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Jack Dorsey’s Views on Elon Musk’s X
Jack Dorsey recently made headlines by reemerging on Elon Musk’s X, referring to it as a “freedom technology” shortly after resigning from Bluesky’s board. In an enlightening interview with Pirate Wires, the Twitter founder clarified that he never truly departed from the platform; rather, he simply reduced his activity on it. Dorsey also shed light on his decision to step down from Bluesky, stating that it had evolved into “just another app,” a development that was never his original intention.
Dorsey’s Critique of Bluesky
In his discussion with Pirate Wires, Dorsey expressed dissatisfaction with the direction Bluesky had taken, likening it to the mistakes made during his tenure at Twitter. He emphasized that Bluesky failed to embody true decentralization, transforming into a company with venture capital backing and a governing board. Dorsey lamented this shift, stating that it deviated from his vision of establishing an open-source protocol.
“Everything we wanted around decentralization, everything we wanted in terms of an open source protocol, suddenly became a company with VCs and a board. That’s not what I wanted, that’s not what I intended to help create,” Dorsey remarked during the interview.
Dorsey’s Alignment with Elon Musk’s Vision
While Dorsey indicated his alignment with Elon Musk’s approach to X, he expressed reservations regarding Bluesky CEO Jay Graber’s management of the platform. Dorsey lauded X as “freedom technology” and also commended Nostr, a social media platform he described as a “truly open protocol.” He highlighted Bluesky’s implementation of moderation tools and user expulsion as antithetical to the open-source nature he originally envisioned.
Praise for Elon Musk’s X
Throughout the interview, Dorsey lauded the transformative changes implemented by Elon Musk on the X platform. He revealed that many of these changes were in development during his tenure at Twitter but were progressing at a slower pace. Dorsey particularly applauded Musk’s emphasis on deprioritizing advertisements in favor of subscriptions, payments, and other revenue streams.
“I had tried to get Elon on the board for some time,” Dorsey disclosed. “He obviously loves Twitter, and I’ve always loved how he used it, because he used it in a very pure form. And he would be extremely expressive on it.”
Dorsey’s Stance on Crypto and the Future of Bitcoin
Unsurprisingly, Dorsey delved into the realm of cryptocurrency during the interview, predicting that the price of Bitcoin in 2030 could reach “at least a million.” He expressed unwavering optimism in Bitcoin’s potential for exponential growth beyond that threshold.
As Jack Dorsey continues to navigate the ever-evolving landscape of tech and social media, his perspectives on decentralization, algorithmic purity, and the future of cryptocurrency offer valuable insights into the industry’s trajectory.
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