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Twitter's drastic measures: CZ criticizes Elon Musk's decisions

Mon 03 Jul 2023 ▪ 3 min of reading ▪ by Mikaia A.

If Elon Musk continues with his unilateral, often controversial decisions, he may have to face more than just Mark Zuckerberg in the ring. CZ, who has been up in arms about his decision to limit the number of tweets users can access, wouldn’t be afraid to face him either.

Photo of Elon Musk and CZ, Twitter logo

CZ disappointed!

Elon Musk promised to revolutionize Twitter when he bought it last October. The opening of the bluebird social network to cryptocurrencies was greeted with joy by crypto-enthusiasts.

However, many of the changes introduced by the new boss did not go down well with the Twitter community. The recent temporary limitation on the number of tweets users can see, for example, was the source of controversy.

Not even Binance boss CZ could hide his disappointment.

CZ’s reaction to Elon Musk’s recent decisions

Elon Musk is doing “a good deed for the world”.

Elon Musk’s announcement regarding tweet limitations

Note that a few hours before Musk’s tweet, the number of visible tweets for verified accounts was set at 10,000 messages per day. For new, unverified accounts, it was limited to 500.

Elon Musk’s initial justification was his fight against data scraping and system manipulation.

Last Friday, he said:

“we were getting data pillaged so much that it was degrading service for normal users!”

What kind of “data scraping” was he talking about? Some suggest that Elon Musk is accusing the companies behind ChatGPT (Open AI) and Bard (Google) of plundering data from his hard-won social network.

Elon Musk fights social network addiction

For this ex-Dogecoin promoter, we now need to “step away from the phone”, “see our friends and family”…

As for CZ, he has received a proposal to buy Twitter. But the latter has declared that he is running out of money. The SEC has reportedly restricted Binance’s access to its portfolios.

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Mikaia A. avatar
Mikaia A.

La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.