• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Breaking News: Breaking: Binance Shocks Employees With Sudden Layoffs - What's Next For The Crypto Giant?
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Bitcoinist.com
No Result
View All Result
Breaking News: Breaking: Binance Shocks Employees With Sudden Layoffs - What's Next For The Crypto Giant?
Ripple

Why Ripple’s CTO Criticized Elon Musk’s Free Speech Stance

Reynaldo Marquez by Reynaldo Marquez
1 year ago
in Ripple
0

David Schwartz, CTO at payment solution company Ripple, weighted in on Elon Musk’s attempts to buy Twitter. The CEO at Tesla made a bid to take over the social media platform valued at over $40 billion.

Related Reading | Ripple Distributes 1 Billion XRP In Developer Grants, As Chief Developer Resigns

Musk argues, amongst other things, that Twitter needs to reconsider its speech policies. Over the past years, the platform has removed “controversial” accounts, including that of Donald Trump when he was president of the United States.

Tesla’s CEO wants to transform the social media and remove what he considers censorship. Musk said via Twitter:

A social media platform’s policies are good if the most extreme 10% on left and right are equally unhappy.

Ripple’s CTO directly replied to Musk. He believes that the executive is proposing a “bad policy” that could “work absurdly poorly”.

Musk refers to a balance that could create another set of problems for free speech, according to Schwartz. This could usher in a system where “unreasonable people” are rewarded while “reasonable” users will be punished. Ripple’s CTO said:

Imagine if one side is entirely radical and one side is entirely moderate people. For the side with all radicals, only the 10% most radical of their positions will be prohibited. For the side with all moderates, not even all their moderate positions are allowed!

This could increase the odds of more moderate postures on any subject to be removed from the platform as radicals double down on their views. In turn, this could create a status quo where the users rely on the “ability to offend and annoy the other side”. Schwartz added:

It really looks like Musk has literally never spoken to anyone who has tangled with social media moderation problems at all and is just listing off the top of his head all the policies that sounds good to someone who does not understand the problem at all.

Ripple’s CTO Questions Musk’s Intention, Can He Save The XRP Community?

Elon Musk is a controversial figure. In the crypto space, he is known for his position on Dogecoin (DOGE) which he considers a better alternative to Bitcoin (BTC).

His bid on Twitter has caused extreme reactions from the users. Some defend it, and other users, such as Ripple’s CTO.

Some users replied to his counterargument claiming that Musk is simply trying to improve Twitter in terms of freedom of speech. In that sense, one user asked Schwartz to propose a better solution. Schwartz replied:

He’s not trying to make Twitter a better place for freedom of speech though. He’s trying push Twitter’s moderation policy to give better treatment to political speech he favors and to give worse treatment to political speech he disfavors.

The same users claimed that Musk’s bid on Twitter is entirely about free speech and giving more room to communities allegedly “shadowbanned” from the social media platform. The user believes the XRP community fits this description, and that Musk will “fix” this situation.

However, Schwartz was skeptical and claimed Musk has no “coherent position” on freedom of speech. He added:

(…) Elon Musk who has advocated restrictions on speech using bots and prohibiting extreme political positions, both of which are fully protected by freedom of speech. Elon Musk is not defending freedom of speech but a fascist parody of it.

Related Reading | The Bitcoin Community Reacts To Greenpeace And Ripple’s Latest Attack

At the time of writing, XRP trades at $0.74 with a 3.5% loss on the 4-hour chart.

Ripple XRP XRPUSD
XRP moving sideways on the 4-hour chart. Source: XRPUSD Tradingview
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Reynaldo Marquez

Reynaldo Marquez

As an editor at NewsBTC, Reynaldo is an experienced journalist passionate about all things crypto. Reynaldo has interviewed key industry leaders, and created unique pieces analyzing the promise of crypto as the next frontier for an economic and social transformation of humanity. Since 2018, he has been at the forefront of the industry, closely following every major development and analyzing critical events at the heart of the crypto industry. With a keen eye for detail and an unwavering commitment to excellence, Reynaldo has been instrumental in bringing the latest news and insights to the crypto community. Outside of work, Reynaldo enjoys lifting weights and literature, which he believes gives him a unique perspective into the world of crypto. As an aspiring trader, he is always looking for new opportunities to explore and believes that crypto holds the key to unlocking the future of finance.

Related Posts

XRP

XRP Community Voices Appreciation To Deaton For Defending Their Interests Against SEC

2 days ago
Ripple

Pro-XRP Lawyer Alleges Lack of Approval by SEC Ethics Office For Hinman’s Speech

3 days ago
Ripple

Pro-XRP Lawyer Offers Key Solution To Ripple’s Legal Woes Against SEC

4 days ago
Pro-XRP Lawyer Alleges Lack of Approval by SEC Ethics Office For Hinman's Speech

Hinman Emails Unveiling Inevitable, Affirms Deaton And Ripple CTO

4 days ago
Ripple

Ripple Case Enters Critical Phase As Judge Prepares For Mid-July Verdict, Top Lawyer Says

6 days ago
Pro-XRP Lawyer Alleges Lack of Approval by SEC Ethics Office For Hinman's Speech

XRP Recognized By Atlanta Fed Reserve Bank As Global Payment Solution

7 days ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Now Trending

  • Whale Power Unleashed: Mooky Emerges as the Rival Meme Coin...

    15 hours ago
  • Exploring the Meteoric Rise of Mooky: Could It Be the Next...

    15 hours ago
  • Discover the Next Big Thing: Mooky.io Presale Boasting Fair...

    18 hours ago

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit
1xBit
1xBit
K8
K8

Press Releases

  • Expert Opinion: Ethereum (ETH) is Undervalued, Crypto...

    31 mins ago
  • What Does Passive Income Mean For You If You Use Cardano...

    1 hour ago
  • Is Filecoin A Good Investment? SEC Calls It A Security!...

    1 hour ago
  • The Epic Altcoin Rumble 2023: Caged Beasts, TRON &...

    1 hour ago
  • Dogetti: Embracing the Wake-Up Call of Cardano’s...

    1 hour ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.