this post was submitted on 10 Jun 2023
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Twitter is a weird one. Musk is prancing around acting like a piss poor businessman, but all that is simply to hide the fact that Twitter was doomed by the very nature of the leveraged buyout it was bought under. Twitter could never afford the $13 billion loan it took out to buy itself on Musk's behalf, it was always doomed to fail.
This in turn clears the way for far-right social media platforms. Either they step into line, or they kill them off. I really can't help but feel reddit is part of a coordinated attempt to destroy open and untampered social media communication amongst people, in particular during the build up to the 2024 elections.