Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Elon Musk takes a dig at Twitter, Web3 and NFTs, on Twitter

Published 04/04/2022, 02:33 PM
Updated 04/05/2022, 09:16 AM
© Reuters. FILE PHOTO: Founder and CEO of Tesla Motors Elon Musk speaks during a media tour of the Tesla Gigafactory, which will produce batteries for the electric carmaker, in Sparks, Nevada, U.S. July 26, 2016.  REUTERS/James Glover II/File Photo

(Reuters) - In the run-up to Tesla (NASDAQ:TSLA) Inc CEO Elon Musk's public disclosure of a $3 billion stake in Twitter Inc (NYSE:TWTR), the billionaire had criticized the micro-blogging site for failing to adhere to free speech principles and said he was contemplating building a new social media platform.

The world's richest person in the past months has said he is a free speech absolutist, while being vocal against Web3, a term for a utopian version of the internet that is decentralized and whose commercial backbone is the non-fungible token (NFT).

Twitter co-founder Jack Dorsey and Musk, though active proponents of cryptocurrencies, share skepticism around the metaverse, NFTs and Web3, what some deem to be the evolution of the internet.

From ridiculing Twitter's new CEO to calling NFT profile pictures "annoying", here's a list of Musk's tweets and comments on Twitter, Web3, NFTs and free speech.

Date Tweet

March 15, Musk tweeted, "I'm selling this song about NFTs as an

2021 NFT." The tweet included a song with the lyrics - "NFT for

your vanity. Computers never sleep. It's verified. It's

guaranteed." The next day, he tweeted: "Actually, doesn't

feel quite right selling this. Will pass."

Dec. 1, Musk posted a meme comparing new Twitter CEO Parag Agrawal

2021 with Joseph Stalin

Dec. 2, "Web3 sounds like bs”, said Musk, responding to a thread

2021 by OpenAI co-founder Sam Altman

Dec. 21, Musk mocked the Web3 concept, in a tweet, he said, "Has

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

2021 anyone seen web3? I can't find it."

Jan. 21, In a Twitter thread calling the NFT profile picture

2022 feature annoying, Musk said, "Twitter is spending

engineering resources on this bs while crypto scammers are

throwing a spambot block party in every thread!?"

Feb. 22, Musk, known for creating original memes, tweeted an image

2022 mocking the progress of the world wide web, ridiculing

Web3.

March 5, In a tweet claiming some governments asked Starlink to

2022 block Russian news sources, Musk said, "Sorry to be a free

speech absolutist."

March 24, Former Twitter CEO Jack Dorsey said in a quote tweet, "The

2022 choice of which algorithm to use (or not) should be open

to everyone"

March 24, Musk asked in a poll if Twitter's algorithm should be open

2022 source.

March 26, Musk said Twitter failing to adhere to free speech

2022 principles fundamentally undermines democracy and asked if

a new platform was needed.

April 4, In his first tweet since the disclosure of his stake in

2022 Twitter, he said, "Oh hi lol"

April 4, Musk posted a Twitter poll asking users if they wanted an

2022 edit button. "Do you want an edit button?" Musk asked in

the tweet, in response to which Twitter CEO Parag Agrawal

said that the consequences of the poll will be important.

"Please vote carefully," Agrawal tweeted.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Agrawal

April 5, tweeted https://twitter.com/paraga/status/1511320953598357505?s=21&t=Is9i_R_hPKzFuUV5VhxUZQ

2022 Musk is being appointed to Twitter's board.

"Through conversations with Elon in recent weeks, it

became clear to us that he would bring great value to our

Board," the tweet said.

Latest comments

America is blessed to have this true patriot as a citizen. He's 100% correct on free speech. Without it, our nation ceases to exist as our liberties and freedom are being stripped away. I hope he ends up with control and fixes it for good. I've never been on twitter, but will if Musk owns it.
"Without it, our nation ceases to exist as our liberties and freedom are being stripped away"  -- funny how you only support free speech when it suits you, when other people saying things you don't like you started talking about boycotting this company and that company, this sports league and that sports league......
you didn't describe actual censorship though....
 It's my right to agree or disagree with anyone AND boycott any company I disagree with as it is everyone's right. What's NOT American is cancelling, doxing, beating, and otherwise ruining people's lives because you don't agree with them, and that is EXACTLY what the leftist fascist spinlesscrats have been doing for years. They infiltrate and mutilate our justice system to gain undeserved power.. they cheat, lie and steal to win just like china. They are no better than the communists. I would fight and die for everyone's right to disagree with me AND boycott my own company. That's what freedom requires.. for us to lay down our own lives for the rights of the worst  people to say ANYTHING they damn well please anytime they want to.. and no, that does not include yelling "fire" in a theatre since that's what you're wanting to say..
no rules for the ultra rich , but more and more rules for us
The ultra rich are allowed to buy equities too, dude.
Boohoo. Not clear if you’re just jealous of the ultra rich or you just whine about the rules.If the first one - get a life.If the second one - don’t vote Democrate and try to positively influence you’re entourage. Basically, do something with your life.
Risk Disclosure: 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.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.