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Elon Musk is thinking about making a twitter competitor. I think it is a very important development that we all need as free speech and hate speech are being threatened big time. But I of course will have to reiterate that if one cannot say mean words on a social media website then it is by no means "free speech". Lets all hope that whatever becomes popular in the 2030s allows for public use of the words faggot, nigger, etc. not because everyone should use them. but because they're 'the great filter' of censorship. if you ban one word, you have shown you will ban them all. look at twitch.tv there is no end to their word banning with words like "simp" and "virgin" being banned. it's classic propaganda to ban any word. you're trying to restrict the way people think and express themselves. which as Elon Musk says, is antithetical to what a democracy is all about.
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i still think altcoins can take a hit if BTC starts to bleed even a small bit. i wouldn't expect altcoin confidence to come back for another week or two. sure, they are green right now but it's likely that if we see a 2% bleed by BTC that alts would bleed 5%+. i think once BTC gets over 53k that changes. until then, alts are a tad more risky than BTC or ETH.
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at this point even permabears are saying we are going to trend back up. tech stocks (which have been more correlated with crypto than i would ever like them to be) are also trending back up after the omicron/fed tapering scare. generally looks like clear skies ahead. there are a few more barriers for BTC to cross before we can get too euphoric, but in general i am pretty confident that the market will recover soundly.
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looks like the market does not want to move up with ease. for some reason BTC is still under 50k despite us maintaining the 47k support for almost a day straight now. what we really want to do is get back above 52k on the weekly close which happens in less than 24 hours. if we can do that, we are off to the races. if we close below it, i still think we are fine but its just not as bullish. the fear in the market right now is not making a lot of sense to anybody. seems out of place.
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yes, ADA will recover. ADA is probably the most undervalued crypto in the top 20 along with LINK. ADA has had some problems with smart contracts. They promised smart contracts a long time ago and they still do not have them up and working. ADA is also just now looking into using rollups, which #ETH & #MATIC are already working on.
ADA will eventually get out of this rut, likely some time in the next 3 months. And the current prices will be considered probably near the bottom for the project.
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there has been proof of bots with human profile pictures on twitter mass replying to politicians to yet again push a narrative. they will have 100s of accounts that look like real people all responding to a Joe Biden tweet or a Donald Trump tweet with negative or positive feedback. all posting the same tweet word for word. "this is such a great policy!" or "this is a threat to our democracy".
in the end they're not even real people though. they're just there to make it seem like real people think that wa
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one thing i should say is i think all sites need certain "rules" (not really rules in the traditional sense) to ensure the functionality of the site.
protection against spam and bots are the main one (which bots are now over 50%+ of all internet traffic, making us a minority here). counters against spam should be written in the code itself. there is no place for a "team of moderators" on a web3 site like this. subjective moderation is not very web3 like. the code should moderate all.
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