Thread-bare
The initial success of Threads is thanks to the genius marketing of Meta to use an existing database to tap into a new database that can be built with one click. Are we bored yet?
The initial success of Threads is thanks to the genius marketing of Meta to use an existing database to tap into a new database that can be built with one click. Are we bored yet?
Enter the case of MIT graduate, crypto-trader and heralded philanthropist, Sam Bankman-Fried (SBF). SBF, fairly recently, was the wealthiest person under 30, a classic media darling, gracing covers of Fortune and Forbes 400 as recently as August 2022. He had a real rapport with journalists, they say he was disarming with his swagger, casual clothing and Einstein dishevelled-ness. He was a formidable tech guru that fronted media, answered the questions and appeared impressive and relatable.
Twitter has been an explosive democracy for a while. What separates Twitter from other social media platforms is that independent creators have had a place to spruik their opinion and their work outward, far beyond their base: quickly and sometimes in real time, followed by review and debate. Journalists, politicians, authors, artists, musicians and everyday humans have had a place to share something no matter what side of politics, as long as the content was created within some fairly loose rules. Those rules were broken often and there were consequences, like when the then president, Donald Trump lost his Twitter account because he was found to incite violence on January 6th before the insurrection.
The hacking of any social media account has ramifications far beyond that one platform or that one individual. An individual may be the initial target to gain access to far reaching information, data or resources, privately or publicly. It can dismantle capability of a website or it can disrupt the power supply to a rural village.
Play it smart with crytpocurrency investment, maintain some scepticism so that hype and marketing doesn’t get in the way of a good investment.