Elon Musk, Twitter, Dogecoin, Bluesky, and the Decentralized Social Media Race

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Elon actually did it. The gleeful jester king of Crypto Twitter—whose tweets about Dogecoin have repeatedly moved the price, whose July 2018 “pedo guy” tweet about a British cave diver landed him in court for defamation (he won), whose August 2018 “funding secured” tweet led to securities fraud charges from the SEC ($20 million fine)—now owns the company. When this story began six months ago (!) with Musk’s original $44 billion offer, I wrote, “Musk probably won’t get to buy Twitter. But crypto advocates should be cheering him on if they want to s ...

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