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Re: Follow up on last night's Twitter / Mastodon talk

  • Subject: Re: Follow up on last night's Twitter / Mastodon talk
  • From: Richard Guy Briggs <rgb [ at ] tricolour [ dot ] ca>
  • Date: Fri, 4 Nov 2022 15:24:03 -0400
On 2022-11-04 15:09, Brett Delmage wrote:
> On Fri, 4 Nov 2022, Richard Guy Briggs wrote:
> >I'm not saying [twitter] isn't but why was it valued so high?  (That's
> >rhetorical.)  Even if it loses money, it is still likely be quite valuable
> >to Musk as a tool to facilitate other goals.
> 
> Any social media property/corporation is only valuable as long as bazillion
> target users are engaged, giving up their privacy, and reading ads or
> content that the owner wants to influence them with.
> 
> And users are free to trivially disengage or leave, as they have on other
> social media in the past.

Bitcoin or dollars are only valuable because enough people think they
are.  Gold does have other uses.

> Nothing else matters.
> 
> Of course U.S. government TLAs may value a social media property which has
> bazillion users spilling every moment of their lives and being geo-tracked.
> Who's to say an agency doesn't have a hand in the current twitter situation?

That is absolutely possible.

  slainte mhath, RGB
--
Richard Guy Briggs               --  ~\    -- ~\             <hpv.tricolour.ca>
<www.TriColour.ca>                 --  \___   o \@      @        Ride yer bike!
Ottawa, ON, CANADA                  --  Lo_>__M__\\/\%__\\/\%
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