Twitter co-founder, former CEO, and avid bitcoin supporter Jack Dorsey has responded to Twitter’s newly imposed restrictions on the number of tweets a user can view per day.
Late yesterday, July 1, the American billionaire and CEO of Twitter Elon Musk announced, Announce it on Twitter It will temporarily limit the number of posts a user can view per day in an effort to “address extreme levels of data mining and system manipulation.”
musk from acquired Twitter for $44 billion in October 2022 stated that verified accounts are now limited to reading 6,000 posts per day, with the daily limit set at 600 posts for unverified accounts and 300 posts for new unverified handles.
However, the viewing limits have been raised twice since then, with verified accounts now allowed to view 10,000 tweets per day, while new unverified and unverified accounts can read 1,000 and 500 posts per day, respectively.
Jack Dorsey advises the Twitter team to test decentralized protocols
As expected, these new display limits prompted numerous reactions from many Twitter users, most notably from company co-founder Jack Dorsey.
Dorsey she expressed He understood that managing Twitter is not an easy task, noting that the current team is just “trying their best”.
“Running Twitter is tough. I wouldn’t wish it on anyone. I trust the team is doing the best they can given the constraints they face, which are formidable. It’s easy to criticize decisions from afar…which I’m guilty of…but I know The goal is to see Twitter flourish. It will.” chirp
In a follow-up tweet, Dorsey went further, pushing Twitter management to try to build on decentralized protocols that describe this technology as vital to a free internet space.
chirp:
“And I hope they consider building on truly censorship-resistant open protocols like bitcoin and nostr to help ease that burden. Good for everyone, and essential to maintaining an open internet.”
Jack Dorsey is a well-known advocate for cryptography and web3. After Musk and Dorsey acquired Twitter Invest 14 bitcoins (worth $245,000 at the time) to fund the development of Nostr, which operates as a decentralized social network.
Nostr works similarly to Twitter and is supported by Bitcoin extremists, although it is not built on the Bitcoin blockchain. In addition to its social networking role, Nostr is also designed to process payments on the Bitcoin Lightning Network.
How might Twitter’s new restrictions affect the crypto space?
The Bluebird app is a vital social media tool for participating in the crypto space, as it allows for ICO announcements, bounty campaign promotions, and general project news.
Although this change is temporary, one can’t help but wonder about the cascading effects of Twitter’s new view limits on its vibrant community. For now, these effects appear to be minimal, as the total cryptocurrency market cap is up 0.4% over the past 24 hours, according to Data by Coiningecko.
Bitcoin, the number one cryptocurrency, is trading at $30,534 with a gain of 0.3% in the latest day. The daily trading volume of the token is estimated at $5.91 billion, while its market capitalization is $592.76 billion.
BTCUSD trading at $30,520 | BTCUSD chart from TradingView
Featured image from BBC News, chart from TradingView