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What kind of board allows an announcement like this to happen in such an uncontrolled way? I feel like this is just more evidence that Twitter's board is weak.
https://www.foxnews.com/politics/twitter-paul-singer-republi...
Twitter under Jack Dorsey has been a huge cryptocurrency promotion engine. I wonder if that remains.
There are some fantastic fringe right-wing communities I’m going to miss tremendously after the new CEO inevitably starts purging the ”unconventional” content
The stock popped 10%. Is this a vote of confidence against him or for whoever has been waiting in the wings? There has been enough agitation against him by the activists that this can’t be a surprise.
Twitter is extremely toxic and divisive, and Dorsey is... the same. People are hoping his removal will allow the platform to mature.
Earlier quoted context omitted.
This is a pretty uninformed take. There are all sorts of projects made in crypto: collectibles, music, art, gaming, loans, mortgages, debit cards with rewards, social media, wifi networks, anti-fraud, food security, etc. And many projects have a large donation component to them.
Says the people who are downstream of the founders/traders of crypto but upstream the final bag holders. The game is - the more people/demand who come into the place, the greater the asset value. Earliest in benefit the most. Sure there are benefits from crypto (but those are mostly a distraction for its core use case and a way for murky individuals to validate investments to the real bagholders) but the costs and th…
But many coins have mechanisms to give dividends in the form of their coin, which have liquid trading markets. You can say they’re being propped up by the next buyer, but many of these are used by the product as “gas” for transactions, creating a real use based demand economy. I’ll readily admit that speculation has massively inflated these markets past their fundamental value, but that’s not unique to cryptocurrency.
About time. Twitter has been absolutely floundering for years under his control, since he has absolutely no idea why anyone is using the site and has just been throwing random ideas copied from others at the wall to see what sticks (nothing, so far), and cryptocurrency garbage nobody wants.
Also, the promoted tweets are always way, way off my interests. They look like pigeon droppings on my windshield.
Tweet by Jack confirming...
https://news.ycombinator.com/item?id=29381199
EDIT: Now that the threads are merged, you can ignore this comment!
Related: Tweet by Jack confirming... https://news.ycombinator.com/item?id=29381199 EDIT: Now that the threads are merged, you can ignore this comment!
I have no particular beef with Dorsey but I think this would make sense. He's been CEO of both Square and Twitter for years now and no matter what time you wake up in the morning or however many specials diets you undertake you're not going to be able to give the focus a solo CEO is. I think the bigger issue is who gets to replace him: will it be someone with smart ideas or someone to serve as a puppet of activist in…
>>puppet of activist investors? Seems more likely that Jack has been the puppet of activist employee's not investors. Hopefully Twitter will hire someone to have a back bone in the face of the activist employee's that want twitter to be a political echo-chamber / safe space