Decentralized Social Media is a BS

xuanling11
Coinmonks
Published in
2 min readOct 1, 2022

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Photo by Alexander Shatov on Unsplash

Elon Musk just trashed Twitter again. And he is reluctant to buy Twitter. He claimed Twitter has a more vast bots population than human beings active in space.

The recent court documents released many discussions and conversations between billionaires and what they thought before acquiring a company.

Elon planned to turn Twitter into blockchain social media because he thought the blockchain was a solution to prevent bots and spammers since the blockchain was created to fight email spammers in earlier days.

But his plan did not go well.

First, Elon got soured with Parag Agrawal, who later became CEO of Twitter.

Elon thinks Parag is just an a**-kissing CEO to please everyone.

Later, he refused to get a lecture from another Billionaire CEO of the crypto exchange FTX, Sam Bankman-Fried, about how to make Twitter a blockchain social media.

Elon Musk suddenly disliked the idea of Twitter, killing all bots and turning Twitter into blockchain social media.

What just happened?

Here is what I think is why he just turned around suddenly.

Killing bots is unprofitable

Twitter without bots is unprofitable anymore. Those bots can easily influence the opinions of viewers in the Twitter space.

Twitter is fighting hard, but more bots will likely be created and push more spam.

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