- Around 500 million Tweets are posted on Twitter every day.
- More than 45 percent of Twitter users still use the platform to keep them updated about global happenings.
In the last week of October 2022, global billionaire Elon Musk took over Twitter, a globally popular social media platform.
Twitter is ranked 15th in the list of top twenty social media platforms globally, with a user base of 397 million having 206 million active user base.
Reliable media reports and tweets of Musk himself highlight that in upcoming months, users with verified profiles and the “blue tick” will be supposed to pay up to eight dollars as the platform fees. His motive behind charging the fees is to reduce
Elon noted that he is on his mission to make Twitter the most accurate source of information about the world. However, judging by the reactions, he isn’t convincing netizens and journalists.
After Elon joined the team Twitter as director of Twitter, he fired several board members, including Parag Agarwal(Chief Executive Officer), Ned Segal(Chief Financial Officer), and Vijay Gadde (Head of Legal Policies).
Jeff Booth commented on the statement of Musk making Twitter’s “most accurate source of information about the world.” Booth noted, “Money is only information: Which by extension means that manipulation of Money…ensures misinformation everywhere. The centralizing control of who gets to say what is a natural derivative of this. It can ONLY be fixed by fixing the Money. ”
Twitter was established and launched in 2006, allowing users to post their views and opinions on the platform in 140 characters; later, the platform upgraded the feature and extended the character limit to 280 characters. And after the ownership of Elon Musk, it was announced that the length of text and videos was be extended in upcoming times.
- U.S– The United States of America is a leading nation globally, with a Twitter user base of 77.75 million.
- Japan- Is ranked the second country with the most Twitter users globally, with a figure of 58.2 million.
- India– India is ranked third in the list of top five nations having the most User base on Twitter; the figure is around 24.45 million.
- Brazil– It has a user base of 19.05 million and is ranked fourth on the list.
- United Kingdom– The nation has a Twitter user base of 19.05 million, and according to some reports, a user spends an average of 4 minutes on Twitter in the U.K.
In the last few weeks, Musk announced making major changes in the Twitter ecosystem, and for this reason, users are disappointed and have started finding an alternative similar to Twitter.
According to a news outlet, Mastodon is an open-source microblogging alternative to Twitter. It is an independent user-manged server, but users can freely interact with other users on several other servers.
Twitter and Mastodon are quite similar in some features. Both platforms offer the feature to tag users, share media and follow other accounts.
The hashtag is quite popular on Twitter, and some reliable data believe that Twitter is the first social media platform to introduce Hashtags. Now, Twitter Mastodon’s competitor also offers the feature of using hashtags.
Twitter will likely undergo many changes in the coming times, and it is believed that the user rate of Twitter will decrease after these severe changes. It is also believed that after these changes, people will quit Twitter and start opting for the Mastodon platform.
Nancy J. Allen is a crypto enthusiast and believes that cryptocurrencies inspire people to be their own banks and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning.
Source: https://www.thecoinrepublic.com/2022/11/07/can-twitter-users-feel-safe-heaven-despite-elon-musk-mission/