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Home»Altcoins»Elon Musk’s Tweet Catches Adam Back’s and DOGE Founder’s Attention
Altcoins

Elon Musk’s Tweet Catches Adam Back’s and DOGE Founder’s Attention

NBTCBy NBTC09/06/2024No Comments3 Mins Read
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Tech centibillionare and founder/CEO of half a dozen innovative companies, including Twitter/X, Elon Musk has published a post which raised concerns of the crypto community and other X users, as well as multiple questions.

Crypto influencers also had their attention caught by Musk’s new tweet – Blockstream’s CEO and one of Dogecoin founders in particular.

Back and Markus react to Musk’s tweet

Elon Musk announced that the Twitter/X team intends to suspend accounts doing engagement farming. This initiative is likely connected with Musk’s intention to protect the freedom of speech on the one hand and to prevent fake or misleading information spreading on X on the other one.

Many crypto accounts began asking him to define the term “engagement farming” since it can be interpreted quite widely. Dogecoin co-creator Billy Markus came to assistance and suggested his interpretation of this.

He explained engagement farming as people “who purposefully lie for clicks repeatedly”. He also suggested that “accounts with major amounts of community notes” that are being “purposely misleading” should be banned from participating in the monetization programs on Twitter/X.

if this means people who purposefully lie for clicks repeatedly, this is a long overdue rule, and accounts with major amounts of community notes for being purposely misleading should at the very least be demonetized imo

— Shibetoshi Nakamoto (@BillyM2k) April 19, 2024

Cypherpunk, Blockstream CEO and the person who corresponded with Satoshi Nakamoto, while Bitcoin was in the making, Adam Back also responded to Musk’s tweet. The influencer asked Elon if the Twitter/X team can try and solve the big problem of scammers impersonating influential Twitter users. “They’re scamming people. It’s run amok,” Back tweeted.

What about doing something about the impersonation problem. They’re doing more than engagement farming, they’re scamming people. It’s run amok.

— Adam Back (@adam3us) April 19, 2024

One of the members of the DOGE and X team, “DogecoinDesigner” (@cb_doge) later published a tweet, in which he defined engagement farming and then another one, asking the community to report in the comments X accounts that are known to be after it.

Elon Musk to support US First Amendment

In a tweet published on Thursday, Musk addressed the community to say that he intends to fund “a national signature campaign” to support the First Amendment in the US – the amendment that protects the freedom of speech and the press.

Given the relentless attacks on free speech, I am going to fund a national signature campaign in support of the First Amendment

— Elon Musk (@elonmusk) April 18, 2024

On the same day, Musk commented on a video interview of Katherine Maher, head of National Public Radio. She insisted on implementing censorship regarding the materials that can be published on various platforms. She seemed to be eager to get the First Amendment out of the way.

Musk tweeted that AI is being trained in the same manner and this may present a threat to humanity in the future.

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NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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