy is my friend‘ stuff can only take us so far. I’ve been on the same track as most here who’ve always understood Musk to be a petulant albeit brilliant man-child who can make you smile every so often. I don’t have an active Twitter acct. and have stayed at ~100 followers with as many tweets for the last 5-6 years. Maybe this is why I don’t quite get all this Doom & Gloom here and in the article.
I think things are still shaking out MAGA’s way vis-A-viz TwitterX -and I’m hopeful they’ll remain so at least thru the election. My hopes are based on my understanding of reporting demonstrating the following: 1) Musk threw industrial sized wrenches into the thing almost immediately. Wrenched it up so bigly that the craptavist journos could not quite get their organizational bearings back to pre-Musk levels. 2) The political class is also suffering on Musk’s platform, esp. insofar as “Fact Checks” can now go viral in the direction of the Populists. How great is it to see our Dear Leaders try to respond with egg all over their faces? 🙂 3) Clamping down on programmatic site-scraping is likely one of Musk’s most brilliant moves imo, bc the scraped data was probably done for/by the DS and their Useful Idiots so as to gain intel and insights that help them keep apace of the narratives they need to control, re-tool or create.
If I had to guess, my speculation would be that #2 is most closely related to Musk’s impetus for buying Twitter to begin with, even though he surely knew it would be a financial sinkhole. Is it working out for him? Who knows. But it is still a prickly thorn, and that’s good enough for me.
Elon’s idea that censorship of non-leftist ideas is the key to advertising revenue seems patently backwards, and very much at odds with his own free speech understanding. The value of Twitter is that it is a possible venue for free speech, which is very much in short supply, and Musk does seem to understand that part.
But he is only going to try to make money off of half the speech market?
Yaccarino caters to the other radical leftist females who run the HR and advertising departments of most major American businesses, and are running those companies into the ground.
These are the same ladies who think that a good spokesman for Bud Lite is Dylan Mulvaney, a fully intact adult male who pushes chemical castration for young boys who have gay tendencies (that’s what he pushed Biden on during their famous White House meet-up).
They are Social Justice Warrior 5th-columnists who are ideologically committed to using their jobs to serve their own anti-American political objectives at the expense of their employers’ interests.
They are not value creators but are destroyers of company value, and hence a true dead end as a revenue source.
Going for these ladies is really going for the “short end money” as Brando put it in On the Waterfront. If Musk’s time horizon is really 7 weeks, that could make sense, but there is no way that a time horizon of 7 weeks makes sense.
If he has one roll of the dice he needs to roll it on a strategy that has a possibility of actual success. Here is the dice roll I would throw (only half tongue-in-cheek):
Elon tells all advertisers that if there are any content providers whose viewers they do not want seeing their ads or buying their products, X promises to not show its ads to those viewers, and also promises to make this information public so that everyone can see what companies don’t want them buying their products. Haha.
In other words, shove the witches’ broomsticks up their proverbial backsides. If they want to intentionally alienate half of their companies’ prospective customers in order to serve their own ideological objectives, make that explicit. Sink the perverted commie bitches.
[Reading the commenting guidelines, I see no prohibition on cuss words, so I’m thinking “perverted commie bitches” is within bounds. Is that correct?]
**Lawful but Awful** isn’t the problem. We could maybe live with that. The problem is that it is always one sided.
Doesn’t anyone see the issue with calling it “X”?
Does anyone remember Xerox? X-Windows?
Just like how did Apple get away with naming their OS iOS when Cisco has had an IOS ( Internet Operation System ) in its products since the 90s?
Interesting thing is, the X logo that is in use right now is unable to be trademarked because it is part of the UNICODE font collection.
The “Twitter” name and trademark are, by far, the most valuable aspects of the platform. It is not often that a word becomes so entangled in the lexicon, Twitter, tweet, etc. It’s similar to how Xerox became a verb. Smart business people do not just throw these things away, especially when their book value is many billions of dollars.
Seems to me that Elon is walling them off for possible sale, or possible re-use. I know Elon has a thing for the letter X, but if he wanted X to be the long-term name of this platform, you’d think he’d have ideas for a logo that are able to be trademarked and therefore protected.
Almost like they know it will be a short-term thing.
Look into Mao’s Hundred Flowers Campaign. This might be what is going on, albeit in the modern-day “public square”.
The irony is that, if Elon wanted to generate income, he could just actually have a platform in which people can speak freely, but not unlawfully (…and laws are well-considered and suitably just…)
They want to be able to restrict your range if they disapprove of what you say, and also want to take away the block function to limit your ability to control what you see.
Why would anyone go there?
Telegram doesn’t restrict speech or photos or videos. The truth of the Ukraine war comes from graphic images on Telegram.
Isn’t Dorsey working on Twitter 2.0? I thought it was called Blue Sky, or something like that? Maybe Twitter/X was supposed to fail and Dorsey re-emerges to save the day with a “new” platform……I feel like everything is theater now…..
BlueSky’s intentions of decentralization and censorship resistance have been subverted, the best I can tell. It runs at bsky.social, and it is invite only. From what I understand, it’s full of hard-left people, and the government/NGO censorship complex. AFAIK, @jack doesn’t spend effort on that. Not sure if he remains financially connected to it. My view on Jack is more complicated than Sundance has reported on. I believe he may very well regret what happened at Twitter.
Look into something called nostr. It is truly censorship resistant. Trouble is, it’s not easy for non-tech people to get started. It’s a paradigm shift away from monolithic websites, which is a large part of why it’s so powerful.
I’m looking into ways to make it easy for laypersons to get going on the platform. I consider it much more of an urgent need now that X is clearly going to the dark side.
Frankly, I never trusted Musk, as even someone with no business/financial acumen at all would seriously question the purchase of Twitter and the ability to make this financially viable. It never was, and his purchase was either absurdly poor business, or else a planned ‘psyop’…for what? To get conservatives who had left in droves to naively come back and once again be surveilled? I don’t know, but I stayed away. For me, my ‘social media’ has now become sites like CTH, that align with my politics, where I read and make comments, and don’t have to trawl through the swarm of bots, ‘progressives’, etc.
For what? Twitter was a powerful propaganda weapon.
Sundance tells us it is the magic coffee shop.
If it fails under Musk that would be a controlled demolition?
if he wants to offload it which his tweets seem to indicate who could buy it?
Does anyone we trust have experience in social media?
Does anyone we trust have access to the stock market to put deals\acquire digital media and technology assets?
Does anyone else we trust already have a media company with X in the brand name?
The premise lies under whether or not the acquisition of Twitter by Musk was legitimate (ie whether Musk has such poor business acumen that he believed he could make this into a profitable business, when it had never turned a profit before), or was part of a larger exercise to cajole those who had left, or those who were of ‘interest’ to come to a free speech platform in order to be surveilled, manipulated, etc.
Does Musk have ANY business that is not wholly attached to the government??
Who uses TwiXter?
Yuckarino.
The question is:
What can Musk do?
What are his options?
If your suggestion is to bankrupt Twit-X then I’ll take that as disingenuous advice. You don’t let go of Billions without a fight.
The fight includes doing all possible to succeed, and that includes what he’s doing.
I agree his path runs counter to his original statements, and our national goal. But I can put myself in his shoes and understand his decisions, absent emotions.
Recently, it was reported that Musk sold most of his stake in Bitcoin in an obvious move to raise much needed capital. It’s also why Bitcoin took a big hit last week.
I warned from the beginning: Do not trust Elon Musk. He is not driven by free speech concerns, he is driven by money. And ego. It’s also not hard to understand that Twitter is heading back into what they were prior to the ’24 election. When Elon hired Yaccarino, the handwriting was on the wall.
Who’s he kidding?
Elon is hiring more censors to prepare for the 2024 election.
https://www.breitbart.com/tech/2023/08/20/elon-musks-twitter-x-seeks-job-applicants-to-fill-what-critics-call-censorship-positions/
Thank you for this insightful analysis. Putting advertisers in front of consumers is back-assward. This is a death spiral from which Musk cannot recover, even with government support. The changes being discussed are not wanted by twitter’s users and they are already abandoning ship. Adios twitter.
Sundance,
I think it’s about more than advertising revenue. Some of the people he’s hiring, election disinfo people, are more driven by government/NGO desire to shape the conversation, than advertising. It seems likely to me that DHS is back in the driver’s seat. Take a look at @MikeBenzCyber and @sparklingruby on X. They have a lot of good info.
I would like to find a way to teach people about true decentralized social media platforms, specifically open source protocol Nostr. If you don’t know much about it, take the time to read/watch some overviews, and then dig in to the technical aspects of the platform. I think it’s the real deal, strong censorship resistance. I suggest the following short video and especially the longer YouTube that is posted immediately below this tweet as a primer (I don’t know how to embed on here, so I can only post the link and hope embedding happens programmatically):
Please look past the fact that @jack is a part of this. I’m not sure of his motives, he could be regretting what Twitter became, or perhaps he’s looking to somehow co-opt Nostr (which doesn’t look technically possible based on my review of the protocol and the decision-making processes of the large open community of developers). I don’t know the man, so I can’t say for sure. But I have studied Nostr, it’s development processes, and its protocol in-depth, and I do believe it is truly unable to be censored. I think people need to use platforms such as this if they want to be able to speak freely. Current problem is it’s far too complicated to get started on Nostr. I’m looking into how to make it easy, I think that’s an effort worth doing. Unfortunately, given X’s recent changes, the need to move seems to be happening much faster than I originally anticipated.
Please feel free to reach out if you have any questions or suggestions.
I have never been a twit on twitter and never will be. Any common sense person would know that all of our posts, conversations, and maybe even thoughts (kidding at least for now) are being captured by the govmint and have been since the Patriot Act was not sunsetted. We need to start taking steps to prevent the “man” from tracking our movements and conversations. I have and will continue to do so. In my opinion let twitter fail, and facebook or whatever it is called now as well. I have never facebooked either and never will. This slippery slope is now a complete free fall into the abyss of government over watch of everything.
Like the book “RETURN of the GODS” by Jonathan Cahn, mind blowing.
Check out Michael Hieser, Unseen Realm
Suddenly, Musk is no genius. He’s a flawed individual who knowingly played a bad hand in a high stake game of politics and social constructs. The way I see it, all is happening as it’s supposed to happen. Let it all burn. And if he decides to join the axis of control and evil? Let him go down with his ship too. In the end, God wins and humanity is better off without these mindless, spineless fickle people.
So the Chinese, via TikTok, stand to profit on the deep state-powered devaluing of “X”.
I’d say “how ironic”, but this sort of shyt is no longer funny.
GAB
https://gab.com/
TikTok a good place for MAGA? It runs perv material in the US that it won’t in PRC.
It’s obviously an unrestricted warfare tool of the CCP. Avoid it like the plague it is.
The government screwed us over long before twitter was a thing, but they love their tech toys and will find a way to keep it alive. One way or another.
Elon is offering us a raw deal with X
https://thespectator.com/topic/elon-musk-offering-raw-deal-x-censorship/
When “X” fails it will be taxpayers that bail Musk out just like the government has robbed the taxpayers to bail him out before.
I thought TikTok was a CCP platform that was data mining everyone’s information for its own nefarious purposes, which was why Trump tried to get it out of the US?
I thought TikTok was run by China. Who knows but China is trying to help us extricate ourselves from Clown World. I see Musk has blocked Catturd and James Woods from his personal Twitter account.
What if Twitter failing was the plan all along! Musk is a smart guy and clearly he is signaling that he will NOT be pumping anymore of his money into Twitter. That in itself shows he isn’t all that invested in Twitter surviving.
In my opinion Twitter under Dorsey was a liberal cesspool of censorship, federal government spying, and the public spigot for baseless leftist propaganda. Watching Twitter circle the drain, is that really a bad thing?
We all should be thanking Elon Musk for ridding society of this flagship for liberal wokeness.
Intellectually honest people understand that Twitter is an important propaganda megaphone for the central bank mafia. Since they print the money we all use, they will just print more to keep it working for their agenda.