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Forums - Politics Discussion - Elon Musk acquires a 9 percent stake in Twitter

 

Is free speech suppressed on the internet's main public squares

Yes 32 52.46%
 
No 27 44.26%
 
Undecided 2 3.28%
 
Total:61
Jumpin said:
ConservagameR said:

I'd argue it's one of the biggest FU money moves in history, tied up with the biggest shadow like ban pre maneuver to keep one's self (and others) from being banned (and getting some unbanned).

Slowly but surely buy up shares until you're ready, then make a few larger purchases that make you the largest private shareholder. Then make your moves in a manner which either forces Twitter to sell, or leads to the platform suffering far greater than it already was if they don't. Twitter itself is partially to thank.

It looks like Elon has had a lot built up that he's wanted to say on Twitter, based on more recent tweets, aware that he's not the only one, yet hasn't been able to express them, knowing that if Twitter is willing and able to ban the President of the US, then there's no stopping them from banning Musk and anything associated with him, like his companies.

If you're someone like Musk, who likely has an idea, or knows other elites think having too much media influence is a major problem, even if some of those elites already have too much media influence (and ownership), and you've got the money, then buying something like Twitter seems kind of obvious, especially from a strategic business perspective.

Now not only can Elon say as he pleases, but he can do so knowing he and his associations will never be punished on one of the most influential platforms ever to exist. As per usual, his genius being put on display along with some of his opponents and dissenters misplaced fearful acknowledgement.

In a world of cancel culture, if you've got the money to buy influence, you buy it, and if you can outright own it, it's your eventual downfall if you don't.

Imagine being so fucked in the head that the logical conclusion of “I wanna post dumb shit on the Internet” was buying a 50 billion dollar microblogging platform? But let’s be real, the Twitter purchase is Elon’s Mazda Miata.

Well how much is that 50 billion to Musk? Just because it's a big number to almost everyone else, don't mean it's big for him.

There seems to be plenty of people upset he bought Twitter, figuring he'll change it, so they must all love that junk as well.

One man's trash is another man's treasure. Caviar ain't for everyone.



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Zkuq said:
padib said:

As far as I know, Twitter is on AWS, and Bezos is Musk's direct competitor outside of twitter. I wouldn't be surprised if Musk leveraged his own platforms to bypass the censorship or obstruction. Nowadays people are aware of the monopoly on cloud services and are gearing up against it.

AFAIK Musk doesn't (currently) own anything that could counter AWS stopping hosting Twitter. Starlink comes closest, and it's really a different thing. Regardless of the trend, I'm not sure it's easy to counter stopping hosting Twitter just yet.

No, but Google is tied up with Starlink in offering ground infrastructure, so that makes it unlikely that Google will go against Twitter. MS also has been promoting Azure Space which is supported by Starlink. Musk has enough connections to big tech, so unless they change their minds, or AWS and Bezos goes against Elon solo, odds are he doesn't have to worry too much.

Companies have been onto this for some time, especially social media, and have been building their own completely separate ecosystems from big tech. Gab has it's own servers for example, and Rumble right now does more business with it's servers than it's video platform, just because it's separate from big tech and therefore offers very little risk. Rumble has been acquiring and is growing quickly and recently got some huge investments into the company. The management at Rumble are also big fans of Musk.

If AWS wants to cause considerable headaches for Twitter asap, they can, but in the long run, Twitter can remain, and directly attacking Elon like this is asking for trouble. It's not just Elon who will feel attacked. The internet, is supposed to be about openness and working together, not closed doors and monopolies.



RolStoppable said:

Musk's idea of free speech will be pretty clearly determined by whether or not he will unban Trump's account on Twitter. That account's posting history is so expansive and comprehensive in terms of what free speech can be interpreted as.

And there it is:

https://www.bbc.com/news/business-61399483

Twitter's decision to ban the former US president was "morally wrong and flat-out stupid", Mr Musk told the Financial Times Future of the Car summit.

Now we know what we needed to know.



Legend11 correctly predicted that GTA IV (360+PS3) would outsell SSBB. I was wrong.

A Biased Review Reloaded / Open Your Eyes / Switch Shipments

JRPGfan said:

Time to sell, before he does.
When he bought in, his fame kickstarted a rave and probably made the thing shoot into the air.
I'd wait a week or so, and dump them (if I had any invested in it).

https://www.techpowerup.com/294832/elon-musk-places-twitter-acquisition-on-hold-as-doubts-emerge-over-its-userbase-data

"Elon Musk in a late-Thursday tweet announced that he is placing his Twitter acquisition bid on "temporary hold" over doubts about the platform's spam-bot data. Twitter, in a recent SEC regulatory filing, disclosed that spam bots made up less than 5% of its userbase. The filing revealed that Twitter has 229 million users that viewed consistent ads, while fewer than 5% of the "monetizable daily active users" were fake or spam-bot accounts. Financial analysts predict the substantial fall in cryprocurrency values, as well as a $400 billion drop in market-capitalization of the Tesla stock since Musk announced plans to buy Twitter, may have made the world's richest man squeamish about buying Twitter, and that he is probably looking for a legally safe escape route from the deal. Twitter shares plummeted in value since the Musk tweet."

Beginning of april, stock was at 39 (it had been trending upwards, for abit before that as well, from like 33).
Musk notices, and jumps in on it. Musk rumors/buying it, and it goes up to 51 points.

I said, might as well sell it, before he does.

Since then, its gone down abit, and up abit (back to 51 points) and down again... and its now trending downards (44 or so).
If Musk backs out, I'd imagine it drops below 39.

The right time to buy and sell, was when it was at 51 points.


sethnintendo said:

Let's look at dogecoin which is junk crypto that Elon heavily promoted till it reached peak at around 70 cents.  How many losers did he get to commit to a joke currency?

This is my thing as well.
I feel like, its happended too many times.
Musk loves to joke around, use his name and influence, and stocks shoot up, and then he sells.
He causes lots of people to lose, if they invest and dont back out before he does.

Thats why I did this post (below) earlier on in this thread:

JRPGfan said:
rapsuperstar31 said:

I think it could go multiple directions, Elon may hold onto his shares and the stock may rise and fall like all the meme stocks tend to do whenever someone tweets something positive about it.  Elon could sell all of his shares and the stock could tank, or Elon could try a hostile takeover and try to buy Twitter outright in which case the shares could jump.

I just feel like this has happended alot.
He uses his fame and PR, and a tweet or something, and a stock goes up, and then a week or so lateron, he tweets something else and it drops.
Its like he enjoys messing around with the stocks, based on his say so.

Hes also, done this before, where he boughts something, it goes up, and then he sells.
Knowing full well his "makeing a big hoo-ha, about buying stocks, forces it up".

People that follow trends, usually do so late, and end up burnt.
Like if you follow musk, I'd be nervous about keeping stocks that got a bump out of him, for long.

ei. dont buy stocks because of musk, do it if you believe in it yourself.
because Musk enjoys messing around too much lol.

But to each their own.

Last edited by JRPGfan - on 13 May 2022

RolStoppable said:

From my experience, freedom of speech is all too often misunderstood as entitlement to agreement, so almost all of the time a complaint about lack of free speech is actually a complaint that the majority does not agree with the expressed points of view. Which usually makes the whole thing the opposite of a desire for free speech, because the real goal is the creation of an echo chamber where differing points of view are supposed to be oppressed.

I am quoting the first post I made in this thread, because it proved to be all too true. The creator of this thread, padib, has been caught red-handed.

https://gamrconnect.vgchartz.com/profile/189831/shield08/
https://gamrconnect.vgchartz.com/profile/189832/ntgames/

Both accounts' reasoning for a permaban is "Padib Alt; Also used to manipulate the upvote/downvote system."

For those who aren't aware of how the upvote/downvote system can be manipulated, I'll explain. Gold supporters of this website get four times the voting power of a non-supporter, so this means that padib had 12 times the voting power when factoring in his main account that is also a gold supporter. The next important thing to know is that the downvote threshold to make comments on VGC articles a lot less visible has been increased to 10 not too long ago. Having 12 times the voting power allowed padib to drop any comment he didn't like below this threshold all on his own; and of course 12 times the voting power also allows someone to move the comments they like to the top, because comments are listed in order of popularity.

This interpretation of free speech is definitely not how the majority understands the definition of free speech.



Legend11 correctly predicted that GTA IV (360+PS3) would outsell SSBB. I was wrong.

A Biased Review Reloaded / Open Your Eyes / Switch Shipments

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Report:The free thinking independent and champion of free speech allegedly sexually harassed a flight attendant, paid her off and had her sign an NDA, suddenly aligned himself with the Republican party as soon as he was asked to comment on the allegations, and is now crying victim to paint said allegations as a political hit job.

I can see why he's so sympathetic to Trump's plight to get back on the platform.



TallSilhouette said:

Report:The free thinking independent and champion of free speech allegedly sexually harassed a flight attendant, paid her off and had her sign an NDA, suddenly aligned himself with the Republican party as soon as he was asked to comment on the allegations, and is now crying victim to paint said allegations as a political hit job.

I can see why he's so sympathetic to Trump's plight to get back on the platform.

These people are crazy. If you're THAT rich and in need of sex just get a hooker! With the kind of money a billionaire has I bet he can even get a pricey one lol



I wonder what Twitter has to say about this? Their fact checkers are no doubt on this!



ConservagameR said:

I wonder what Twitter has to say about this? Their fact checkers are no doubt on this!

This term keeps coming up, so I assume it has become one of the latest buzzwords among people who align with republicans.

Is this buzzword merely used in a sarcastic manner or is it also a general complaint that fact-checking pierces through the heart of the drivel that republican-aligned people like to spew?



Legend11 correctly predicted that GTA IV (360+PS3) would outsell SSBB. I was wrong.

A Biased Review Reloaded / Open Your Eyes / Switch Shipments


Came out as a Republican and claimed ppl going after him will be politically motivated, on the same day he was contacted about the story they were going to release on him flashing his dick on a plane.

Last edited by Hiku - on 21 May 2022