If you are the #mastoadmin of a #Mastodon #instance that is more profitable than "hundreds of millions of loss every year" then congratulations, you have a social media platform that is more successful than Twitter.
@selzero the success of twitter has never been measured by literal profit, though.

@mudasobwa

Agreed. Twitter was a huge pyramid scheme, that ran for over a decade, taking from later investors to pay previous investors, and in a very unprecedented turn of events, one person at the bottom ended up making the whole pyramid walk away in profit.

I think it is historically one of a kind.

Apparently now it is going to be a bank where you can get a date.

@mudasobwa

#It's been like a #BigGame of #PassTheParcel; except that #SpaceKarenX has been left #Holding the #TickingTimeBomb...

#WhatAGenius...?!

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@selzero well, frankly I did not mention money at all. It’s all about public opinion meddling.

@mudasobwa

Although there is a narrative that Twitter is influential in global movements, I don't believe it is as it is exaggerated as it is being made out. I was in Istanbul during the Gezi period and Twitter was basically DNS blocked the whole time, yet the western narrative was that it was somehow having a big impact.

The other side of this coin is, other than the infamy, Twitter gains nothing from it. It doesn't convert monetarily or otherwise.

I think it's the myth behind the valuation

@mudasobwa

I mean, UBER does the same, but it is doing it to beat out competition. That is normally the point.

For over a decade Twitter did it and still lost to TikTok / Snapchat etc.

The only mark has only ever really been investors.

@selzero I doubt anybody cares about other countries let alone Europe/Asia; the targeted impact is all about the USA.

@selzero @mudasobwa
Our CEO this morning told us that space karen is a genius because he'd secretly bought the bird site purely to train his new LLM by getting unfettered access to twitter's feed, thereby making it the most up-to-date and therefore best 'AI' so far, and this, QED, justified *everything*.

Raised eyebrows.