Ripple CTO Slams Elon Musk, Exposing Allegedly Real Reason for Twitter Takeover

Ripple’s chief technology officer David Schwartz has stated in a recent tweet by Elon Musk, stating that the allegedly real reason is for the currently attempted hostile taking over of Twitter by the Tesla chief.

Ripple’s top executive has alleged the centibillionaire of wishing to use the social media giant to give  “better treatment to political speech that he favors.”

Read Also: 1.17 Trillion SHIB Whale Buys $4 Million in APE, $1.5 Million in SAND.

Ripple CTO’s word against that of Elon Musk

David Schwartz has responded to yesterday’s tweet by the Tesla boss, in which the centibillionaire suggested his vision of the optimal moderation policies for any social media platform.

Recently, Musk offered to buy Twitter at $54.20 for over $41 billion in cash to make the company private. Before that, he also tweeted that he was seriously considering building his own social media platform, which shows that the richest man in the world may want to expand his influence beyond the spheres he currently works in: space, e-cars, and the Internet connection.

Read Also: Ethereum co-founder speaks out against attempting hostile takeover Twitter

The majority of people on Twitter happen to support Musk and his bid to take over Twitter, however, there are many against it, with Ripple CTO being one of them.

When he was responding to the Musk tweet mentioned previously about  “10 percent on left and right” being “equally unhappy,” Schwartz criticized this idea. He stated that it is beneficial for “unreasonable people” and will “punish reasonable people” on social media.

Schwartz slams Musk for his goal of Twitter takeover

In a tweet published, later on, the Ripple CTO stated that Musk’s goal is not to create the best environment for freedom of speech.

Schwarz agrees that, in reality, the centibillionaire, as a big Twitter shareholder, is attempting to turn Twitter’s moderation policy to get better conditions for the political speech he favors and “worse treatment” for the political speech he does not support.

Aside from that, Schwartz said that Musk may have low competence about moderation issues on social media and has never spoken to anyone from this sphere.

It looks like Musk has never spoken to anyone who has tangled with social media moderation problems at all and is just listing off the top of his head all the policies that sound good to someone who does not understand the problem at all.

Dogecoin co-founder criticizes Musk’s intention to own Twitter

In a recent interview with the Ted founder, Musk stated that Twitter has turned into a global town square and that people should be allowed to speak their minds freely there. That was his motivation to buy the microblogging platform and make it private.

Among those who criticized Musk for his bid to take over Twitter has been Dogecoin co-founder, Jackson Palmer, saying that the Tesla boss is the last person who should own Twitter. Contrarily, the other founder of the original meme coin, Billy Markus, is in support of Elon Musk’s bid and goals.

  • 1445 Posts
Cryptolifedigital is a cryptocurrency blogger and analyst known for providing insightful analysis and commentary on the ever-changing digital currency landscape. With a keen eye for market trends and a deep understanding of blockchain technology, Cryptolifedigital helps readers navigate the complexities of the crypto world, making informed investment decisions. Whether you're a seasoned investor or just starting out, Cryptolifedigital's analysis offers valuable insights into the world of cryptocurrency.