elon musk buys twitter, time for decentralized social media?

By Nuggets | nuggets talk | 28 Apr 2022



Decentralized social media just got the biggest boost it needed

the biggest news today or whenever you are reading this is that Elon Musk just bought Twitter, the social media platform that is acting as the internet equivalent of the “town square.”

I have nothing against musk and I'm a big fan of his and the things he does. I don't really mind that he bought Twitter, because I don't see him doing any irrational decisions like suddenly becoming a tyrannical ruler over the “ public town square”. if you think that. on a whim, he could enact drastic changes to how Twitter works, then, I don't know.

Most of us as so ill-informed about the details of this deal and how the power works within the company. Yet we are out there making irrational comments and opinions about what's going to happen

People are just signaling to other people.

Just look at all these outspoken people, mind you posting on Twitter, that they leaving Twitter, such dramatics, eh, haha.

people saying “this is my last post since he bought Twitter, etc‘. You should read the tweets’ that are flung toward the guy. ironically this is the point of free speech, the fact that people can criticize the guy is what free speech suppose to be. free speech “ is someone you don’t like allowed to say things you don’t like”. Elon quoted

today there was a huge surge in alternative social media platforms like “trust social” or counter social.

I am not political, I could care less about these rights or left people, libs, etc . these people are suddenly afraid that he would let all types of people whose speech are barred from being on the platform having a voice again.  

why are you reading tweets from people you don't like, do they not know how Twitter works.

The main reason why the hate toward Elon

Anyone who knows anything about human psychology or has just been around them long enough knows that this hate is all because he is the richest guy in the world. when you are at the top, everyone below is trying to pull you down. Everyone is tearing down the guy, Years ago when he was not this publicly well known, people liked him, he was saving the environment with Tesla, and now it's like he is the devil. Now it’s he too rich, he has too much power, etc. If he was just another billionaire, not in the spotlight, nobody would care that he bought twitter that much. Being a very public person and this influential means it’s way easier to throw hate your way. 



Is this the time for web 3 social media,

As much as I am a fan of Elon Musk and his antics and tweets, I even feel like, okay this is where we are headed, you own too many things now, too much centralization. I am not against the free market and capitalism but the rest of us are not going to be making any money form all the content we put out on Web 2 social media platforms.

Up until this point, I struggle to see how decentralized social media platforms like hive and the like would get any traction.

why would a bunch of people leave pre-existing social media platforms that have millions of users to go to one where there are not many users. Apps live and die by how many users use the platform. it does not matter how good any features are if there are no users. New Web 3 social media apps are okay, but they don't have any users so the content is very limited.

I find it very easier for existing social media apps to integrate aspects of new web 3 apps than a new web 3 app supplanting existing social media. what would it take for the emergence of new improved social media platforms to get rid of the old ones?


  • And then this happened , Musk buying out all the shared of twitter means that , no one owns any stocks , so when the value goes up no one profits except him. At least that's my current understanding of the situation. Then it hit me web 3 biggest draw is that everyone share in the platform and the profit. Just like publish0x and hive etc , you get to share in profits if you put out content and people like and engage with it. Web2 like Twitter , Instagram and Facebook , the only way to make an money is by having a large following and monetizing your audience. Getting people to gave you money for ad space and promotion.imagine getting paid on Instagram for putting out pictures that people could like or even buy directly through the platform, that would be so amazing. Don't get to excited because even though you can make money on Web3 it still runs of audience number, the bigger the following the more money you make per content.


  • With web2 social media platforms a person like me who don't have any audience on pre-existing platforms never could make money. Not unless i could sell my own products or other products to my meager  audience. The only way for me to make money was to buy those stocks but now twitter is becoming more centralized.this is a big push for more web 3 social media platforms or integration into platforms , ability to allow creators to receive tips etc just like in streaming platform.

How do you rate this article?




i am a mid 20's and still have no clue about much things trying to escape working for the rest of time. i listen to a lot of people speak but nothing seems to work

nuggets talk
nuggets talk

i have no idea i just write about thing that interest me

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.