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Jack Dorsey texts Elon Musk, March 26, 2022

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191–200 of 507 posts

Re: Jack Dorsey texts Elon Musk, March 26, 2022

#191
post #186

There's an axiom in discussions here where Twitter needs saving. Why? In what way is it non successful? In what way is it broken? I mean most Twitter discussions I ever saw are disgusting or plain dumb mascarading as profound. I don't think the medium of a public square like that is a good thing, and I would be happy to see its demise. But it seems successful in the way it usually lead the public discourse similarly…

> In what way is it broken?

My biggest issue with Twitter is the lack of moderation, theres SO much propaganda on there. I report tweets where someone threatens someone and they are like 'oh no violation'... I reported a tweet with a video of ukraine where they showed un-blured body parts of dead people and a message praising russian soldiers for 'smashing nazis into little pieces'... and it was 'no violation' (thankfully this was removed when I reported it a second time)

And Twitter is banned in China, yet the number of accounts which have location set to China, you shouldn't even be able to select China and there should be no state run media accounts.

Re: Jack Dorsey texts Elon Musk, March 26, 2022

#192

Earlier quoted context omitted.

Consider they're at least somewhat aware this conversation would be subpoenaed during a lawsuit should the acquisition go sour. Musk's "can we talk on the phone?" means "tell me more, but without the evidence trail"

It can mean that or more likely means "We have gone past the usefulness of async short texts as a means of conversations." Text/tweets are useful but are sub optimal for actually discussing stuff like this. Voice is so much better in this case.

What? I've literally never felt this way.

Every time someone wanted to have a call with me, it was so they could push me into something with their whining, or so they could misinterpret what was said without me being able to point at a timestamped sentence. For these reasons I always refuse calls about anything important - and never had any problems solving various business issues over text.

How specifically is text less/not useful?

Re: Jack Dorsey texts Elon Musk, March 26, 2022

#193
post #58

Is he talking about ActivityPub[1, 2] and the Fediverse[3]? Just look at Mastodon[4, 5] if you're looking for something like twitter without the centralization and the corporate greed. [1] https://en.wikipedia.org/wiki/ActivityPub [2] https://activitypub.rocks [3] https://en.wikipedia.org/wiki/Fediverse [4] https://en.wikipedia.org/wiki/Mastodon_(software) [5] https://joinmastodon.org/servers

Can someone invite me to mastodon.technology? Email on my profile.

Sent

Re: Jack Dorsey texts Elon Musk, March 26, 2022

#194

Earlier quoted context omitted.

The problem is that he is trying to monetize the distribution of content. All his talk about decentralization is pointless, because he wants a system where there are gatekeepers, the only difference from Twitter (or Facebook/Google) is that in his view these gatekeepers should be baked into the protocol. It would be comical if it wasn't diabolical.

> he wants a system where there are gatekeepers Does he? He says "it can't have an advertising model" and that it shouldn't be centralised. > in his view these gatekeepers should be baked into the protocol I don't see how that could in practise be done, and my reading is that Dorsey either doesn't want it or doesn't think it's possible (or both).

In practice you rally all of the Bitcoin HODLers who are "desperate" and on average have "decent" losses - and want Bitcoin to become popular again, and ideally for them, become mainstream.

This then incentivizes them to use only platforms and services that are integrated with Bitcoin (et al), in order to try to continue the charade that Bitcoin overall provides a net benefit, in hopes that its price, based on demand, reaches at least what they paid for it to begin with - but "hopefully 10x more!" However, it's described in part as Ponzi scheme as someone is always left holding the bag, and it will be the present moment wave who are most heavily holding the bag, who will then be more willing to rally and be a coercive group; it's like religion, or a cult, that you buy into - but where you not only have a profit motive, you're motivated to make back your losses too.

The problem is they've never actually been able to compete with non-Bitcoin platforms and services - and perhaps at its foundation due to the higher cost of using Bitcoin vs. just using the internet with encryption and other security protocol; let alone story after story showing the $ billions stolen in Bitcoin; from the beginning in Bitcoin-related startup pitch decks - you'd never see a price comparison slide for Bitcoin vs. current offerings.

This "army of HODLers" is however a potentially dangerous situation, as these are real people with voting power in democracies - and as I referenced above there was fairly early on an effort to "educate" politicians: how much the broader society be manipulated into adopting Bitcoin, simply through nudging of making it more normalized, all so the current HODLers can profit and pass the bag onto the next unsuspecting, misled laypeople? It only takes a single person with $ billions to $10s of billions to gain if this scheme continues, and who may already have $ billions of cash to spend say 50% of trying to manipulate to move it along strategically.

Re: Jack Dorsey texts Elon Musk, March 26, 2022

#195
post #131

Reading this conversation reminded me of something Steve Jobs once said: "Everything around you that you call life was made up by people that were no smarter than you and you can change it, you can influence it, you can build your own things that other people can use. Once you learn that, you'll never be the same again"

While I believe this deeply. Putting really smart people into a room to work on big things is optimal.

Re: Jack Dorsey texts Elon Musk, March 26, 2022

#197

I think to a certain extent there's an overwhelming culture in the SV VC world of being completely credulous. That exchange just seems like a uniquely weird situation of two people talking absolute bollocks and neither being willing to mention the elephant in the room. It's no wonder the second their plan hit the real world it exploded on impact. You would have thought the guy who ran twitter would actually understan…

All investors are credulous and act on hopes. The cynical ones never invest a penny.

Re: Jack Dorsey texts Elon Musk, March 26, 2022

#198
post #24

Earlier quoted context omitted.

That's hilarious, because for someone with a literal degree in physics he doesn't seem to understand the physics at all

I don't find it hilarious. It is rather sad that stupid people who know nothing about physics, end up billionaires through tech companies/innocations, while physics genius like you remain anonymous on the internet.

Can you be more specific? You're talking about a guy who was able to make a company that returned a booster 14 times back to Earth. Physicists and engineers that tried before him couldn't make it. Not even John Carmack could. How come Musk is so stupid if he's done it when others couldn't?

(yes I know he's not the engineer turning the bolts on the rocket. There's incredible value in good management and leadership, though - and for that you need to know a lot about what you're doing. )

Re: Jack Dorsey texts Elon Musk, March 26, 2022

#200
post #139

Earlier quoted context omitted.

> It seems to me that once your middle management is infested with non-tech people (because you couldn't resist "growing" forever), you don't stand a chance anymore. I fixed a redundancy for you. Otherwise, spot on, and if I had one of those vinyl printers my wife uses to put things like “Home is where your heart is” on the wall, I’d print this, and hang it secretly on the bathroom walls at work. I’m experiencing thi…

Flat management hasn't really worked well for Valve. With no formal power structures they seem to have just formed informal power structures which aren't necessairly pushing the company forward...

I think it depends on what “worked well” means.

They have stagnated product wise but it seems that their employees are happy and they make enough money to be profitable.

I think this is also a function of their competitors being jerks (Epic) or not really caring (Apple App Store). So a true competitor could likely eat their lunch if they really wanted to.

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