X (Twitter) to soon begin charging $1 annual subscription in order to tweet and interact.
Next move must be to charge users deleting their accounts $1. And Elon can sell your data to make more money.
Sounds more like a way to ID everyone on the platform. And perhaps normalize this practice for other platforms going forward.
Quick access to massive credit card info as well. Micro step to “the everything app”?
Yeah this is a high possibility.
People might think he’s just a bad businessman, but I think they’re overlooking the fact that he’s an evil businessman relentlessly pursuing his dreams of dictatorship based off of actual dictatorships… that is also very bad at business.
TIL my identity is worth $1 a year.
No, your identity is worth negative $1. You’re paying to give it away. He didn’t offer $1 to get it.
I’m gonna call it. This is an (obvious) attempt to squeak in monetization for everyone on twitter that is as unobjectionable as possible, and once everyone’s locked in the price will increase, and tiers will be introduced, etc etc., and it’s going to work. Nobody still on twitter is gonna care about $1/year to keep access. They’ll lap it up and thank Musk for the opportunity to be fleeced.
Musk could still fuck it up by being overly greedy and ramping up too much too fast like he tried to do last year (or this year? I’ve lost track), but I’d say this has reasonable odds of working out.
Elon simps are already going “lol $1 i literally paid more than that for my coffee”
and then the capitalism admirers: “I don’t have problem to pay for a good service. What do you people think? Isn’t it costly to run a good service?”
Yeah except that the spammers already have blue checkmarks. They’re already paying.
for everyone on twitter that is as unobjectionable as possible, and once everyone’s locked in the price will increase, and tiers will be introduced, etc etc., and it’s going to work.
I’m not so sure about that. The internet is littered with companies that gave away their product for free hoping users would pay for premium features. When they didn’t and the companies then had to charge a minimum entry fee for everyone, people dropped the product. There’s a barrier to putting in your credit card. Lots of people just aren’t interested.
There are also a whole lot of governmental, health and official bodies where putting through an invoice is a real pain in the bum. It forces a decision whereas previously if had been a simple business as usual process
You’re definitely right about that being the general result to these sorts of moves, but I don’t think it’ll apply as harshly to this situation. Like I said, anyone still on the site has already faced numerous insults and abuse at the hands of Musk. They want to be there despite all of that, or maybe even because of it. I do think a $1/month or something higher would be pretty likely to fail, but $1/year is such a low-level ask and will gently push the users there past the barrier to where the price can be raised higher later.
Musk wants Twitter to become a ‘platform for everything’. Having a payment system in place everyone uses already is key for that.
Not going to say that this is a good idea, but thats the rational.
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I think he’s expecting a tax break from twitter
Are we sure this man understands business?
He purposefully is destroying it to prevent the poor from organizing.
We can just organize on open platforms like mastodon instead!
Yeah we’re fucked lol
You are overselling Twitter if you think Twitter can do that.
twitter is/was not doing that on purpose but twitter had been used for political organizing and quick news spreading during mass protests in multiple countries. There are cases that it was the main means of communication of the people protesting bypassing censorship or downplay of the local news agencies.
What’s stopping him from just pulling the plug if that’s his goal?
He lost so much money, and he is badly in debt. His wealth is still on bloated Tesla stock, which he cannot sell without destroying the company value. Business genius.
A lot of us are sure that he doesn’t. He is a very skilled con man though.
Im fairly sure hes intentionally destroying twitter
I’m gonna continue my run of not giving Elon Musk a fucking cent.
Unfortunately, if you’re a U.S. taxpayer, you’ve given him a lot of your cents whether you want to or not in the form of subsidies for Tesla and SpaceX.
It isnt worth that.
It’d be real cool if folks would just stop using Twitter. You can live without it, y’all.
Musk: “can I have a dollar, please”
And he claims he’s a billionaire.
For once, the money is genuinely not the point, from any point of view.
The stated purpose, and I think it will accomplish this, is that no one running a bot network will pay this for their bots, so spam reduction.
The likely ultimate purpose is to have the user’s payment info saved to reduce friction for giving Twitter money later on.
The problem though is that they’re adding this friction on to the beginning, so as a result I think the most prominent actual effect is going to be 80% of free users (real ones) are gonna kill it then and there.
What are you talking about? Will the spammers pay a dollar to reach an audience of 20,000 or 50,000 or a million people? Of course they will.
I bet it will go like this:
- First, it’s 1$ a year.
- If X survies this, they will eventually change it to 1$ a month
- Wait a year or so
- Increase to 6$ a month
- ???
- Profit
Keep in mind that this prediction requires enough stupid people to actually stay on X and pay
Keep in mind that this prediction requires enough stupid people to actually stay on X and pay
So it’s definitely gonna happen.
As long as Musk keeps courting the right, there will be a near-bottomless supply of morons to grift.
X would like to collect a very large amount of payment information from a lot of users to then store in their incredibly mismanaged infrastructure.
Guys how would you keyword block X?
This was his plan all along, you can’t /s
Block “formerly Twitter”, it might help for a time
Blocking ‘Elon Musk’ often works.
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Free speech was never about companies hosting your content but yeah, rip Twitter
Patiently waiting for the bankruptcy of this company.
Because its safe to store your credit card info with Musk, surely
Imagine paying money to interact with celebrity shitposts when you can do it here for free.
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https://twitter.com/Corey_Feldman/
Then how do you explain this, Cory, if that is your real name!?
I clicked that link and it brought me to a sign-up page, so Corey’s story checks out.
Margots got your number Corey. Fess up.
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