Twitter Is One Competitor Away From Losing It’s Relevance
Just a year ago Elon Musk bought twitter from Jack Dorsey, this came as a big shock to us, or rather to me, because I thought Jack Dorsey was too attached to twitter to sell it, although the price was juicy. We all knew that Elon Musk was either going to make twitter greater or break it. Depending on which side he chooses to follow, Elon Musk is known to be a very good business man, and we all know how business is, it can make you a lot of money or make you lose a lot of money. Lets not forget that twitter is a highly centralised platform, but then with the fusion of a good capitalist business man, we expect more centralisation.
First, Elon Musk changed the rules of twitter blue verification, from being free to being paid for. To get a twitter verification you have to pay a certain amount of money monthly, this means that twitter will be generating a huge revenue from that, twitter blue verification used to have value as you need to attain a certain level of verification and be a huge known public figure to have that blue verification badge. When Elon Musk became the new CEO OF TWITTER some advertisers left twitter there by reducing some advert revenues made by twitter, so twitter blue subscription helped cover that. With the monthly twitter blue subscription fee and some clicks, you can feel important with the verification badge. But this is for people who want to feel important, what of people like me that don’t care about it, this means that we have no use for it, we don’t care and we won’t pay for it.
This means that Elon Musk won’t make money from us, so another way to make sure Elon Musk makes money from we the non twitter blue verification subscribers is to make it mandatory and limit our twitter usage, just so we can be forced to subscribe for twitter blue verification. The new twitter policy limits twitter users to a certain number of tweets everyday. If Web 2.0 can be any centralised Elon Musk just made it more centralised, I wish people can find out and know abut Hive, because Hive is one of the most decentralised social media platform that pays you for doing what twitter is about to make you pay for. I guess customer’s satisfaction is not a priority.
Posted Using LeoFinance Alpha