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Twitter updates its website logo to Dogecoin

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Re: Twitter updates its website logo to Dogecoin

#22
post #7

> Dogecoin Surges 20% as Doge Replaces Bird Logo on Twitter From: https://decrypt.co/125299/dogecoin-surges-doge-replaces-bird... Is this how he wants to pay his liabilities?

All these articles saying "Twitter responded with a poop emoji when asked for comment" make me laugh so hard. Apparently they automated their press@twitter.com email to respond with a poop emoji. Actually pretty funny

It’s kind of funny right up until you read a headline like “the shooter posted his manifesto on Twitter, when asked to comment Twitter responded with a poop emoji”

Re: Twitter updates its website logo to Dogecoin

#24

Unsure if this related, but on the web, my "Following" feed is also now full of tweets from people I don't follow.

Those are probably retweets. it no longer marks retweets as such.

Yeah, you're right. I didn't realize there's currently a bug where retweets aren't labeled.

Re: Twitter updates its website logo to Dogecoin

#25

Is this even legal? I remember Elon had a gag order from the SEC about market manipulating tweets. Changing Twitter's logo isn't technically a tweet I guess?

AFAIK, Dogecoin isn't a security, so it wouldn't fall under the SEC's purview regardless.

Re: Twitter updates its website logo to Dogecoin

#26

Is this even legal? I remember Elon had a gag order from the SEC about market manipulating tweets. Changing Twitter's logo isn't technically a tweet I guess?

AFAIK, Dogecoin isn't a security, so it wouldn't fall under the SEC's purview regardless.

Surely this must at the very least be illegal advertising or something like that. He literally owns one the largest ad platform in the world and sells ads to other people. He then uses his ownership to put an ad for a currency he has stakes in. He doesn’t just put this ad somewhere where other ads goes, but in a very prominent location, visible to all users, even those with ad-blockers, other customers don’t have the option of buying an ad placement like this.

Re: Twitter updates its website logo to Dogecoin

#27

Earlier quoted context omitted.

AFAIK, Dogecoin isn't a security, so it wouldn't fall under the SEC's purview regardless.

Surely this must at the very least be illegal advertising or something like that. He literally owns one the largest ad platform in the world and sells ads to other people. He then uses his ownership to put an ad for a currency he has stakes in. He doesn’t just put this ad somewhere where other ads goes, but in a very prominent location, visible to all users, even those with ad-blockers, other customers don’t have the…

Eloquently put.

Re: Twitter updates its website logo to Dogecoin

#28

Earlier quoted context omitted.

AFAIK, Dogecoin isn't a security, so it wouldn't fall under the SEC's purview regardless.

Surely this must at the very least be illegal advertising or something like that. He literally owns one the largest ad platform in the world and sells ads to other people. He then uses his ownership to put an ad for a currency he has stakes in. He doesn’t just put this ad somewhere where other ads goes, but in a very prominent location, visible to all users, even those with ad-blockers, other customers don’t have the…

My comment was specifically about the connection to the SEC: if Dogecoin isn't a security, then Musk isn't illegally promoting a security or violating other securities laws. Maybe the CFTC would dislike his promotion, but it's not clearly illegal for someone to use one property they own to promote/advertise their other interests as long as it's disclosed (which, as you note, Musk has done with Dogecoin).

Re: Twitter updates its website logo to Dogecoin

#29

Earlier quoted context omitted.

Surely this must at the very least be illegal advertising or something like that. He literally owns one the largest ad platform in the world and sells ads to other people. He then uses his ownership to put an ad for a currency he has stakes in. He doesn’t just put this ad somewhere where other ads goes, but in a very prominent location, visible to all users, even those with ad-blockers, other customers don’t have the…

My comment was specifically about the connection to the SEC: if Dogecoin isn't a security, then Musk isn't illegally promoting a security or violating other securities laws. Maybe the CFTC would dislike his promotion, but it's not clearly illegal for someone to use one property they own to promote/advertise their other interests as long as it's disclosed (which, as you note, Musk has done with Dogecoin).

This was also rolled out in Europe, and I’m pretty sure there are consumer protection laws there which disallow this type of behavior. A media giant cannot use that media to promote their interest in a privileged position which is not granted to other ads.

Re: Twitter updates its website logo to Dogecoin

#30

Earlier quoted context omitted.

Those are probably retweets. it no longer marks retweets as such.

Yeah, you're right. I didn't realize there's currently a bug where retweets aren't labeled.

I thought that's intentional, than a bug.
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