Jack Dorsey, Twitter co-founder, former CEO, and an ardent Bitcoin supporter, has reacted to the newly-imposed Twitter restrictions on what number of tweets a person can view per day.<\/span><\/p>\n In the late hours yesterday, July 1, American billionaire and chairman of Twitter, Elon Musk, announced that Twitter<\/a> could be quickly limiting the variety of posts a person can view every day in an try and \u201caddress extreme levels of data scraping & system manipulation.\u201d<\/span><\/p>\n Musk, who<\/span> acquired<\/span><\/a> Twitter for $44 billion in October 2022, said that verified accounts at the moment are restricted to studying 6,000 posts per day, with the every day restrict set at 600 posts for unverified accounts and 300 posts for brand spanking new unverified handles.<\/span><\/p>\n However, the view limits have been raised twice since then, with verified accounts now allowed to view 10,000 tweets every day, whereas unverified and new unverified accounts can learn 1,000 and 500 posts per day, respectively.\u00a0<\/span><\/p>\n As anticipated, these new view limits have drawn many reactions from Twitter\u2019s quite a few customers, most notably from the corporate co-founder Jack Dorsey.<\/span><\/p>\n Dorsey expressed<\/a> that he understood that managing Twitter was no straightforward process, stating the present crew was solely \u201cdoing their best.\u201d<\/span><\/p>\n \u201cRunning Twitter is hard. I don\u2019t wish that stress upon anyone. I trust that the team is doing their best under the constraints they have, which are immense. It\u2019s easy to critique the decisions from afar\u2026which l\u2019m guilty of\u2026but I know the goal is to see Twitter thrive. It will.\u201d He tweeted\u00a0<\/span><\/p>\n<\/blockquote>\n In a follow-up tweet, Dorsey went additional, nudging the Twitter administration to try constructing on decentralized protocols describing this know-how as important to a free web area.\u00a0<\/span><\/p>\n He tweeted:\u00a0<\/span><\/p>\n \u201cAnd I do hope they consider building on truly censorship-resistant open protocols like bitcoin and nostr to help ease that burden. Good for all, and critical to preserve the open internet.\u201d<\/span><\/p>\n<\/blockquote>\n Jack Dorsey is a recognized crypto and web3 advocate. Following the acquisition of Twitter by Musk, Dorsey<\/span> invested 14 bitcoin<\/span><\/a> (valued at $245,000 on the time) to fund the event of Nostr, which capabilities as a decentralized social community.<\/span><\/p>\n Nostr capabilities equally to Twitter and is supported by Bitcoin maximalists, though it’s not constructed on the Bitcoin blockchain. In addition to its social networking function, Nostr can also be designed to course of funds on Bitcoin\u2019s Lightning Network.\u00a0<\/span><\/p>\n The Bluebird app is an important social media software for engagement within the crypto area, because it permits for ICO bulletins, bounty marketing campaign promotions, and normal challenge information.\u00a0<\/span><\/p>\n Although this variation is short-term, one may solely marvel concerning the ripple results of the brand new Twitter views restrict on its vibrant group.\u00a0<\/span>For now, these results look like minimal, with the entire crypto market cap rising by 0.4% within the final 24 hours, in accordance with <\/span>data by Coingecko<\/span><\/a>.<\/span><\/p>\n Bitcoin, the premier cryptocurrency, is buying and selling at $30,534 with a 0.3% acquire within the final day. The token\u2019s every day buying and selling quantity is valued at $5.91 billion, whereas its market cap stands at a powerful $592.76 billion.\u00a0<\/span><\/p>\n Featured picture from BBC News, chart from TradingView<\/em><\/p>\n<\/p><\/div>\nJack Dorsey Advises Twitter Team To Test Decentralized Protocols<\/strong><\/h2>\n
\n
\n
How Could Twitter New Restrictions Affect The Crypto Space?<\/strong><\/h2>\n
<\/p>\n
BTCUSD buying and selling at $30,520 | BTCUSD chart from TradingView<\/a><\/pre>\n