Vitalik Buterin predicts Elon Twitter To Face More Competition
Vitalik Buterin, co-founder of Ethereum Blockchain said Twitter could face more competitors as it seeks a better social media experience.
Speaking at the Singapore Fintech Festival on Thursday, Buterin said, " hopeful in the next five to 10 years there’s going to be some kind of better social media platform”.
Adding to it, he said it's can be Twitter itself, or we may see a big bump in the alternatives - we might even see both.
Twitter's problem that plagues him is how other accounts use his posts and profile to try to sell highly speculative cryptocurrency tokens that often lack operating rules.
Vitalik also mentioned that “Elon is a very high variance actor,” and he could make Twitter “really great” or “really terrible”.
Twitter could also fall somewhere in between these two extreme outcomes, Buterin added.