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Twitter Blue for $8/Month

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Re: Twitter Blue for $8/Month

#131

The good: Twitter should not be editorally curating people through verification, making verification only about ID and being a real person is a broadly good change, as long as it's not necessary for participation. Brands, celebrities, those in the public eye could benefit from this. Needs to be implemented with care and ideally with a branding change so as not to confuse users as the semantics change. The bad: $8 is…

> See: every streaming service

The key difference is that streaming services purchase valuable content and resell it. There is obvious demand and the market clearly exists.

Twitter provides little in the way of mass entertainment, unless you enjoy watching people argue with trolls in an algorithmically-created drama. The content is not created by twitter. There is no obvious market demand; the vast majority of people on the planet wouldn't bother using twitter even if it was free.

Re: Twitter Blue for $8/Month

#132

The good: Twitter should not be editorally curating people through verification, making verification only about ID and being a real person is a broadly good change, as long as it's not necessary for participation. Brands, celebrities, those in the public eye could benefit from this. Needs to be implemented with care and ideally with a branding change so as not to confuse users as the semantics change. The bad: $8 is…

Agree with most of this, but: > Paying $8 [...] At best this will reduce conversation quality on Twitter Really? That seems completely contrary to my experience. In every online community I've seen, a higher barrier to entry has always been positively correlated with the quality of the conversation. Not saying there won't be downsides to this, but I very much doubt a lower quality of conversation will be one of them.

No post body was provided.

Re: Twitter Blue for $8/Month

#133

Earlier quoted context omitted.

I don't get the link. Why would Binance be in favour of impersonating others for $8/month?

Crypto people are generally not in favor of providing your government ID for things. "Pay $8 in crypto and also give us your identification documents" will not be popular.

You do in fact need to prove your identity if you want to trade on binance. (KYC requirement.) So I don't see why they would have a problem with making people prove their identity for a bluecheck.

Re: Twitter Blue for $8/Month

#134

The good: Twitter should not be editorally curating people through verification, making verification only about ID and being a real person is a broadly good change, as long as it's not necessary for participation. Brands, celebrities, those in the public eye could benefit from this. Needs to be implemented with care and ideally with a branding change so as not to confuse users as the semantics change. The bad: $8 is…

> $8 is way more than the profitability of an ad supported user.

Than an average user. But if you are a power user, you have just sent a valuable marketing signal.

> Paying $8 to get your voice heard by more people biases towards those with means

Strong disagree. Twitter currently only exists as a bullhorn for already famous people, or a few lucky early adopters.

Re: Twitter Blue for $8/Month

#135
post #125

Earlier quoted context omitted.

I think it's bimodal. Either Twitter is worth like 100$+ per month if you're a journalist/brand, or it's less than 0, and in Stephen King's case he's correct that Twitter should probably be paying him.

Yeah, I guess, he should disappear right now and negotiate a deal before coming back to Twitter.

It would be fun to try and mediate the discussions to try and convince which of the big ego'd celebrities/journalists/politicians are of value to twitter and twitter should pay, vs which are a sink and they should pay twitter. Hey monetezation plan! I would pay good money to watch that reality TV show.

Re: Twitter Blue for $8/Month

#136
post #71

Earlier quoted context omitted.

For King and many other blue checks it's a status symbol. A way for the Lord to distinguish himself from the peasants. King (aptly named) would be happier if it was a Veblen good that cost $100,000/mo, which he could afford, but the peasants can't. Elon is mocking King and his status symbol by saying "fine, how about $8?", which from the King's perspective, is worse than $20 because even more peasants will have it. T…

I don't think its that. I think it is literal to the effect of, twitter wouldn't have such a huge crowd to serve ads to without people like King who have tons of followers coming to the platform to get updates. An example, I don't have a twitter account, but I will surf Hector Martin's twitter for updates on Asahi Linux development. If it wasn't for Hector Martin's content, twitter would never be requested by my brow…

But Hector Martin doesn't have a bluecheck: https://twitter.com/marcan42

Re: Twitter Blue for $8/Month

#137

Earlier quoted context omitted.

One of the things I admire about Elon (which is saying a lot...) is that for whatever reason, he's ready to bet the farm over and over. Whether he's some genius tactician or an impulsive moron, he just bought Twitter and is poised to drastically alter it. "flies in the face of everything I understand about complex systems" indeed! Forgive me for this analogy but it's in the news: Imagine if NATO just said one day, "y…

I don't understand Elon either, but I'm certain that he's not an impulsive moron who doesn't understand complex system, or that he's financing all this with his dad's emerald mine money. For me, there is enough track record to prove he has some very unique business skills, and often succeeds by doing things that conventionally looks crazy. That said, Elon's Twitter may well be a failure regardless. Pretty sure it won…

Def. won't be boring. Really we only get to see probably less than half of what he's planning. If the other half is more strategic, then he'll do fine, if the other half mirrors his public image, then I can't see it working.

Re: Twitter Blue for $8/Month

#138

I really wish twitter didn't exist. The utility I see in it is limited. For example, I don't have an account, but I do view tweets from time to time. The tweets I generally view are related to some real time event I'm interested in (ie news). I find the fact that even then, there is usually an endless stream of mostly banal, vapid responses to be very off putting. Not only do I find the content vastly uninteresting,…

It's very frustrating too how it feels like it has become a black hole for journalists. Instead of actually doing reporting, it seems most spend all day on Twitter and just regurgitate the same few talking points as everyone else.

Re: Twitter Blue for $8/Month

#139
post #71

Earlier quoted context omitted.

For King and many other blue checks it's a status symbol. A way for the Lord to distinguish himself from the peasants. King (aptly named) would be happier if it was a Veblen good that cost $100,000/mo, which he could afford, but the peasants can't. Elon is mocking King and his status symbol by saying "fine, how about $8?", which from the King's perspective, is worse than $20 because even more peasants will have it. T…

King responds saying Twitter should be paying him. I think that makes a lot of sense.

Completely wrongheaded. If anything, twitter should be paying anonymous users. Bluechecks are the ones who use twitter to build their personal brand, sell books, etc..

Re: Twitter Blue for $8/Month

#140
post #71

Earlier quoted context omitted.

For King and many other blue checks it's a status symbol. A way for the Lord to distinguish himself from the peasants. King (aptly named) would be happier if it was a Veblen good that cost $100,000/mo, which he could afford, but the peasants can't. Elon is mocking King and his status symbol by saying "fine, how about $8?", which from the King's perspective, is worse than $20 because even more peasants will have it. T…

King responds saying Twitter should be paying him. I think that makes a lot of sense.

It will be both. Pay to verify, get paid for creating content.

"This will also give Twitter a revenue stream to reward content creators"

https://twitter.com/elonmusk/status/1587505731611262976

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