What is the rational for anything since the muskrat moved in.
Comment on Twitter / X is losing daily active users. CEO Linda Yaccarino confirmed it.
possiblylinux127@lemmy.zip 11 months ago
I’m going to pretend I’m surprised.
Seriously though, what was the rational for the name change
HurlingDurling@lemm.ee 11 months ago
Corkyskog@sh.itjust.works 11 months ago
Sunk cost fallacy. Musk has wanted to create an “internet bank” named “X” since working on PayPal. His partners never let him name it “X” (probably because it’s an objectively bad name) so ever since then he has wanted to make “X” a reality.
I think he was planning on quickly rolling crypto out to every account to make some weird monetization scheme where he doesn’t actually have to pay anyone, but then by the time the purchase was finalized the crypto market went bust and a lot of people have lost interest.
I still think he has plans to do weird stuff with monetization (based off previous remarks he has made), but we will see if it ever ends up implemented.
Dark_Blade@lemmy.world 11 months ago
Musk has moved on from trying to create an ‘internet bank’. Dude now wants to make something like LINE or WeChat, which is absolutely hilarious.