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Is Twitter Going To Fail?is twitter going to fail that's one of,the questions lots of people are ask

Anthony Pompliano

Updated on Jan 20,2023

Is Twitter Going To Fail?

is twitter going to fail that's one of,the questions lots of people are asking,twitter is one of the largest social,media companies in the world and it's,been under intense scrutiny over the,last few months we've seen a lawsuit,with elon musk the world's richest man,and we've also seen people come out of,the woodwork to talk about censorship,and where twitter aligns in the free,speech conversation but that's not the,only thing that we should be paying,attention to there is a massive bot,problem on the platform as well just,yesterday david sacks famed entrepreneur,and investor had this tweet he said that,he just reported a spam account,impersonating a friend the fake account,uses the same name same profile photo,same cover image and a username that's,off by just one letter why can't twitter,detect this with basic machine learning,and are they even trying this then led,me to go check and i said the last time,the ceo of twitter tweeted that was on,july third so maybe they just don't know,about the bots but all jokes aside i,then had someone go and search my,username what would show up in the,search results well when you do that you,can see that none of the real accounts,none of these are me but the bots,they're running wild,but twitter doesn't just have a bot,problem they also have a censorship,problem and you can see many of the,power users are starting to turn against,them jordan peterson just yesterday,released a video a message directly to,the ceo of twitter here's some of the,things that jordan had to say it is,therefore,by no means clear that you or those who,help you run your benighted and blighted,direct democracy mob rule psychopath,dominated communication platform have,the moral standing,to render the kind of arbitrary and,careless judgment on the behavior of,others you deem,inappropriate who also just by,coincidence don't happen to share your,progressive political views,i would also in closing like to,reiterate my irritation at the facts,that,one,i was banned from your platform without,anything other than a generic and,self-serving low resolution explanation,two,that my appeal of that ban was ignored,three,that your company's reasons for banning,and manipulating or regulating the,behavior of your users are utterly,opaque ineffectual and,self-contradictory,four,that your own security personnel and,potential investors or even purchasers,of your company have been properly,scared off by the chaos that reigns,under your authority five that you take,to yourself the moral propriety,necessary,to continue censoring a former president,of the united states even as a critical,election approaches without knowing at,all whether or not you are making even,the situation under him that you object,to worse instead of better six,than your careless sensorious behavior,and enabling of the anonymous,machiavellian narcissists and,psychopaths who inhabit the twitter,troll underworld is warping and,dementing the entire domain of public,discourse,people who live in glass houses mr,agrawal,and you might ask yourself by the way,who cast the first stone now the reason,why this is so important is that twitter,is an awesome platform i love twitter i,hang out and have met so many people on,that platform but that doesn't mean that,they get a pass they should have to,continue to innovate improve their,product for users they should not censor,people they should not ban people unless,they're actually trying to incite,violence and on top of it all,why are they trying to fight somebody,who doesn't want to buy them those are,all big questions and i don't have the,answers but i do know that social media,is a powerful tool when used correctly,but social media can also tear apart the,fabric of society when it is abused and,right now twitter appears to be at a,fork in the road which path do they want,to go down do we want to live in a world,filled with spam and bots and censorship,or do we want to live in a world where,people are allowed to meet on the,internet and have open dialogue talk,about the things they find important and,do so without worrying about being,absolutely berated and attacked,by fake accounts in the comments there's,a lot of questions that twitter needs to,answer i've got deep belief that twitter,can figure it out it's been an amazing,product for me personally and many,people i know my hope for twitter is,that they can improve the product get,rid of the bots stop censoring and allow,all of the users hundreds of millions of,them to continue to have an open,dialogue on the internet the world would,be a better place and i think a lot of,people would learn much more they could,use the product without so many,disruptions

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BREAKING: ELON MUSK OWNS TWITTER

BREAKING: ELON MUSK OWNS TWITTER

elon musk it looks like he's going to,get the deal done elon musk went out on,april 14th and he said that he was going,to buy twitter for 54 and 20 cents a,share about 43 billion dollars now this,was right after he'd spent about 3,billion personally to go ahead and,purchase about nine percent of the,business he became the largest,shareholder and everyone said what's,going on the world's richest man he's,getting in the game twitter obviously,came forward and tried to get him to,join the board of directors but elon,said i ain't joining the board of,directors on april 14th he said i made,an offer and he put out a link to the,sec filing now this morning at 9 12 a.m,the most legitimate source on the,internet breaking 9-1-1 said twitter set,to accept elon musk's original 43,billion offer according to reuters now a,lot of people are wondering why is the,richest man in the world trying to buy,twitter well it's because he says that,he wants to preserve freedom of speech,he says he doesn't care about the,economics of the deal everything got way,more serious when they realize the guy,who's tweeting out memes about bill,gates and other things he's not just,trying to buy twitter as a media stunt,he actually has the money why elon musk,went and he got 46 billion dollars of,funding some of its equity capital he's,putting up some of it comes from morgan,stanley and other lenders but he got the,cash and nobody else had the money or,the appetite to buy twitter twitter had,no other suitors it's just elon with his,46 billion dollars pulling a stare down,with the twitter board of directors and,so what is he going to do once he goes,ahead and buys twitter well he's got,this tweet here where he says that his,number one thing that he's going to,focus on is that he wants to defeat the,spam bots or he's going to die trying,and guess what there's lots of people,who they don't like the idea of the,world's richest man actually buying,twitter and so they're all talking about,how they're going to delete their,accounts our boy joe here had a great,tweet,he said you can find me on instagram at,vlogmas his twitter is the new i'm,moving to canada if donald trump becomes,president no you're not,stop virtue signaling on the internet if,you really thought that you were gonna,move to canada you should have done it,if you really think you're gonna stop,using twitter go ahead we won't miss you,so ultimately what we're going to watch,here is it looks like twitter's going to,accept this offer and elon musk is going,to get his hands on what i personally,believe is one of the most influential,pieces of technology in the world,now the theory that elon could be buying,twitter simply because it's the,marketing department for tesla and it,preserves his ability to continue to,market tesla it's pretty interesting but,i think it's probably more likely that,he simply saw the opportunity for a,company that was in distress that didn't,have its way and imagine if you're the,ceo of this business you step in you've,been there for less than six months and,already you've got somebody who has,raided the company and it's gonna take,it over and fire your ass he's almost,bullying the twitter board right he said,i'm going to buy twitter they said we're,going to do a poison pill make sure you,can't buy twitter it goes cool i'm still,going to end up buying twitter by offers,he's straight up putting their heads in,a toilet game of swirly and then he's,sitting there and he's going back to the,teacher and he's like i'm still a good,guy so the only thing i think about if,twitter is one of the most influential,and important things for free speech is,it that great that he's going to take it,private yes why why is that like so much,better because they don't have to answer,to shareholders right so every every,quarter now he has to do these calls,right and it's public markets his,stock's going to trade a lot it's more,volatile you have to answer to a bunch,of more people now he's going to be able,to do all these things in private,without having to answer to other people,for sure but the volatility of the,company isn't going to change on a,day-to-day basis yeah but i think that,answer to other people kind of keeps,them in check a little bit rather once,you take it private you can well here,here's what i know they've been a public,company for almost a decade and they,ain't got no free speech anywhere you,could you couldn't find free speech if,you spent 10 years looking for not only,these morons are taken down they're,still literally satire websites that,have been taken down,think about this for a second the,president of the united states got taken,off the platform but vladimir putin's,still on there the ccp has,state-sponsored media still on the,platform i don't want to hear ,about we protect free speech,because they are literally the digital,version,of just like the the uh uh what they,call um uh the killing squad where they,just line people up and just shoot them,because they disag

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Elon Musk’s Mission To Save Twitter

Elon Musk’s Mission To Save Twitter

when Elon Musk the world's richest man,purchased Twitter we were promised chaos,and entertainment and boy is that what,we're getting there are reports,surfacing that all sorts of different,things are happening internally we have,a report that says Jason calcanus David,sacks sriram Christian and Elon Musk are,sitting in a war room trying to figure,out who should they keep who should they,fire and what product changes should,they make we have also seen that the,mainstream media journalists who were so,worried about misinformation are,actually the ones who are publishing the,misinformation just days after Elon took,control last week two amazing meme Lord,trolls went and sat outside of Twitter's,headquarters and they convinced the,media that they had recently been fired,from Twitter their names were Raul ligma,and Daniel Johnson duh that was never,real on top of that there's now a report,that suggests if you want a verification,badge you can get it anyone as long as,you're willing to pay the price of 20,bucks a month ultimately what's going on,is that no one knows what's going on and,that's part of the beauty of having,someone with an ambitious dream and the,ability to get it done owning a company,that is obviously so important to the,fabric of society and to the Daily,discourse if I own Twitter the first,thing I would do is I would try to make,it a sustainable business and by doing,so you can understand that Twitter has,built one of the best social graphs and,really Twitter ended up becoming what,LinkedIn should have been Twitter has,afforded me personally so many amazing,benefits connecting with people learning,about various topics and ideas and also,being able to reach millions and,millions of people every single month,they give me all of these benefits for,free but me as a user I'd be willing to,pay for them and so would millions of,other people take for example the idea,of charging journalists for their,verification badge rather other than,simply charging 20 bucks a month most,journalists were actually given those,badges for free but what if Twitter,instead said hey you media companies,you're using Twitter's free distribution,to build massive multi-billion dollar,companies maybe you should pay us the,same way that you pay Facebook and,Google for distribution on their,platforms in that way what they could,say is every journalist has to pay one,thousand dollars per year in order to,get the verification badge maybe media,companies will pay maybe they won't but,that's an experiment probably worth,running on top of that Twitter will have,many other opportunities to push forward,the product we can start with simply,being able to get rid of the Bots search,direct messages or be able to connect,with people understanding what their,interests are and what exactly you and,they are trying to get out of an,interaction Twitter continues to be the,single most important conversation,platform in the world in my opinion and,now now that there is someone like Elon,Musk and his group of entrepreneurs and,investors in control of that company I,expect there to be fast changes on the,product side and I expect them to,continue to poke both sides of the,political aisle at the extremes,ultimately they do believe in free,speech it appears the problem is that,the people who are critiquing them seem,to only want to inflame the culture wars,and also create division among American,citizens and the global population,instead of the divisiveness what we need,is the ability for people to have,conversations to understand each other,and to be able to share their ideas and,learn from one another a platform like,Twitter is built to do this but,ultimately we shouldn't jump to,conclusions we shouldn't immediately,yell and scream about someone who's,owned the company for less than a week,that the decisions they're making are,good or bad sometimes it pays to have a,little bit of patience to watch things,play out and to see what is the impact,of the changes that they will make if,you are watching the Twitter Saga,understand this there is now a,rebalancing of the way the world works,we literally have those meme Lords,tricking the media standing outside of,the Twitter headquarters that tells you,that there's a confirmation bias the,reporters want it to be true but it,wasn't it was just a trick it was just a,joke now what we must watch is what,actually gets done,what are the changes and what is the,impact hold all of your critiques hold,all of your hot takes and let's see what,happens and then it'll become clear can,Elon Musk turn around a business where,it's stock price basically was flat for,a decade if he does he stands to make,billions of dollars and if he doesn't he,stands to lose billions of dollars that,is the beauty of capitalism he's got,skin in the game more skin than anyone,else in the world,so let's see what he can do

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Bitcoin Outlook For 2023

Bitcoin Outlook For 2023

what's up guys bang bang happy New Year,Bitcoin starting off the year pretty,flat and that actually might be a good,thing if we go all the way back to,November of 2021 Bitcoin to hit an,all-time high of 69 000 nice and then it,proceeded to fall 75 that's where it,sits today but if you actually think,about the last couple of months in this,industry we have seen blow up after blow,up after blow up and there's been all,sorts of Carnage chaos uncertainty and,lots and lots of the Legacy finance and,tech industry leaving and saying I'm,done with that well if Bitcoin just,continue to hold around fifteen or,sixteen thousand dollars that actually,shows a great deal of strength we know,that Bitcoin is just over 300 billion,dollar market cap and we also can see,that ninety percent of the supply has,been issued into circulation and so if,so many people over 65 percent of,bitcoiners are just holding on to their,Bitcoin they're not moving those coins,that are actually sitting out there in,circulation that means that it's an,illiquid asset and there's not that much,price elasticity so naturally Bitcoin,going sideways although there's tons of,bad news is somewhat kind of a sign of,strength in a weird way and so then we,can go ahead and we can look forward in,2023 what should we expect well we know,that inflation continues to be at over,seven percent in the United States and,high inflation is persisting around the,world the Federal Reserve for over a,year now has talked about destroying,demand and creating tighter Financial,conditions and they've raised interest,rates at a historic rate and also,started to try to conduct quantitative,tightening well as they have done that,inflation has stuck around and been much,stickier than they ever intended it to,be and so now we're stuck with a,stagflationary period where the Federal,Reserve is actually trying to raise,interest rates and create those tighter,Financial conditions but we're not,growing we've seen time and time and,time again that the Federal Reserve,things that they've knocked out,inflation but it's not happening and now,we're getting into a bad situation where,there is compound annual growth rate of,over seven percent there is no way that,the average American family is going to,be able to survive for much longer in,this type of environment and so with,inflation raging on and the FED,remaining committed to bring it under,control Bitcoin continues to go sideways,because we have to remember that markets,are forward-looking Bitcoin ran,aggressively hundreds of percent before,inflation hit and then when investors,saw that the Fed was going to try to,destroy demand and bring inflation under,control bitcoin's price fell,aggressively as well my expectation is,that it's going to be a pretty rough,year in 2023 for the economy many,investors are predicting a full-on,recession I'd argue we're already in one,and if the FED continues to create those,tighter Financial conditions and they,don't pivot back to loose monetary,policy it wouldn't surprise me if,Bitcoin just kind of goes sideways for,the year now I'm not much for Bitcoin,predictions anymore and I tend to think,that the average investor is simply,going to keep dollar cost averaging into,whatever their favorite asset is we know,that Warren Buffett and Charlie Munger,people who aren't fans of Bitcoin but,they do have a great great track record,as investors they like to just dollar,cost average into great assets and hold,them forever well the Modern Age We,simply call that huddling that's what a,lot of bitcoiners do and so I hope that,your Year is off to a great start in,2023 Bitcoins fundamentals continue to,look strong yes there are all sorts of,problems like gbtc's discount being down,over 50 percent which is quite,surprising to a lot of folks but,bitcoin's core fundamentals things like,hash rate fees and transactions continue,to be a bright light I'm excited about,2023 and I hope you are as well I will,see you all next Saturday

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It's Time For A Change... The Future Of My Content

It's Time For A Change... The Future Of My Content

hey guys what's going on I've got an,announcement for uh 2023 so I figured,I'd just jump on uh do a quick video I'm,not exactly sure how long these videos,are allowed to be but uh we'll find out,together uh so as many of you know back,in uh 2017 exactly five years ago to the,month I started creating content on the,internet uh the general idea was put,ideas out there get feedback uh learn,meet a bunch of people uh that's exactly,what I've done I started tweeting I,think I had like 2 000 followers uh so,pretty insane to see kind of where where,we've come uh they serve right in the,newsletter doing the podcast uh,eventually on YouTube We Now reach,millions and millions of people around,the world um sure you know myself and,the team worked pretty hard but I think,we're shocked as to how big this all got,and how many people were able to reach,every single month on top of that,there's been an incredible benefit I've,been able to travel around the world,I've met extraordinary people in every,area of the world I've been able to,raise quite a bit of money,for some great causes help thousands of,people get jobs,in the industry and if I'm really honest,with myself I probably learned more in,the last five years than in the first 30,which is is pretty personally rewarding,but all those benefits didn't come,without a cost there's kind of this like,hidden secret cost that I didn't really,realize until recently and so you know,as we were building out more and more,content I wanted to do more I wanted to,do higher quality anything that I do I,try to work hard at and do it's the best,of my ability so I started to hire a,team and in order to be able to build a,team and support that team we pursued,advertising as the monetization model as,many of you know when you listen to a,podcast you watch YouTube videos there's,ads companies pay and the people who are,creating that content tell you about the,companies that are the advertisers and,that was great but this industry is a,little bit different and so one of the,issues is while we worked with some,amazing advertisers,we also worked with some companies who,did some pretty bad things and what I,realized over the last couple of months,is I was essentially renting my name and,reputation out to these businesses these,are businesses that I don't control,their businesses that don't make,decisions for the businesses that I,don't own and so in some weird way my,reputation was being used for them to,profit that's just not something I'm,comfortable with I think I came to the,conclusion that my reputation is not for,sale and so starting out 2023 I'm taking,all advertisers off the audio podcast,and off the YouTube videos so I'm,essentially blowing up the business I'm,completely destroying it taking Revenue,to zero,um every single person I've talked to,said not to do this I talked to a lot of,people who run businesses own businesses,invest in companies people have run,media companies the whole thing they all,think this is insane they tell me it,won't work I am going to be personally,funding the team at a loss for as long,as it takes and so they told me that I,was going to lose too much money they,said that you can't build content,businesses without advertisers the whole,thing I just disagree I think that this,is definitely the harder path to go by,not having advertisers on the podcast or,on YouTube videos but it is the path,that I think is the right path,um and so I'm committed to building back,uh the business in a a bigger and,stronger way without the advertisers But,ultimately I think it's the right path,because I spent a lot of time talking to,people who listen read and watch I met,some of them in person I did Zoom calls,I did phone calls I talked to them over,email in the last couple of months I've,just been trying to understand what do,they find valuable what do they not find,valuable and so you know one thank you,to all those people who who helped me,kind of think through this but two is,I'm excited to get back to why I started,all this right back in 2017 I just,wanted to learn I wanted to put ideas,out there get feedback and just,accelerate my own personal learning and,then share that with others around the,world I've been able to do that at you,know immense scale and so by not having,the advertisers I'll be able to focus,more and more on that higher quality,content it'll allow me to have the,conversations I want to have with who I,want to have when I want to have them,about what I want to have in those,conversations and so now I don't really,answer to anyone it's just you the,audience the people who watch the people,who read the people who listen uh I,think that you know if I continue to,create really high quality content and I,continue to learn I think there will be,plenty of people who will continue to,watch read and listen and so I don't,really have an ask right now,um I think you know just keep watching,keep listening keep reading uh if you,guys are doing that then I'm doing my,jo

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TJ Adeshola: How Twitter Powers Professional Sports | The Joe Pomp Show #20

TJ Adeshola: How Twitter Powers Professional Sports | The Joe Pomp Show #20

all right tj thank you so much for being,here today how are you doing i'm doing,incredible man you know i'm fresh off,the,national championship so i feel i feel,really good i feel really good the,timing uh but this conversation couldn't,be better but uh it's been it's been a,pretty cool week for the for the people,that are listening to this tj before we,started uh before he jumped on the,camera he went and threw a georgia,sweatshirt on and he insisted on doing,the interview in a georgia sweatshirt he,is a graduate of georgia and obviously,georgia just won the national,championship so congrats are in order he,was at the game obviously having an,incredible time and i was super jealous,yeah i mean i i i know this is the,championship,level podcast so i figure if i'm gonna,bring championship energy i better wear,a championship sweatshirt so here we are,i love that,i love that um all right let's start,with for people who are asleep at the,wheel and do not know who you are,let's start with uh some background,you're the head of sports at twitter now,but what were you doing previously and,what are you up to now,yeah um so i,my my first,my first entry into the sports,business space was at espn i worked,on well i got an internship at espn it's,actually a y story let me give you a,little background,um,when i'm when i was at the university of,georgia i stayed there for graduate,school and we had college game day,coming to town we were playing auburn,and um,as you know college game day they start,that operation super early so i woke up,around five or six i went to the student,center which is where they were,taping college game day from and i just,hovered i hovered for two hours i'm like,i gotta find the person who's the,decision maker because i'm pull up on,them and i'm gonna figure out if i can,get an internship or a job that was my,goal so i,got up at five i went to student center,i met this gentleman named dave who,looked like he was calling the shots i,said look i've been pleasantly and,respectfully stalking the operation,you're the boss,i need to get your email address so i,can get an internship and he was kind of,taken aback but he was old school so he,liked the fact that i was scrappy and,and,then i wasn't shy about it that led to,an internship at espn which then led to,a full-time job so i started working in,the audio space audio programming with,colin cowherd mike and mike in the,morning scott van pelt radio show and i,then transitioned to our business,operations marketing group working,specifically on digital so,uh espn.com,watch espn.com which at the time was,espn3.com,and then turned to,espn360.com but we started doing a lot,of stuff in the social in the streaming,space and we started working with social,specifically we i remember creating,business plans to sell,tweets,espn tweets which was intriguing to me,so that kind of led to my curiosity,around social,i love it and that's a good point this,is kind of off script to some degree but,like one of the questions i always get,asked by people who are looking to get,into sports is exactly that like how do,i do it there's just so many people from,a uh a demand side that it doesn't fit,the supply there's just not enough jobs,for how many people want to do it and i,think that that's an amazing story,because there's so many people that have,stories like that right i think maybe,not to that level but like you're,literally sitting outside college game,day trying to find someone and bugging,them for an internship how has your,perspective on that changed like working,in sports today is there better advice,or is it still like find a way to get in,any way you can,yeah it's a little bit of both man i,mean i think what,many of us,have um,we all have the same opportunity to,be a student of the game we can all hop,on google and learn who the ceo that is,the head of partnerships over there is,but this sports face because it is so,familial it is such a a,tight-knit community,it requires intentionality around,building relationships networking um and,and identifying who,the people are that hold the keys,what i what i love now is that like when,i was coming up,there was only a few people who held,those quote-unquote keys the rooms were,really really small there was no head of,sports at twitter there's no head of,sports at,snapchat,these apps didn't even exist,but,as the industry is evolving and as the,industry is growing the face of the,leaders of the industry also changing so,there are no shortage of opportunities,for people who have an affinity for the,business of sports to find an entry,point at the time it was like television,networks and maybe like teams leagues,that was it,now you've got networks you've got,social properties you've got um,content uh properties you've got folks,working on the nil space you've got,blockchain crypto and i like the whole,nine the spaces has expanded,considerably so yeah man there's no,shortage of opportunities i think it,just requires a knowing th

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PROOF: Pomp Scammed You & Lied About Bitcoin

PROOF: Pomp Scammed You & Lied About Bitcoin

pumping pump uh proclaimed that,everyone's going to use Bitcoin,apparently BlackRock you're going to use,Bitcoin they're buying it as we speak,apparently shell BP they're all going to,use Bitcoin they love Bitcoin no one,likes Bitcoin you have to understand,this no one likes BTC Pompa nobody likes,BTC nobody's using it you're just lying,breaking news shell one of the world's,largest oil and gas companies is getting,into Bitcoin mining what am I talking,about it just came out that shell has,entered into a two-year deal to sponsor,the Bitcoin conference in 2023 and 2024.,why are they doing this well shell now,wants to work with all of the Bitcoin,miners around immersion cooling what,does that mean if you ever have been,inside of one of these data centers,where they are mining Bitcoin there are,two ways that you can cool the machines,to keep them running efficiently the,first is that you can use airflow either,naturally in a cold environment or you,can blow in air-conditioned air the,other way is that you can actually,immerse the machine in some sort of,liquid cooling that keeps it efficiently,run shell has a lubricant division and,that is what they are trying to do yeah,all they're doing is sponsoring an event,they don't care about Bitcoin they will,never use Bitcoin they're not buying BTC,they're focusing on this new innovation,liquid cooling technology didn't care,about Bitcoin they don't care about BTC,stop lying and what what makes it even,more comical El Salvador let's look at,this case study the pop doesn't want to,speak about all he wants to speak about,is the fact that apparently the El,Salvador dictator is buying more BTC he,seems to be an Applause of the fact that,the dictator of El Salvador is spending,the innocent taxation on BTC that's all,he cares about just take a look at this,case study because this is extremely,extremely comical according to the,findings by research study conducted by,the UCA University of Central America,around 77 of el salvadorians believe,that the adoption of Bitcoin is legal,tender in their country is a massive,failure moreover 75.6 of the people,believe that they have not used,cryptocurrencies this year such,development is surprising considering,the dictatorship's administration and,there's efforts in popularization of the,digital asset class the idea that the,constituting public funds to accumulate,BTC also did not sit well with,assistants there's 70 some percent of,them said such actions should stop,immediately as to bitcoin supposed,benefited making it easier to send,remittances in September 2022 report,from the Central Bank of El Salvador,revealed that only two percent of,remittances involved digital currencies,what happens sunshine to saving the,unbanked what happened to micro,transactions what happened to the,wonderful philosophical Notions of,Bitcoin BTC in which you aim to kind of,propel forward as as an amazing,innovation no no no once again this,reinforces the view batc is a load of,rubbish BTC is the coin and I said,this many many months ago about a year,ago to the state I said BTC to bitcoin I,made a video on it and nobody believed,me I got so much hate let's listen to,the CEO of JPMorgan his continued,commentary on bitcoin and crypto which,what why we allow this stuff to take,place and I think you know the regular,said beat up a bank should maybe focus a,little bit more all those things were,doing pretty well before crypto but uh,so dedicated to the easiest place yeah,but you're right but it was all what,crypto's about two percent of the of the,uh I love how we mentioned the,supposedly I think it was two trillion,dollar market that crypto got to,eventually the majority of that being,within BTC,what a load of nonsense what a load of,utter nonsense this was never a two,trillion dollar three trillion dollar,market no it was not,this is the gambling casino for the rich,there was zero dollars in reward utility,created from BTC and from crypto all it,was was a gambling casino for the rich,where many people got extremely rich by,extreme levels of luck and as the JP,Morgan CEO stated it's great for those,that want to launder money it's great,for those onto hack things and create a,back door and take money out of,Innocence to people account as was in,the case of FDX CEO sandbank and,fordster it's wonderful for that type of,stuff there are zero dollars in real,world utility created for BTC created,from crypto it's all a lie you have to,understand my friends there are people,in this game of ill incentives there are,people in this game you brought on early,who have their businesses focused around,BTC crypto in general they have ill,incentives pomp for one for someone who,supposedly is an advocate for free,speech and for someone who's supposedly,an advocate for saving Jan bankton micro,transactibility and producing real world,Innovations and utility for someone that,supposedly cares this much about Society,I think it's fairly Rich from him,actually just remember the guy

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Elon Musk suspends Twitter account tracking his private jet

Elon Musk suspends Twitter account tracking his private jet

>>> SEEMS LIKE IT HASN'T BEEN A ,QUIET DAY AT TWITTER SINCE ELON ,MUSK TOOK CONTROL.,TODAY THE ACCOUNT THAT TRACKED ,MUSK'S PRIVATE JET HAS BEEN ,SUSPENDED.,IT'S A STRANGE STORY THAT HAS ,BEEN TAKING A LOT OF TURNS ,TODAY.,FIRST THE BACK STORY FROM DONIE ,O'SULLIVAN.,>> I'M JACK SWEENEY, AND I'M A ,STUDENT AT THE UNIVERSITY OF ,CENTRAL FLORIDA.,>> THE DATA I RECEIVE IS THE ,IDENTIFIER, THE ALTITUDE, ,LATITUDE, LONGITUDE.,>> Reporter: JACK SWEENEY SET UP,ELON BOT, ALL USING PUBLICLY ,AVAILABLE INFORMATION.,>> WHY DID YOU DECIDE TO SET UP ,THIS ACCOUNT?,>> I WAS A FAN OF ELON.,HE DOES SOME PRETTY COOL STUFF ,WITH SPACEX AND TWITTER.,IT GIVES YOU ANOTHER VIEW THAT A,LOT OF PEOPLE DON'T KNOW ABOUT ,WHERE THAT PERSON'S GOING AND ,MIGHT GIVE YOU CLUES INTO WHAT ,NEW BUSINESS IS GOING ON.,>> THE ACCOUNT TRACKED UP MORE ,THAN A HALF A MILLION FOLLOWERS.,JACK SAYS LAST YEAR, THE ,BILLIONAIRE ASKED HIM TO SHUT ,DOWN IT DOWN.,>> I WAS ABOUT TO GO TO SLEEP.,I REMEMBER TELLING MY ROOMMATE, ,HEY, ELON MUSK JUST DIRECT ,MESSAGED ME.,>> WHAT DID THE MESSAGE SAY?,>> IT SAID, CAN YOU TAKE THIS ,DOWN?,IT'S A SECURITY RISK.,>> Reporter: IT SHOWED THE ,BILLIONAIRE WAS CURIOUS, EVEN ,IMPRESSED, WITH JACK'S CODING ,SKILLS, ASKING, HOW ARE YOU ABLE,TO TRACK USING A BOT?,>> I DIDN'T REALLY FEEL LIKE ,TAKING IT DOWN BECAUSE IT MEANT ,A LOT TO ME AND IT STILL DOES.,>> Reporter: ELON SAID, I DO NOT,LIKE THE IDEA OF BEING SHOT BY A,NUT CASE AND OFFERED JACK $5,000,TO SHUT IT DOWN.,>> I ASKED FOR $50,000 OR A ,TESLA, AND SAID THINKING ABOUT ,IT.,>> Reporter: MUSK DIDN'T TAKE ,HIM UP ON THE OFFER.,SOON AFTER ELON BOUGHT TWITTER, ,HE TWEETED, MY COMMITMENT TO ,FREE SPEECH EXTENDS EVEN TO THE ,ACCOUNT FOLLOWING MY PLANE.,HE TWEETED THAT ABOUT A MONTH ,AGO.,CLEARLY HE DOESN'T FEEL THAT WAY,ANYMORE.,>> YEAH, IT'S COMPLETE OPPOSITE ,OF WHAT HE SAID.,>> Reporter: ON WEDNESDAY ,MORNING, JACK WOKE UP TO NEWS ,THAT HIS ELON JET ACCOUNT HAD ,BEEN SUSPENDED FROM TWITTER.,AND IN THE AFTERNOON, TWITTER ,SHUT DOWN HIS PERSONAL ACCOUNT.,>> I LITERALLY HAD JUST TALKED ,ABOUT HOW THE ACCOUNT IS THE ,CANARY IN THE COAL MINE.,IT SHOWS HE CAN CONTINUE TO DO ,THE WHAT THE LAST PEOPLE AT ,TWITTER DID AND THEY CAN BEND ,THE RULES HOWEVER WAY THEY WANT ,FOR WHOEVER THEY WANT.,>> Reporter: ELON HAS HIS ,BILLIONS, BUT JACK HAS HIS ,GRANDMOTHER PHYLLIS.,>> WHAT DO YOU THINK OF YOUR ,GRANDSON GOING UP AGAINST THE ,WORLD'S RICHEST MAN?,>> WELL, I DON'T KNOW.,BECAUSE I'M A GRAND MA, KIND OF ,SCARY.,>> YOU GOT A GENIUS ON YOUR HAND,THERE IS?,>> EVEN WHEN HE WAS TWO, HE WAS ,A GENIUS.,HE WAS ALWAYS INTERESTED IN ,GOING IN THE GARAGE, AND IF ,ANYTHING WAS BROKE, HE WAS THERE,TO FIX IT, PUT IT TOGETHER.,AND HE COULD FIGURE IT OUT.,>> Reporter: JACK SAYS HE STILL ,ADMIRES MUSK.,IF ELON SAID, COME WORK FOR ME ,AT TESLA OR TWITTER, WOULD YOU ,TAKE THE JOB?,>> OH, YEAH, FOR SURE.,>> IF ELON MUSK IS WATCHING ,THIS, WHAT DO YOU HAVE TO SAY TO,HIM?,>> HE BETTER NOT FORGET THAT I'M,HIS GRAND MA.,THAT'S WHAT I'VE GOT TO SAY.,>> I LOVE HER.,>> I HEARD HER IN THE BACKGROUND,OF THE INTERVIEW, AND I WAS ,LIKE, JUST BRING HER IN.,>> THAT IS A VERY GOOD INTERVIEW,MOVE.,WHAT IS THE LATEST ON ALL THIS?,>> SO, LOOK, WE HAVE SINCE ,LEARNED ACTUALLY IS THAT MUSS ,SKPK TWITTER CHANGED TWITTER'S ,POLICY OVER THE PAST 24 HOURS TO,MAKE THE CONDITIONS SUCH THAT ,THIS ACCOUNT GOES AGAINST THOSE ,POLICIES SO IT COULD BE ,SUSPENDED.,AND, LOOK, I MEAN -- ,>> SO, IT'S A NEW POLICY IF IT'S,A SECURITY RISK FOR BILLIONAIRES,WHO HAVE A PRIVATE JET?,>> ESSENTIALLY.,IF I HAD A PRIVATE JET, I ,WOULDN'T LIKE TO BE TRACKED IN ,REAL TIME EITHER.,AND THERE ARE, OF COURSE, SOME ,REAL CONCERNS OF HIS SAFETY, HIS,FAMILY'S SAFETY.,>> SURE.,>> BUT FOR THIS FREE SPEECH ,ABSOLUTIST, AND WHEN WE TALK ,ABOUT SPEECH THAT MIGHT CAUSE ,HARM, WE'VE SEEN HIM THE PAST ,FEW WEEKS TEAR UP THE RULEBOOK ,AGAINST COVID MISINFORMATION AND,VACCINE MISINFORMATION ON THE ,PLATFORM, BUT WE'VE SEEN HIM ,REPLATFORM A NEO-NAZI AND WHITE ,SUPREMACIST.,FOR THIS TO BE THE ISSUE, FOR ,THIS TO BE THE SPEECH -- W

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