BREAKDOWN: Can Elon Musk’s Twitter Challenge the Internet’s Advertising Model?
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 1 November 2022
⏱️ 22 minutes
🧾️ Download transcript
Summary
And is the blue checkmark payment plan less about bots and more about the model?
This episode is sponsored by Nexo.io, Circle and FTX US.
On today’s episode, NLW recaps the first few days following Elon Musk’s takeover of Twitter, including who he has fired and brought in, how the company is thinking about content moderation, a new payment plan for verification and, of course, dogecoin.
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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “War” by Enoch Yang. Image credit: Taylor Hill/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
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Transcript
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| 0:43.9 | Wondery UK. That's audible.com slash Wondery UK. |
| 0:49.7 | He seems to have an instinct that the power users of the platform are willing to pay in a way |
| 0:54.3 | that they've never been asked nor able to. It really is about a fundamentally different |
| 0:58.4 | business model for a content network than we've seen, and there is potentially a huge |
| 1:02.4 | inherent disruption there. It's not surprising to me that he's maintaining the idea that |
| 1:06.2 | it's for bots. Remember, the reliance on advertising has been called the internet's original |
| 1:10.4 | sin. |
| 1:11.3 | And holding aside any controversy that you feel about Elon, this will be one of the most |
| 1:15.1 | fascinating experiments in modern social networks. |
| 1:18.9 | Welcome back to The Breakdown with me, NLW. |
| 1:23.1 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 1:28.9 | The breakdown is sponsored by nexo.io, Circle, and FtX, and produced and distributed by CoinDesk. |
| 1:36.7 | What's going on, guys? It is Tuesday, November 1st, and today we are talking about Elon, taking |
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