create account

Jack Dorset Claims The Future Of Twitter Is On Blockchain by taskmaster4450

View this thread on: hive.blogpeakd.comecency.com
· @taskmaster4450 ·
$39.79
Jack Dorset Claims The Future Of Twitter Is On Blockchain
<center>

[![](https://img.3speakcontent.co/psfgraaj/post.png)](https://3speak.co/watch?v=taskmaster4450/psfgraaj)

▶️ [Watch on 3Speak](https://3speak.co/watch?v=taskmaster4450/psfgraaj)

</center>

---

Jack Dorsey is a major Bitcoin maximilalist.  He is now talking about the future of Twitter being tied to blockchain.  

What does he mean by that?

In this video I discuss what Dorsey's options are and how I see this being a ruse.  The fact is that he cannot give up control (or the profit stream that comes from it), thus his options are limited.

---

▶️ [3Speak](https://3speak.co/watch?v=taskmaster4450/psfgraaj)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 315 others
👎  , ,
properties (23)
authortaskmaster4450
permlinkpsfgraaj
categoryhive-181335
json_metadata"{"tags":["leofinance","palnet","mancave","neoxian","archon"],"app":"3speak/0.3.0","type":"3speak/video","image":["https://img.3speakcontent.co/psfgraaj/post.png"],"video":{"info":{"platform":"3speak","title":"Jack Dorset Claims The Future Of Twitter Is On Blockchain","author":"taskmaster4450","permlink":"psfgraaj","duration":719.971208,"filesize":254689221,"file":"KrPxYMAYgHrIQtJzQgTueUTbQafOaIwXeRtbiejYJVhXpvTOitGFIeungjEbYZco.mp4","ipfs":null},"content":{"description":"Jack Dorsey is a major Bitcoin maximilalist. He is now talking about the future of Twitter being tied to blockchain. \n\nWhat does he mean by that?\n\nIn this video I discuss what Dorsey's options are and how I see this being a ruse. The fact is that he cannot give up control (or the profit stream that comes from it), thus his options are limited.","tags":["leofinance","palnet","mancave","neoxian","archon"]}}}"
created2020-09-29 22:35:09
last_update2020-09-29 22:35:09
depth0
children7
last_payout2020-10-06 22:35:09
cashout_time1969-12-31 23:59:59
total_payout_value20.856 HBD
curator_payout_value18.936 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length623
author_reputation5,395,746,772,917,125
root_title"Jack Dorset Claims The Future Of Twitter Is On Blockchain"
beneficiaries
0.
accountthreespeakwallet
weight1,100
max_accepted_payout100,000.000 HBD
percent_hbd10,000
post_id99,884,528
net_rshares167,213,503,807,607
author_curate_reward""
vote details (382)
@ai-summaries ·
**Summary:**
In this video, Task discusses Jack Dorsey's vision for Twitter to transition to a blockchain-based platform, particularly emphasizing Bitcoin and the challenges associated with this move. Task raises concerns about how Twitter's business model, which is reliant on advertising revenue, may hinder a full transition to a tokenized or decentralized system. He explores various possibilities including tokenizing Twitter without blockchain, using a permissioned blockchain, or opting for a decentralized blockchain. Overall, Task questions the feasibility of making Twitter operate on a Web 3.0 model due to the complexities involved in integrating blockchain technology and the resistance from shareholders.

**Detailed Article:**
Taskmaster4450's recent video delves into the intriguing prospect of Twitter's potential transition to a blockchain-based platform under the leadership of Jack Dorsey. The discussion primarily revolves around Dorsey's strong advocacy for Bitcoin and blockchain technology.

Taskmaster initially highlights Dorsey's belief that the future of Twitter lies in blockchain due to its perceived advantages in enhancing data security. Dorsey's admiration for Bitcoin as the best form of currency further underscores his proclivity towards blockchain technology.

Task then delves into the complexities of integrating blockchain into Twitter's current business model, noting that the platform's reliance on advertising revenue may pose significant challenges in adopting a tokenized or decentralized system. The analysis presents two potential approaches that Dorsey could consider: using a permissioned blockchain or opting for a decentralized blockchain.

The video articulates Task's skepticism regarding the practicality of implementing a decentralized blockchain for Twitter, especially in terms of effectively managing the transaction fees associated with utilizing Bitcoin. The limitations of Bitcoin's scalability are also brought into the spotlight, raising doubts about its ability to accommodate Twitter's extensive traffic volume.

Moreover, Task reflects on the dilemma arising from the conflicting interests between Twitter's shareholders, who benefit from the current advertising-driven revenue model, and the potential shift towards a tokenized ecosystem. The challenge lies in reconciling these divergent interests while exploring options for tokenizing Twitter or establishing a separate blockchain infrastructure.

Furthermore, Task probes into the notion of decentralization within Twitter's context, emphasizing the essential role of control in centralized entities like Twitter to uphold financial stability and appease stakeholders.

In conclusion, Taskmaster portrays a nuanced perspective on Dorsey's blockchain aspirations for Twitter, underscoring the intricate balance between technological innovation, financial imperatives, and stakeholder expectations. The analysis prompts viewers to contemplate the complexities surrounding Twitter's hypothetical transformation into a Web 3.0 entity and raises fundamental questions about the feasibility of such a transition.
properties (22)
authorai-summaries
permlinkre-psfgraaj-20240319t214328z
categoryhive-181335
json_metadata"{"app": "beem/0.24.26"}"
created2024-03-19 21:43:24
last_update2024-03-19 21:43:24
depth1
children0
last_payout2024-03-26 21:43:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length3,127
author_reputation26,223,245,018
root_title"Jack Dorset Claims The Future Of Twitter Is On Blockchain"
beneficiaries[]
max_accepted_payout0.000 HBD
percent_hbd10,000
post_id132,179,396
net_rshares0
@behiver ·
Twitter on blockchain I would have never imagined but it makes sense now that the idea has bring brought up. I still hope of an alternative to it or at least to empower users and let them be able to earn beside having everything go to the big company.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@behiver/re-taskmaster4450-rguje)
👍  , ,
properties (23)
authorbehiver
permlinkre-taskmaster4450-rguje
categoryhive-181335
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-181335","leofinance","hive-167922"]}
created2020-09-29 22:44:42
last_update2020-09-29 22:44:42
depth1
children0
last_payout2020-10-06 22:44:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length362
author_reputation374,436,927,922,862
root_title"Jack Dorset Claims The Future Of Twitter Is On Blockchain"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,884,696
net_rshares21,841,999,289
author_curate_reward""
vote details (3)
@donaldpete ·
I love as Jack is a big advocate of the blockchain but what he said sounds more futuristic. Decentralizing twitter would not work as much as he wants it. He knows this himself though. What we should do as a community is support projects with great products already. One of which is  [Changenow](changenow.io).
properties (22)
authordonaldpete
permlinkqhhpmm
categoryhive-181335
json_metadata{"links":["changenow.io"],"app":"hiveblog/0.1"}
created2020-09-30 21:13:36
last_update2020-09-30 21:13:36
depth1
children0
last_payout2020-10-07 21:13:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length309
author_reputation1,296,013,898,765
root_title"Jack Dorset Claims The Future Of Twitter Is On Blockchain"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,900,044
net_rshares0
@holybread ·
Leaderboard Vote
Your current Rank (27) in the battle Arena of Holybread has granted you an Upvote of 21%
properties (22)
authorholybread
permlinkre-psfgraaj-20200929t224018z
categoryhive-181335
json_metadata"{"app": "beem/0.24.4"}"
created2020-09-29 22:40:18
last_update2020-09-29 22:40:18
depth1
children0
last_payout2020-10-06 22:40:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length88
author_reputation11,876,083,644,116
root_title"Jack Dorset Claims The Future Of Twitter Is On Blockchain"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,884,648
net_rshares0
@nathanmars ·
I'm a huge fan of Jack and Twitter.

The problem is he can't decentralise Twitter!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@nathanmars/re-taskmaster4450-4fba1p)
👍  ,
properties (23)
authornathanmars
permlinkre-taskmaster4450-4fba1p
categoryhive-181335
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-181335","leofinance","hive-167922"]}
created2020-09-29 23:08:18
last_update2020-09-29 23:08:18
depth1
children0
last_payout2020-10-06 23:08:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length197
author_reputation336,354,946,115,368
root_title"Jack Dorset Claims The Future Of Twitter Is On Blockchain"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,884,991
net_rshares77,264,467,179
author_curate_reward""
vote details (2)
@pixresteemer ·
<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 25 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-24-and-start-week-25) just started...you can now check the winners of the previous week!</center><center><sub>6</sub></center>
properties (22)
authorpixresteemer
permlink20200929t224814869z
categoryhive-181335
json_metadata{"tags":["pixresteemer"],"app":"pixresteemer"}
created2020-09-29 22:48:15
last_update2020-09-29 22:48:15
depth1
children0
last_payout2020-10-06 22:48:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length442
author_reputation121,037,690,412,459
root_title"Jack Dorset Claims The Future Of Twitter Is On Blockchain"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,884,745
net_rshares0
@tariqul.bibm ·
While jack claim so, it demands some more value to get attention. I am agree with him. Though I don't use Twitter so much, but I have become a fan of Twitter last few days. So it's a great news for me that my beloved blockchain technology is supposed to be the future destination of my recent social media attraction: Twitter.
👍  
properties (23)
authortariqul.bibm
permlinkqhh1pz
categoryhive-181335
json_metadata{"app":"hiveblog/0.1"}
created2020-09-30 12:37:24
last_update2020-09-30 12:37:24
depth1
children0
last_payout2020-10-07 12:37:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length326
author_reputation82,452,236,751,722
root_title"Jack Dorset Claims The Future Of Twitter Is On Blockchain"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,892,781
net_rshares17,832,453,403
author_curate_reward""
vote details (1)