This is quite interesting to see because Jack has plenty of stock in twitter obviously? So it kind of shows that he doesn’t really care about profits, instead he wants to do more interesting thing, what a geek, just like all of us lol. Or the other way to see it is that he felt that twitter can’t be saved and he wants to create a new profitable thing.. who knows about how billionaires think
Jack Dorsey texts Elon Musk, March 26, 2022
11–20 of 507 posts
Re: Jack Dorsey texts Elon Musk, March 26, 2022
#12> I intend to do this work and fix our mistakes
Sounds like every other billionaire who once they have one foot in the grave rediscover themselves as philanthropists...
You can't fix it Jack, you fucked it up big time and shitting out yet another platform won't ever make it better
Re: Jack Dorsey texts Elon Musk, March 26, 2022
#13For someone invested in decentralized protocols, it just sounds like people trying to reinvent the wheel. "let’s make it decentralized" "wow, very cool idea". Those guys are business guys but they have no idea what they are talking about. They don’t know the first bit about technical decentralization, about prior art, about the politics involved. They are so close of realizing that their companies are Frankenstein mo…
> Twitter started as a protocol. It should have never been a company. That was the original sin. Dorsey seems to have figured it out.
Considering Dorsey's active participation and evangelising on Bitcoin and the Lightning Network, I expect that he will be working in that direction; building a messaging protocol based on the Lighting Network that allows users to upvote with satoshis. This monetises the user engagement and makes bots less feasible, aligning user incentives.
Re: Jack Dorsey texts Elon Musk, March 26, 2022
#14-- Screenshot 1: [Jack Dorsey] "Yes, a new platform is needed. It can't be a company. This is why I left." [Jack Dorsey] " https://twitter.com/elonmusk/status/1507777913042571267?s=20... " [Elon Musk] "Ok" [Elon Musk] "What should it look like?" [Jack Dorsey] "I believe it must be an open source protocol, funded by a foundation of sorts that doesn't own the protocol, only advances it. A bit like what Signal has done.…
So, they want to create Mastodon?
Probably.
Mastodon is lacking marketing, big names, etc.
Could be that their solution isn't different from Mastodon in a technical way, but still is more successful.
Re: Jack Dorsey texts Elon Musk, March 26, 2022
#15For someone invested in decentralized protocols, it just sounds like people trying to reinvent the wheel. "let’s make it decentralized" "wow, very cool idea". Those guys are business guys but they have no idea what they are talking about. They don’t know the first bit about technical decentralization, about prior art, about the politics involved. They are so close of realizing that their companies are Frankenstein mo…
> Twitter started as a protocol. It should have never been a company. That was the original sin. Dorsey seems to have figured it out.
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Re: Jack Dorsey texts Elon Musk, March 26, 2022
#16-- Screenshot 1: [Jack Dorsey] "Yes, a new platform is needed. It can't be a company. This is why I left." [Jack Dorsey] " https://twitter.com/elonmusk/status/1507777913042571267?s=20... " [Elon Musk] "Ok" [Elon Musk] "What should it look like?" [Jack Dorsey] "I believe it must be an open source protocol, funded by a foundation of sorts that doesn't own the protocol, only advances it. A bit like what Signal has done.…
Does anyone else find this conversation awkward / cringe worthy?
"Hey genius billionaire, what's up?"
"Oh hey other genius billionaire..."
"Let's do some shit because you know, the morons on the board didn't get it, I just didn't get my way so I left to do bitcoinz",
"Off to dinner, later bro, let's solve all the problems tomorrow"...
"Cool bro, I'll try buy the company and forfeit at the last minute when I realize I just ran my mouth instead of being serious"
"Sounds like a plan bro laters, nice work saving freedom..."
Re: Jack Dorsey texts Elon Musk, March 26, 2022
#17This is quite interesting to see because Jack has plenty of stock in twitter obviously? So it kind of shows that he doesn’t really care about profits, instead he wants to do more interesting thing, what a geek, just like all of us lol. Or the other way to see it is that he felt that twitter can’t be saved and he wants to create a new profitable thing.. who knows about how billionaires think
> So it kind of shows that he doesn’t really care about profits
Even without twitter he's a multi billionaire
Re: Jack Dorsey texts Elon Musk, March 26, 2022
#18I have to admit this is a bit surprising from Musk. I was pretty firmly of the theory that his real motive re Twitter was basically narcissism, and I'm still not sure that's wrong. I note he's not agreeing strongly with Dorsey, with the strongest phrase being "I'd like to help if I can".
And I still think he would be better off using any money he might have spent buying Twitter on funding a handful of open source competitors instead. The most charitable reason I can think of for trying to salvage Twitter for this grand goal of fixing web communication is to keep the network effect of having everyone be there. Would that even be meaningful in a real transition to something with a totally different architecture?
Re: Jack Dorsey texts Elon Musk, March 26, 2022
#19This is pretty cool; the internal messaging of big tech heads. Really interesting to see the way these bigshots converse; terse, to the point, no-nonsense.
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Re: Jack Dorsey texts Elon Musk, March 26, 2022
#20Earlier quoted context omitted.
> Twitter started as a protocol. It should have never been a company. That was the original sin. Dorsey seems to have figured it out.
Considering Dorsey's active participation and evangelising on Bitcoin and the Lightning Network, I expect that he will be working in that direction; building a messaging protocol based on the Lighting Network that allows users to upvote with satoshis. This monetises the user engagement and makes bots less feasible, aligning user incentives.
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