Jack Dorsey Reveals “Biggest Mistake” He Made As Twitter Head

Coingapestaff
December 14, 2022 Updated December 15, 2022
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Block CEO Jack Dorsey Says Bitcoin Can Replace US Dollar

Former Twitter CEO Jack Dorsey commented on the revelations in the “Twitter Files” in a blog post published on Tuesday. He said that, the social media platform made decisions that were “wrong for the internet and society.”

Dorsey declared that he was adding his opinion to the debate surrounding the “Twitter Files.” In which Musk started making public last week in order to bolster his claims. He always blamed that the previous management was biassed against conservatives.

The first section of the article outlined Dorsey’s beliefs regarding three “principles” of social media: (1) that social platforms “must be resilient to corporate and government control,” (2) that “only the original author may remove content they produce,” and (3) that “moderation is best implemented by algorithmic choice.”

“Twitter today does not adhere to any of these principles, nor did it when I was its leader. It is solely my fault, Dorsey wrote in the post.

He claimed that the biggest error he  made was continuing to invest in developing tools that would allow them to easily manage the public conversation rather than developing tools that would allow those who use Twitter to do the same. This overloaded the company with power and exposed to a lot of external pressure (such as advertising budgets).

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Jack Dorsey didn’t blame Elon Musk

Musk has reversed many of the previous moderation practices. Especially, after completing his $44 billion acquisition of Twitter in October. In addition, he has welcomed back former President Donald Trump. Earlier he was permanently banned from the website under Dorsey’s direction.

Dorsey didn’t criticize Musk in any particular detail. He claimed that after activist firm Elliott Management became involved with the company more than two years ago, he personally gave up trying to move the company in the right direction.

According to Dorsey, social messaging platforms shouldn’t generally remove content or suspend users because doing so “makes it more difficult to understand the important context and to identify and prosecute illegal activity.”

Dorsey grant $ 1 million to the Signal app

He advocated that the only way to uphold his stated principles is through the creation of a “free and open protocol for social media.”  However, that is not controlled by any one person or organization.

Matrix were mentioned by Jack Dorsey as new initiatives that may one day live up to his definition. He announced that he would be awarding grants to worthwhile initiatives. He started it by granting $1 million to the secure messaging Signal app every year.

Also Read: Twitter’s Paid Blue Tick Re-launches After Pause, But There’s Catch

 

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.