Elon Musk’s X vision, Crypto trading coming to Twitter🎙

Recorded: April 19, 2023 Duration: 0:50:10

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X Corp. What's it all about? Acty there?
I don't know, I visited the ex website and there's just one ex there.
Oh, I think there are some problems.
Yeah, I think Noah's has someone, some technical difficulties. Oh, can you hear me? Yeah. Initially when the news came out, of course, my fellow millennials and Gen Z's who read headlines and draw conclusions, were like Twitter is rebranded to X-Corp, Twitter's that
It's over. Guys, you get to get some more context before you draw out of such conclusions. It's very bizarre to me. I have friends that literally will read me a headline or rather will read a headline on IG and they'll message me what their conclusion is.
And then I go and I read the fine print and I realize this is more to it than that. A lot of these so-called journalists are trying to grab your attention by writing out click-bady headlines. So I guess the whole thing with Twitter is that it's now
conducting business as X-Corp. Twitter is obviously still there. We're on it right now. We're having a broadcast. Although I don't know how much better the space experience has gotten as a result of the export acquisition. I think that now it's a bit clunkyer. I've tied the clunkier. I'm just being facetious. Do we have some speakers that want to come up? I see
people on the crowd. I'm just gonna invite folks. Don't be shy. I see some people. Yeah, I was trying to send invites to people, but I think, yeah, you kind of nailed it in the head. Like the invites don't come up. So I've tried sending it from the main account. I've tried bringing Rambo up. I know he
She's supposed to be a speaker and I see Marco and the audience probably wants to come up But yeah, maybe you have better luck and you know offering people some people I think we finally got Rambo up guys try to request if you want to come up I think that the whole the whole X-Corp thing
is just the first step towards Elon's vision of an everything, of an everything app where people cannot just tweet their favorite food, but also book flights to different parts of the world using crypto and tweet about where they're at.
to their friends once they arrive at the destination. It's one example. I think this is just another... I feel like anything that has to do with Elon or Twitter just gets blown up by every single news outlet. If a normal person had done that, like if a normal person had just
changed the ownership of a company like in this case Twitter has been although I guess Twitter did email its partners saying that it has been renamed XCorp but I mean it doesn't look like it here it still says Twitter so I don't know if anyone has Rambo welcome to the panel sir I don't know if anyone has any other context or any more
context. Hey, what's up guys? Thanks for letting me up. How you guys doing? Pretty good, man. What are your thoughts on XCorp? AKA Twitter now. I feel like they they vary. I'd love to see it see it kind of go in effect. But
It's quite interesting. Elon loves an X, right? That's the first thing I thought about. He loves an X. But I think it's a cool concept if he can kind of execute it properly. It's have everything in one app. It's kind of, it's kind of crazy, but there's an
anyone that can pull that off the table right? Yeah no doubt. I've been I've been waiting to see improvements in Twitter and I feel like Twitter is kind of as gone worse as an app. But maybe this is the first step in the right direction. How do you guys feel about it?
I don't really care honestly. He can name it whatever he wants. I think people give you long way too much attention and he loves it. I don't blame him. I feel like most people love attention. So, you know, he tweets something and everyone either loves it or hates it, but the result is that there are people going
crazy people going nuts. So I think, you know, under depending on the publication that you read, you kind of get where they stand up. I've said that I've read that people think this is going to be a big but brother type app or it's an everything app, right? Everything's included so much data.
that's being collected from the end user and what's going to be done with that data. It's compared to WeChat in China. So I don't know. I think that we still have the option of using other apps and I'm not typically keen on something that is all in one unless it's really making my life a lot easier.
Did you guys see what's that app that everyone's talking about that I saw today? Blue sky something like that
No, what's that about? I'm not too sure. It's like social media that decentralized one and it's like invite only I see a bunch of I Don't have been invited myself yet. I reached out to some people to see what it was about, but it's yeah, it's supposed to be like a decentralized
kind of Twitter but people just been using it kind of lock in user names I saw a bunch of people on crypto Twitter lock in in their like user name I'm still trying to dig a little bit to see what it's about but I saw it kind of like pop up today and a bunch of my feeds
Yeah, I've seen a lot of these social media apps. He's the decentralized social media apps pop up on and web 3 lens protocols and other one. I don't know how much is going to stick I think that the the juggernaut web 2 social media
platforms and companies have that first moves advantage they have a big big portion of the user base and most of that user base doesn't even know how to interface with Web 3 so Web 3 kind of needs to speed up the UI improvements and make this stuff seem seamless to interface with before people actually come on over
and bring you that. What's going on Marco? Hi Noah. Welcome. Hi. Welcome. Thank you. Just on the blue sky, the centralization bits is not the thing that stands out for me. I think this sort of plays a little bit to, you know, on the
exhibition. What I like about Blue Sky in particular and I've had a early beta tester, I'll be upfront about that, is that it interacts with other social platforms. So I've got one platform and I can feed in from other platforms
to my one platform. Because if anyone's like me and I do business internationally, I have more apps than I can count. And it's just a pain in the backside because everyone uses different accounts. And I know this seems like Zapier, but you know what, if I'm in China for example,
all the certain apps that I cannot use. So that's a big plus for me, but as I said, I touched on it, links with Elon Musk's exhibition and I said this probably about a year ago actually. It did not surprise me when the talk of Twitter was coming about him purchasing it. I said, why would he not build
the Western equivalent of WeChat. And I'm a big fan of WeChat. I use it all the time when I'm in Asia in particular and I use it in the UK at currently but I still use it now. You know, it's what I term as a super app. I can do absolutely everything on that one app.
and it goes back to my point that I blew sky. We have so many apps that we're all using, where's my audience, etc, etc. I can have just one super app and I can aggregate everything into it and I can do all my shopping, video games, marketing, e-commerce,
you know there's a B2B business, there's a B2C business and of course I now have the ability to use a digital one so I can use CDBC, I can use Fiat currency. I for me, I think Elon's vision is to build the Super app, it probably gets even
more meteor with the fact that he's now doing this AI piece which actually leads me to a slight concern in that Twitter could be the greatest LLM ever created because we would all be feeding into that one piece of AI but I'll as a dystopian view I'll leave that one there.
Yeah, so Marco, let me ask you this. What do you love about part from just being able to do everything on it? What about we chat is that you love so much as a smooth user interface? I would love to know a bit more about your experience using the application. Yeah, so it is smooth.
than easy to use. The UIUX will not be surprised because things like TikTok, again, it's easy and smooth, seamless, it's quick. I'm not a millennial like you know her, but I still suffer from, if it doesn't happen in the three
friends, then I'm off. But again, it's for me fundamentally, I can use, so when I'm in China in particular, I can use one app to do everything. I don't have to use lots and lots of different apps. If you just think about it, I'm
in the UK currently. I have to use WhatsApp, Telegram, Signal, I message. That's just four that just off the top of my head. There are many, many more applications that I have to use. If I can aggregate it all into one place,
I as a consumer, as a user, that's just cutting down the friction and making it seamless for me. So I've answered probably two questions there, but it's just a simple answer now is everything is in one place. And I as a human being, I just want a simple life.
So X Corp is gonna be to Twitter is let's say meta is the Facebook do you think that do you think so with with meta I guess it to me they have Facebook and Instagram
Do you think that X Corp will have Twitter and then other apps or do you think that they'll just take Twitter and build it out where it is pretty much comparable to WeChat if not better?
This is a question for the panel. See Motive Elliott and audience. I'm gonna try to bring him up.
I don't know, any news article I read, I mean there's not too much information out about this, but it is fun to speculate. I've not seen any improvements in Twitter, just the Twitter app itself since Elon took over though.
I think it's a thing. Hey, hey, Marco, I was just going to say like I choose to be optimistic about it. You know, I think it is the first step towards the super app, super whatever. And for Marco, like I get this point, you know, if you get a super app, you can do a lot more on
it's great, but if you're just looking for something to aggregate all your messaging apps, there's already like what two solutions out there, you know, we, this is what we talk about all the time, you know, if you're creating an app, when the messaging app, you know, and you want to be the next blue chip of social apps,
It's not very easy. It's the same thing with gaming, right? It's not easy to create something fun and have people play at the same with the apps. Like, if, yeah, if it's a nice aggregator, people will use it. But in essence, they're still using every other app and just aggregating this, you know, but to create like
a super Twitter or something that has people there and has people wanting to engage on a new platform because it's offering new stuff. It really has to be that super app. It can't just be a simple aggregator. It needs to bring some new value.
I know I agree. I think I kind of agree. I think the new value for sure, but I think the new value is what Marco was highlighting about WeChat, just having this robust application that lets you do everything in one place as opposed to having a sift from one
app to the other to the other. Although different apps offer you different benefits, right? I don't have the same experience on WhatsApp that I do on Telegram. I use Telegram for certain things that I wouldn't use Signal for. So, yeah, it's the same with
Same with making payments. You might use Zell in some cases. You might use PayPal and others or you might use it on Moan others. I don't know. I don't know if Americans specifically are other Westerners are ready for Super app, but Marco is a Westerner and he loves WeChat. Motobally.
Hey Noah, hey Marco, hey, acty, what's going on everybody? It reminds me of when Facebook, like a couple years ago, they had a whole suite of apps that they were playing around with and just trying to, you know, see if they would work or see if they would stick. And one of them I remember, I don't know if everyone here remembers this. Do you
And we remember a Facebook paper. It was like an aggregated version, really smooth UI. It was like a reader version of the generic Facebook. And it was like an attempt to make it feel like more like a magazine, like you're kind of
flipping through like a reader, like a digest versus like a like a newsfeed. And I remember loving this app, but it didn't get traction and they killed it. So I think what Twitter could do is they could use this as an excuse to experiment with different formats off of Twitter so they don't have to
you know, muddy Twitter up with a bunch of features and then kill them if they don't work it I think it allows them the freedom to Try a bunch of different types of apps and see if they work and then if they do work hopefully maybe integrate them with the rest with the rest of Twitter which would which would probably be the right strategy for social
Sorry, I'm always in connection issues Sorry, did you guys hear me? Yeah, yeah, I did I'm just having some connection issues. I think I'm lagging out
Yeah, we can hear you all right.
I think he's wrong. Me not. Yeah, I don't know if you can. Can you guys hear me? Yeah, we can hear you. So anyway, I was saying this point. We went about Facebook paper. I was just saying something about Facebook paper, which was this standalone app. I don't know if you heard me what I was saying about it.
it or if I just like yeah I get it I get it so basically you're saying like he's like Elon's taking the the approach where he's just adding some modules without messing too much with Twitter you know and it's a smart way of going about it right exactly like Twitter becomes like the legacy app and then they can
branch off, use the login, use some of the social graph, port that over into different apps, and then experiment with video, experiment more with spaces, and then keep them around or sunset them and then build the features directly into Twitter one day. I think that would be the strategy.
Well, he's got to generate revenue, isn't it? You know, that's the fundamental number one thing that he needs to do is to generate revenue. So he isn't going to generate enough revenue based on Twitter as it is currently, right? That's history shown that, right? He's been in, he's been in place.
our revenues have gone down, etc. So he's got to come up with new ways of applications and just something that Noah touched on, I was just reflecting. You know, if you think about why WeChat has been so successful in Asia,
in particular or any app it could be in South Korea, Kakao, you know, whole host of them is because Asia Asian culture is typically mobile first and we haven't been mobile first in the West but I would say certainly over
over the last five years, I think we are becoming if we're not already, I've never looked at the data mobile first. So the time for a super app probably is about now. So it would be a smart move to make apart from the fact fact
he's got to try different verticals now to generate substantial revenue because he can't keep losing money as he is doing so now. Do we think he would use a form of crypto in app?
Absolutely. Why would he not? It just to me, it just makes all, it makes perfect sense. It makes absolutely, how do you monetize? And if you can, if you can be first to market with a crypto in an app, in the West,
I think you could be on to something. Yeah, there's a few ways that he could, he's obviously trying to compete with WeChat, obviously in a way, right? I think there's a few ways that he could come
to have success with it. This way I think he can focus on obviously international markets and I think even having stronger privacy and security measures and then obviously he's going to be leveraging the existing user base, like he already acquired Twitter
And it's got a significant user base, you know, so this new platform could capitalize on on that hugely by integrating all the new features and services already existing and kind of retain, you know, people are like no set earlier, you know, he hasn't seen anything new with with Twitter.
Twitter or anything fixed and C came on, but maybe this is what he's planning on doing, right? Not really making no, not a lot of noise with Twitter at the moment. And then obviously he's got this big clan that he's working on.
I look at it like this one, but I wouldn't say he's necessarily competing. I get the point you were trying to make, but just to clarify, he's not competing with WeChat because WeChat just doesn't have the coverage in the West because of all the reasons that we know. I think he's replicating
I think we chat. And if I was in issues, I'd be thinking why would I not do exactly the same? And I just look at it, unfortunately this is me in my line of work, I just tend to look at it from a purely capitalist perspective. Twitter, last time I looked at something like
the $450 million users. We chat has 3 times that, has 1.3 billion users. So again, if I was in your shoes, I'd be looking at it going, "How can I grow my revenue?"
streams, well the easy way of doing that is to get more users. So how do I get more users on? I need to build in more functionality, more uses and to the point about crypto, crypto would onboard a huge proportion of people but also you know
he would be taking the cut from that, but I'm also looking at it a little bit more mediums along. Right? Whatever people say, I would argue CDBC, certainly in the USA, is coming. I'm sorry guys, I don't mean to be a Debbie Diner for all you decentralized Maxis,
CDBC is coming in USA. So if he can position himself to be first to the market or that maybe the only act in the market that is utilizing crypto payments when CDBC goes live, he is in pole position. Absolutely pole position.
And when you say pole position, you're obviously talking about a tarry.
You know how I always take it off. I had to throw it in there. I love that take though.
Yeah, yeah. Let me go off and I'm going off night to play calm.
I love that Marco. No, I think I think you pretty much nailed it there because with like just thinking about what Motivelli was saying like he could be building something crypto centric on the side and we wouldn't know right if it's just like a small module
that he's going to add on to X or something. And I mean, he's already foreshadowed this. He's a hard shilfer for Dogecoin. He changed the Twitter logo to Dogecoin. So it's not like the signs aren't there, right? So people expect it. I guess I'm
The thing that intrigues me is like, how is he going to do it? Is it? Because yeah, if you only allow CVDCs and all that, but I think Marker, like you're pretty spot on because he's just going to position himself in the best way possible to be whatever compliant and all of that and just capitalize on
the full market and whatever services come along with the CBDCs and you know people would just use X to transact or I don't know whatever send money across and all this so it should be interesting to see. It's also a way to go ahead Marko sorry.
No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no,#
not having to ruin Twitter like going back to this idea of like what what what else could come off of Twitter and building these little these little groups these these many teams to to kind of solve these bigger problems and to test it because I'm sure the whole
You know, after the acquisition, a lot of people left, a lot of people stayed, but it's primarily been Twitter-focused and feature-focused and like, you know, Noah was saying, like, we haven't seen much evolution on Twitter at all, except for the subscription stuff.
Yeah, I'm sorry I was having some difficulties earlier. I don't I don't and this is something that we discussed we did a we did a space called Twitter the next great super app back in November I think it was it was a four and a half hour space if I'm not mistaken and We kind of at the time
or at least I kind of at the time was saying, "Hey, let's wait and see what happens." I know that Elon is trying to focus on hiring software developers. Hopefully going to be more robust apt away that the telegram, for example, experience feels to me. And now we're
thing but six months out and they're I mean to me it's kind of gotten worse honestly from a user experience and for example if I'm friends with Marco on Twitter and if I go and type Marco in my search bar instead of his name coming down
up, it just shows me a bunch of random macos. I need to go to my messages and then search for a maco to find this name. I don't understand why something as simple as that isn't more user friendly. I don't remember it being like that before actually. That was something that I recall perfectly in the past
being able to type Marco's name and because I'm friends with Marco on Twitter, the algorithm would show me him before all these other random, like Marco Rubio, all these other random, marcos on Twitter. So the space experience is pretty much the same. I know these things take time, but it's
It does seem to me that there hasn't, maybe the improvement is going to all come out at once as opposed to incrementally over a period of a year or two. Yeah, I guess there's not too much on X-Corp yet. We just, we kind of just pick this topic on the floor.
and I figured we'd go with it. Elon, as I mentioned earlier, is a polarizing figure and so it's interesting to see what he does. Go ahead. He mentioned it too, I think, when he acquired Twitter, he did a space with some of his
and he mentioned it was very specific about WeChat and this everything app. So I think that now he's just like starting to implement some of the strategy with the way that he sets up the company. But I think he's coming after it. I think he's going to try to replicate the success of WeChat for sure.
Anyone know how many employees are left at Twitter?
I'm a big fan of all we need we need we need to
Let me see how many employees. It seems like most of the articles I read about X-Corp and E-Liner negative though. I think the mainstream media does not like them at all. You think it has to do with the crypto side of it? Or is it just
Yeah, I think he's non-conventional. I think he's a non-conventional billionaire, non-conventional public figure. He doesn't really play by the same etiquette that other people play by A.E.E.E.E.E.E.E.E.E.E.E.E.E.E.E.E.E.E.E.E.E.E.E.E.E.#
I don't want to get this, like, make us get political or anything, but I mean, I'm sure there are a lot of reasons I don't like them, but I think one of the reasons a lot of these
politicians who were at BFF's with Trump started to not like him overnight was because he kind of called everyone out on their bullshit and didn't act like a politician the way that you're supposed to have a politician. Anyway, don't talk about Trump, don't talk about Elon. I think Elon kind of the same thing. He doesn't
He doesn't play with, he doesn't play by the same etiquette that a lot of these other juggernaut, like a billionaire juggernaut to do. It's kind of like a kid in a candy shop. And I think that people don't particularly like that. Okay, so
Since Musk take over October, Twitter aggressively slashed a Ted Calent from around 7500 employees to 1800. So I can imagine that is a significant drop in a number of people actually making sure they
is working the way it's supposed to. That might be why we've seen a bit of a regression, but hopefully they again hopefully they are able to rehire a strong software developer employee base and start building this thing up.
I also don't need to leave this one open for too long. This would be a shorter aquarium. I feel like a lot of people are hungover from NFT.nyc. I know that I'm not particularly hungover because I didn't drink or party, but I know that if you're at these conferences networking hard, then they
there's a bit of fatigue and you kind of want to, especially crypto twitter, you want to lay off for a few days and really all n@t.nyc is, these after parties, it's like crypto twitter but live. Consensus next week as well, we'll be going to that. Well point talk is going to be going
and most of these big conferences going forward. So if anyone's out there, give me a holler. What's up, Motivelli? I was just going to say the Jack Dorsey Blue Sky project is going to come out soon too. So this could be a good timing for X Corp to have that little race.
new Twitter versus old Twitter if you want to call that. I believe Blue Sky is supposed to be like a decentralized version of Twitter. It's supposed to be the fixed problem of Twitter that Dorsey saw, but who knows. But it could be a fun little
little battle. Yeah, how do you capture that user base? That's my question. How do you capture that web to user base when web 3 is not that you can interface with? I don't know. I know they've been working on it for quite some time, maybe over a year. And it's supposed to
be decentralized, but as we know, not everything needs to be on chain, so it could be this split 70/30 where you're just doing transactions. I know he's a Bitcoin maximist, so there's a Bitcoin play in there, I'm assuming, but again, just total speculation.
Yeah, that'd be super cool See Yeah, so I mean what what do you guys think you guys think that Elon's gonna be able to pull rabbit out of the hat with this one or
is this going to be his first big W. If he listens to the users when it comes to spaces and how everyone's bullish on spaces, I think that there's potential for it to be really good.
I think we haven't seen movement on spaces in terms of the feature updates, upgrades, even the little things like rouging and connecting and the way that you move through it. If you did 10% of what people wanted in spaces, I think it would be a good step forward.
Yeah, no doubt. I don't know why spaces is not, or rather, I don't know why he wouldn't focus on spaces. I think he knows well aware of how powerful of a tool it is. He's hopped in the number of spaces and tweeted positive
of things about them. I'm actually sorry, it's why you include your mic. I think because we're in space is all day long and we use crypto Twitter and we use it as a tool for networking and all this, we kind of missed the whole point of what the average user uses Twitter for.
I don't know if there's statistics or something, but I don't think like a huge number of Twitter users actually, you know, go on spaces more than once a week or something like that. I'd be curious to see some of those statistics, but I think that's the main reason why he doesn't focus on it, you know, because yeah, sure, we're sitting in space.
basis with hundreds of people, thousands of people, you know, every day. But those thousands of people are just like a very small minority of the super big, you know, user base of Twitter. So maybe the agents don't see it as, you know, such an important piece since people don't use it as much, you know.
And I also wonder if it's going to move further away from news. Like before he acquired it, they were really positioning Twitter as like a breaking news platform. And you know, the types of journalists
and the institutional journalists, they've kind of given up on it as this idea of just linking out blind articles without people actually reading it and click BADY headlines. So I think he's going to move it more into
utility, weChat style, user to user/anertainment. I'm sure news will be there, but I don't think it's going to be the highlight. We've known Twitter to be like the last 10 years.
What happens if Twitter just becomes something else entirely and there's no longer well I feel like Twitter is always gonna be kind of breaking news type content right I don't think that
level go away, it's kind of the ethos of what made Twitter great. But what happens if it starts to become, I don't know, too developed, too super? Does it lose that, does it lose that uniqueness to something else coming to
place it? What is this blue sky? I'm trying to find more information about it. It's all on chain. It's supposed to be a decentralized blockchain-based social media application that is Twitter 2.0.
Correct. It's supposed to be an open source or decentralized version of Twitter as its root, as its bare bones. Oh, it's already on the App Store, huh?
interest sign.
Open Source decentralized alternative.
cool. We will do this on that next week. This is another episode of the Aquarium or weekly Citratics style panels. We didn't have a big turnout this week. Again, a lot of it has to do with the NFT.NYC fatigue and people traveling for
that conference and no consensus next week. A lot of people are heads down getting ready for that. I never feel the need to keep things open longer than they should be open for. I feel like we've got our points out. It's okay for things to be short and sweet. I don't know if anyone has any closing thoughts, active, if you have any closing thoughts,
but I'm okay with wrapping it up here. I think there's not enough information about X-Corp yet. It's fun to speculate. I personally hope that Elon, you know, whether you love him or hate him, I don't really care. I mean, I'm more on the "I Like Elon" I think he's done some awesome things and I hope that he succeeds in
making a wechat type application that Westerners use now. I don't know what that means for data privacy. I don't know what that means for the other. I mean, we'll always have other options here in the West. I hope so. We'll always have options to use WhatsApp.
or telegram or signal or whatever else or you know a number of the different flight booking platforms like Google flights or Expedia or hotwire. So as long as the options are there then I think that having a super app if people want to use it they can't if not they don't have to use it. It's pretty cool so I'll be succeeds in making Twitter exactly
that hope space has become this really kind of this really robust user experience where I can host spaces from my computer. I can use my professional mic. Maybe I can even share video and the potential, the gold mine that they're sitting on, I'm sure they have
to be aware of how powerful this tool is. So hopefully they develop it out. And yeah, that's kind of it for me. I get it. I don't know if you have any closing thoughts for the fellow panelists and for the audience, but it's been a good one. Yeah, there's, it's like you said, there's not much information. We're just speculating here. I'd love to see
So I mean like you Moroveli was saying to you know it's easy to even think of cool features to add on top of it right not not just short I mean make it make it work first but then you know just off the top of my head and I can think of 10 cool features you can add and you know people people will enjoy it for sure and especially that shrug and
that he's mentioning, right? So maybe his positioning himself in a spot where he's ready for a CVDCs, maybe he'll have this nice add on to Twitter and then include Twitter and whatever this new X thing is, merge it all together and put something super cool.
I think we'll just have to wait and see. It's like you said, he's super non-conventional. Even thinking about it, it could just be something different altogether. Something we haven't thought of and maybe it's just... He's done some pretty cool stuff.
I'm gonna be optimistic for it and maybe like I said earlier, this is just the first step towards that nice super app and we'll be able to send money to each other, we'll be able to book flights, we'll be able to book hotels, you know, keep our schedule and all of that and just have everything linked into one beautiful place but we'll see.
I'm excited for it and sure, like you said, it's been six months since we started this wishful thinking campaign, right? But I think we're going to get there. He's going to do something cool. I choose to believe that because otherwise it's...
It's going to be tough. It's going to be where are we going to hang out, where are we going to go to these decentralized spaces, or decentralized apps, which ones, and then every time there's this sort of decentralization applications and has to do with blockchain or web3 or whatever you want.
to call it, there's going to be some element in it where people will try to make money. Will people will try to be a little bit, I don't know, just very creative in how they use it, sort of trying to extract value from one another. So I don't know, I think perhaps a
a web2 application that's really good at what it's doing migrating towards the web3 space could be better than something that's just build up to be sort of like a financial tool in a way. But we'll see. We'll see and I'm keeping up my optimism.
Yeah beautifully put acting two important points or I guess the most important point is it has to give it has to solve a problem that people don't realize they have and I think Elon is very good at doing that and he's had tremendous success previous companies so we'll see what we'll see what he pulled
out of the bag. We have coin talk community. Thank you for joining today. This is another shorter but still sweet episode of the Aquarium or socratic style discussions or every Wednesday at 4pm ETC. And remember everything you hear on this broadcast meant for educational purposes only. I think it's financial advice. So be safe out there and we'll see you all in the next one. Take care.

FAQ on Elon Musk’s X vision, Crypto trading coming to Twitter🎙 | Twitter Space Recording

What is X-Corp?
X-Corp is the new name for Twitter after a recent acquisition.
What do some people think about the X-Corp rebranding?
Some people think that it is a first step towards Elon Musk's vision of an all-in-one app.
What is the Blue Sky app?
The Blue Sky app is a decentralized social media platform that interacts with other social platforms.
Why do some people think that X-Corp may be a 'big brother' app?
Some people believe that X-Corp's all-in-one concept will lead to a lot of data collection and privacy concerns.
How do some journalists write headlines to grab attention?
Some journalists write click-bait headlines to grab attention.
What is the first moves advantage that web 2 social media platforms have over web 3 platforms?
The first moves advantage implies that web 2 social media platforms have a big portion of the user base and people are not familiar with interfacing with web 3 platforms.
What is Marco's opinion on Blue Sky?
Marco likes Blue Sky because it interacts with other social platforms and can consolidate different apps he uses to conduct international business.
What is the general sentiment of the panelists towards X-Corp's rebranding?
The panelists do not seem to have strong opinions about X-Corp's rebranding and some even think that it is not a big deal.
Why do people give Elon Musk too much attention?
People give Elon Musk too much attention because he tweets things that either people love or hate, creating a lot of buzz.
What is the main concern about web 3 social media platforms?
The main concern about web 3 social media platforms is that they need to improve their UI and make the platforms easier to interface with before people switch over from web 2 platforms.