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Home Technology

son the founder regrets making a business out of it

by Hashem Ali
July 3, 2023
in Technology
2 min read
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Twitter has been constantly in the spotlight in recent months. After weeks of suspense, Elon Musk has formalized son intention to buy a microblogging platform. And the agreement between the two sides was reached in April in the amount of $44 billion.

Issues tied for Twitter

While this should be a mere formality, the deal is ultimately not completed. Indeed, Elon Musk took issue with how Twitter calculates the percentage of bots and fake accounts present on the platform, and this one ended up pulling out of the deal. However, Twitter wants to enforce the terms of the deal and force Musk to buy the company. Thus, the two sides are confronted today in a legal battle in the US. And as if that weren’t enough, Twitter’s former head of IT security recently filed a lawsuit in the US accusing the platform of serious security breaches. protection data of their users.

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For Jack Dorsey, Twitter wasn’t supposed to be a business.

It is in this context (with reference to platform moderation) that Twitter founder Jack Dorsey recently mentioned son more grand regret about the microblogging platform. In response to a question from a netizen, Dorsey indicated that son more grand Unfortunately, Twitter’s biggest problem is that it has become a business.

The biggest issue and my biggest regret is that it has become a company. — Jack (@jack) August 25, 2022

For him, Twitter was supposed to be a protocol that would not belong to the state or company. The founder of Twitter would like to make it a decentralized system comparable to bitcoin or email.

Mastodon already exists, and Jack Dorsey also wanted to create a protocol for which Twitter could become a client

Moreover, it should be noted that a decentralized alternative to Twitter already exists. This is Mastodon, whose work is often compared to email. But after a brief hype after its inception, this one failed to make place along with the main online platforms. However, please remember that before exiting direction Twitter, Jack Dorsey laid the first milestones for the mechanism that would make the network possible social decentralized, whose client later became Twitter. “The reason I have such a passion for bitcoin has a lot to do with cause the model it demonstrates: a fundamental Internet technology that is not controlled or influenced by any individual or organization. This is what the Internet wants to be and more and more of it will be over time,” Dorsey said in January 2021. “We are trying to do our part by funding an initiative around an open, decentralized standard for social media. Our goal is to become the customer of this standard for the public communication layer on the Internet, ”he also explained, while still being the head of Twitter.

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