Bookmark this post. Twitter ended Friday above $51, +220% since Trump got elected.
Last night the comrades at Twitter sold short MAGA and canceled Trump and endless other MAGA accounts, causing people to flee towards Gab and Parler. On the issue of Parler, google banned them from their store and Apple promised to ban them today, should they not start censoring posts on the platform. Let’s be clear so we’re not deluding ourselves here: free speech was never a reality, certainly not for ultra rich, ultra entitled tech titans. They do as they like and that’s just the way it is.
But Twitter is a global platform with bigger fish to fry than outspoken Trumpers. And let’s be honest, people are addicted to social media and crave to be heard. More than that, they crave to feeeeel like they’re doing something important with their lives.
You don’t have to participate in their systems. No one is forcing you to feel the need to be heard on social media. Prior to 2007, no one even knew what Twitter was and it certainly wasn’t something that could be conceived as a tool to enact a coup, which by the way is the most overused word the last 4 years. There wasn’t a fucking coup attempt by the ‘Stop the Steal’ folks at the Capitol this week. That was a bunch of cosplaying men and women falling victim to group think, the way mobs react when something is in motion. If you were ever a rambunctious child and did stupid things with your stupid friends, you know exactly what I mean. There wasn’t an armed attempt, nor military styled operational tactics used, just people who felt disaffected.
I predict the share price of Twitter will be more or less unaffected by this purge inside of a month because time heals all wounds and Americans have very short memories and rarely could resist the temptation for a quick dopamine fix.If you enjoy the content at iBankCoin, please follow us on Twitter