Elon Musk Buys Twitter

[s_bushido]

The number of people outing themselves in this thread and elsewhere on my other feeds essentially saying ‘unregulated free speech is bad because people might lie or say mean things’ is… well really disheartening. Like on the one hand it’s vindication for me but on the other… China’s over there, maybe weibo is more your speed.

Well at least it's good to know that you're absolutely fine with ISIS beheading videos being hosted on social media. You know, just so longs as you're not "disheartened" by content moderation.

[Endus]

While holding citizenship, retaining residence is instantaneous. So that wouldn't be an issue.

No, it isn't. You need to be resident. As in, living in Canada. Not just declaring a piece of property as your residence for legal reasons. There's a minimum number of days you need to be in the country for it to qualify.

Non-profits are not companies.

That's just objectively false. They clearly are.

[Hammerfest]

Lefty Twitter users are upset not because they fear they will be banned. It’s because they fear people who don’t agree with them won’t.

[Draco-Onis]

The panic over this is extremely funny. Twitter has always been owned by the elite. This isn't new.

That being said, they absolutely ban you over ridiculous bullshit there that should never be bannable, sometimes with no reason, and an appeal process that refuses to let you talk to an actual person.

That's not going to change these platforms are so large that most of their processes are automated. It's not feasible for them to have perfect moderation and give you live support.

[Endus]

The number of people outing themselves in this thread and elsewhere on my other feeds essentially saying ‘unregulated free speech is bad because people might lie or say mean things’ is… well really disheartening. Like on the one hand it’s vindication for me but on the other… China’s over there, maybe weibo is more your speed.

If you're in favor of "unregulated free speech", you're advocating to legalize child pornography and terrorist recruitment material and threats of violence and so forth. That's literally your argument, going that deep.

If you recognize those things should be illegal, you recognize that freedom of speech must have limits, and you need to stop playing the goddamned fool and pretending otherwise.

I still support section 230 reform even if I personally like some of the things Musk says he wants to do with Twitter (open source anyone?).

1> Section 230 doesn't do what you apparently think, and the ranting about it has been incredibly stupid from Day 1.
2> Open-sourcing Twitter doesn't "do" anything. It isn't the code that makes Twitter what it is.

If you were ok with twitter last week, and suddenly aren’t today, you’ve got some soul searching to do. What is materially different now versus last week? There’s still a small cadre of elites controlling the town square. Unilateral control of the space is not a good thing regardless of who is calling the shots.

The small cadre of elites who used to own Twitter were making reasonably ethical choices.

Musk is threatening a bunch of completely unethical reforms, and he's probably just straight-up lying about them in the first place like he has about a whole host of other things; remember when he promised he'd fix Flint's water supply? Yeah. Musk says a lot of complete shit and then fucks off and does stupid rich-guy stuff.

The shift in people's opinion has nothing to do with the fact of capitalist ownership existing, but the nature of the specific capitalists in question. You're deflecting from that, and I'm pretty sure you're doing so deliberately.

[s_bushido]

Lefty Twitter users are upset not because they fear they will be banned.

Yes, and NASA is participating in a centuries-long conspiracy to trick humanity into believing that the planet is a sphere. /wanking motion

[Endus]

Lefty Twitter users are upset not because they fear they will be banned. It’s because they fear people who don’t agree with them won’t.

The only interesting element to this framing is that you demonstrate, yet again, that Conservatives think this has ever been about "agreement", just "differences of opinion".

People don't get banned for disagreement. They get banned because they're abusive and hateful. Learn to take even a modicum of personal responsibility for your own actions.

This isn't a new revelation, but it's not often one of you lays it out so blatantly dishonestly, right in the open, failing to grasp how utterly ridiculous it looks.

[Draco-Onis]

Yes, and NASA is participating in a centuries-long conspiracy to trick humanity into believing that the planet is a sphere. /wanking motion

The funny thing is Musk must also be in on it because he shows the earth being a sphere with footage of his space launches and satellites.

[Hammerfest]

The funny thing is Musk must also be in on it because he shows the earth being a sphere with footage of his space launches and satellites.

So you bought that orbiting Tesla event, huh? It's no surprise to me why Elon had a bit of a nervous breakdown immediately afterwards...

[Edge-]

WELP, Tesla shares are down 15% or so off this news, wiping out $125B in imaginary value. Poof.

As a reminder Elon Musk owns a bit less than 20% of TLSA shares in total, so (again, I suck at math so someone check me here) he may have lost upwards of $20M+ due to the stock losing value.

Does this mean that technically his decision to buy Twitter is costing him $66B now? $46 for Twitter itself and another $20M "stupidity tax" on top of it?

Oh I wonder if us stupid plebs can ever understand the 82 Dimensional chess that these brilliant billionaires play.

[jonnysensible]

So you bought that orbiting Tesla event, huh? It's no surprise to me why Elon had a bit of a nervous breakdown immediately afterwards...

amazing post. You are almost my favorite poster after orlong. genuinely believing the earth is flat is right up there. top tier stuff.

[Progenitor Aquarius]

Elon Musk needs to buy Blizzard then I will have cosmic expansion like never before!

[Edge-]

The stock slide has wiped out about $125 billion in value. I.e. almost about 4 times what he's looking to pay for Twitter.

$20B of that being his. Hence the "Buying Twitter comes with a $20B stupidity tax" : P

[Elegiac]

WELP, Tesla shares are down 15% or so off this news, wiping out $125B in imaginary value. Poof.

As a reminder Elon Musk owns a bit less than 20% of TLSA shares in total, so (again, I suck at math so someone check me here) he may have lost upwards of $20M+ due to the stock losing value.

Does this mean that technically his decision to buy Twitter is costing him $66B now? $46 for Twitter itself and another $20M "stupidity tax" on top of it?

Oh I wonder if us stupid plebs can ever understand the 82 Dimensional chess that these brilliant billionaires play.

If Tesla's stock crashing ends up scuttling this deal because it leaves Musk without any ostensible method to finance the purchase, I'll shit. Not that it would have made much difference anyway since, as mentioned many times, Twitter isn't profitable so financing it on borrowed money is *checks notes* really fucking stupid.

$20B of that being his. Hence the "Buying Twitter comes with a $20B stupidity tax" : P

Yep, misread on my part. Rofl.

Either way, Musk is a prime example of why billionaires shouldn't exist. Being able to, on a whim, waste such exorbitant amounts of money that could go to literally anything else is just... vile.

[Lahis]

Never heard of a "non-profit corporation"?

You mean non-profit organization.

Companies and corporations exists to make profits. End of story.

[Elegiac]

You mean non-profit organization.

Companies and corporations exists to make profits. End of story.

Lol, no.

https://en.wikipedia.org/wiki/Company

A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as:

- voluntary associations, which may include nonprofit organizations

https://en.wikipedia.org/wiki/Nonprofit_corporation

A nonprofit corporation is any legal entity which has been incorporated under the law of its jurisdiction for purposes other than making profits for its owners or shareholders.

You just don't know what words mean, apparently. "Company" and "corporation" are simply terms for groups of people given standing as a legal entity - it has fuck all to do with the goals of that group.

[Endus]

Either way, Musk is a prime example of why billionaires shouldn't exist. Being able to, on a whim, waste such exorbitant amounts of money that could go to literally anything else is just... vile.

Reminder that if you were born in 2500 BCE, watching the Pyramids being built in Egypt, and you took $10,000 dollars every day (or the equivalent in gold, whatever) and put it in a vault, and did that for your entire immortal life up to today, $10,000 every day, you'd still have less money than Elon Musk.

Billionaires existing is proof the economy is deeply, deeply broken.

- - - Updated - - -

You mean non-profit organization.

Companies and corporations exists to make profits. End of story.

That's literally not what either word means. You don't get to make shit up and pretend it's true.

[Hammerfest]

amazing post. You are almost my favorite poster after orlong. genuinely believing the earth is flat is right up there. top tier stuff.

The orbiting Tesla didn't look real to you either.

[Draco-Onis]

So you bought that orbiting Tesla event, huh? It's no surprise to me why Elon had a bit of a nervous breakdown immediately afterwards...

ROFLMAO, the level of confidence in that self own is /chef kiss perfect look up SpaceX and starlink.

- - - Updated - - -

$20B of that being his. Hence the "Buying Twitter comes with a $20B stupidity tax" : P

This is yet another proof that the market is stupid as well, it must be those people who buy into the fan fiction. They think Elon Musk runs 8 companies, has a dating life, plays with his children and sleeps all within 24 hours effectively.

[Edge-]

This is yet another proof that the market is stupid as well, it must be those people who buy into the fan fiction.

Stupid and almost all fictional money that doesn't actually exist unless rich people need it to exist temporarily for a loan or something, then straight back to, "Well this is just all fictional value!"

Markets have always been stupid, finicky, panicky, and irrational.