PlanB Questions the Motive Behind Elon Musk’s New Twitter Rule

CoinEdition

Published Mar 28, 2023 10:42AM ET

Updated Mar 28, 2023 11:00AM ET

PlanB Questions the Motive Behind Elon Musk’s New Twitter Rule

  • PlanB has expressed concern over a proposed Twitter rule by Elon Musk.
  • From April 15, only verified Twitter accounts will be eligible to be in “For You” recommendations.
  • The upcoming Twitter regulation could imply a huge security risk for users.

The anonymous Twitter character with pseudo identity PlanB has expressed concern over the proposed new rule by the social platform’s CEO Elon Musk. PlanB, who tweeted in response to Musk’s new proposal, questioned the justification of the CEO’s stated reason for initiating the new condition.

In an earlier tweet, Musk told the Twitter audience that starting from April 15, 2023, only verified accounts on the platform will be eligible to be in “For You” recommendations. According to Musk, the reason for the new setting is to address the issue of advanced AI bots that may take over operations on the network.

Musk described the current situation with the bots’ invasion as a “hopeless losing battle”. He also noted that, for the same reason, Twitter users would have to be verified before they can vote in polls.

Considering the proposed new rule, PlanB expressed fears over what would become of anonymous Twitter accounts like his. He complained that the implication of the new regulation could lead to losing his account, which currently has over 1.8 million followers. According to him, the upcoming adjustment is more about control and not necessarily about fighting bot swarms.

To push his argument, PlanB asked why payment on Twitter was not done with an anonymous payment option like Bitcoin. He warned that the upcoming Twitter setting could imply a huge security risk for users, as the personal information of users will be at risk of being hacked.

Some other Twitter users responding to PlanB’s tweet aligned with his opinion, suggesting that in addition to having control, the new rule is motivated by revenue generation. Others called on Musk to address the concerns raised by PlanB, noting that losing anonymous accounts could be costly for the social platform, considering the traffic they command due to their ability to speak truth to power.

The post PlanB Questions the Motive Behind Elon Musk’s New Twitter Rule appeared first on Coin Edition.

See original on CoinEdition

Get The News You Want
Read market moving news with a personalized feed of stocks you care about.
Get The App

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Sign out
Are you sure you want to sign out?
NoYes
CancelYes
Saving Changes