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submitted 8 months ago by s1vgm@lemmy.world to c/news@lemmy.world

X (Twitter) to soon begin charging $1 annual subscription in order to tweet and interact.

Next move must be to charge users deleting their accounts $1. And Elon can sell your data to make more money.

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[-] Sir_Kevin@lemmy.dbzer0.com 108 points 8 months ago

Sounds more like a way to ID everyone on the platform. And perhaps normalize this practice for other platforms going forward.

[-] spankinspinach@sh.itjust.works 70 points 8 months ago

Quick access to massive credit card info as well. Micro step to "the everything app"?

[-] stormtrooper@sopuli.xyz 41 points 8 months ago

Yeah this is a high possibility.

People might think he’s just a bad businessman, but I think they’re overlooking the fact that he’s an evil businessman relentlessly pursuing his dreams of dictatorship based off of actual dictatorships… that is also very bad at business.

[-] Holyhandgrenade@lemmy.world 10 points 8 months ago

Somehow I doubt this credit card info will stay un-hacked for very long...

[-] nakal@kbin.social 11 points 8 months ago

TIL my identity is worth $1 a year.

[-] bstix@feddit.dk 29 points 8 months ago

No, your identity is worth negative $1. You're paying to give it away. He didn't offer $1 to get it.

[-] ech@lemm.ee 100 points 8 months ago

I'm gonna call it. This is an (obvious) attempt to squeak in monetization for everyone on twitter that is as unobjectionable as possible, and once everyone's locked in the price will increase, and tiers will be introduced, etc etc., and it's going to work. Nobody still on twitter is gonna care about $1/year to keep access. They'll lap it up and thank Musk for the opportunity to be fleeced.

Musk could still fuck it up by being overly greedy and ramping up too much too fast like he tried to do last year (or this year? I've lost track), but I'd say this has reasonable odds of working out.

[-] danielton@lemmy.frozeninferno.xyz 47 points 8 months ago

Elon simps are already going "lol $1 i literally paid more than that for my coffee"

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[-] partial_accumen@lemmy.world 38 points 8 months ago

for everyone on twitter that is as unobjectionable as possible, and once everyone’s locked in the price will increase, and tiers will be introduced, etc etc., and it’s going to work.

I'm not so sure about that. The internet is littered with companies that gave away their product for free hoping users would pay for premium features. When they didn't and the companies then had to charge a minimum entry fee for everyone, people dropped the product. There's a barrier to putting in your credit card. Lots of people just aren't interested.

[-] HeartyBeast@kbin.social 10 points 8 months ago

There are also a whole lot of governmental, health and official bodies where putting through an invoice is a real pain in the bum. It forces a decision whereas previously if had been a simple business as usual process

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[-] GenEcon@lemm.ee 20 points 8 months ago* (last edited 8 months ago)

Musk wants Twitter to become a 'platform for everything'. Having a payment system in place everyone uses already is key for that.

Not going to say that this is a good idea, but thats the rational.

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[-] misterundercoat@lemmy.world 58 points 8 months ago

We should probably stop devoting news cycles to this manchild and his vanity pet projects.

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[-] donuts@kbin.social 54 points 8 months ago* (last edited 8 months ago)

I'm gonna continue my run of not giving Elon Musk a fucking cent.

[-] FlyingSquid@lemmy.world 15 points 8 months ago

Unfortunately, if you're a U.S. taxpayer, you've given him a lot of your cents whether you want to or not in the form of subsidies for Tesla and SpaceX.

[-] foggy@lemmy.world 8 points 8 months ago

Some of my cents. I wouldn't say a lot of my cents.

I'm doing mediocre financially but it's not that bad.

[-] worldwidewave@lemmy.world 47 points 8 months ago

Are we sure this man understands business?

[-] YoBuckStopsHere@lemmy.world 43 points 8 months ago

He purposefully is destroying it to prevent the poor from organizing.

[-] dannoffs@lemmy.sdf.org 22 points 8 months ago* (last edited 8 months ago)

We can just organize on open platforms like mastodon instead!

Yeah we're fucked lol

[-] Username02@lemmy.world 8 points 8 months ago

You are overselling Twitter if you think Twitter can do that.

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[-] FlexibleToast@lemmy.world 13 points 8 months ago

A lot of us are sure that he doesn't. He is a very skilled con man though.

[-] xkforce@lemmy.world 10 points 8 months ago

Im fairly sure hes intentionally destroying twitter

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[-] echodot@feddit.uk 39 points 8 months ago* (last edited 8 months ago)

Why?

That's such a bizarre amount of money it's not enough to dissuade scammers and it's not really expensive enough for anyone to care about, except in principle.

He really is a massive twat isn't he.

[-] ech@lemm.ee 28 points 8 months ago

and it’s not really expensive enough for anyone to care about, except in principle.

That's why. Because once people spend some money, they'll be less likely to object to paying more later.

[-] echodot@feddit.uk 11 points 8 months ago

I'm not really opposed to spending money to access social media in general (although even before Musk took over, Twitter in particular could get lost) but if I pay money they have to promise to not advertise at me, or sell my data, otherwise what am I paying for?

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[-] FlyingSquid@lemmy.world 24 points 8 months ago

Why?

Two reasons:

  1. He wants Twitter to be his 'everything app' and the next step in that process is making it a bank.

  2. He wants to sell people's personal data.

[-] Happenchance@lemmy.world 25 points 8 months ago

Full name. Address. Phone number. Credit Card details.

He wants them on his platform asap.

Once that hook catches it's hard to take out.

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[-] the_q@lemmy.world 31 points 8 months ago

It'd be real cool if folks would just stop using Twitter. You can live without it, y'all.

[-] xkforce@lemmy.world 29 points 8 months ago

It isnt worth that.

[-] dreadedsemi@lemmy.world 27 points 8 months ago

Musk: "can I have a dollar, please"

And he claims he's a billionaire.

[-] StarManta@lemmy.world 13 points 8 months ago

For once, the money is genuinely not the point, from any point of view.

The stated purpose, and I think it will accomplish this, is that no one running a bot network will pay this for their bots, so spam reduction.

The likely ultimate purpose is to have the user’s payment info saved to reduce friction for giving Twitter money later on.

The problem though is that they’re adding this friction on to the beginning, so as a result I think the most prominent actual effect is going to be 80% of free users (real ones) are gonna kill it then and there.

[-] orcrist@lemm.ee 9 points 8 months ago

What are you talking about? Will the spammers pay a dollar to reach an audience of 20,000 or 50,000 or a million people? Of course they will.

[-] HeartyBeast@kbin.social 8 points 8 months ago* (last edited 8 months ago)

OC is talking about bot farms with 20,000 or 50,000 accounts.

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[-] Rubezahl@lemmy.world 22 points 8 months ago

How long before they go bankrupt?

[-] alienanimals@lemmy.world 21 points 8 months ago

Downvote Musk spam.

The billionaire doesn’t need your help ensuring him and his businesses stay in the 24 hour news cycle. Don’t be a useful idiot.

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[-] magikmw@lemm.ee 18 points 8 months ago

Guys how would you keyword block X?

[-] Feathercrown@lemmy.world 12 points 8 months ago

This was his plan all along, you can't /s

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[-] FlyingSquid@lemmy.world 18 points 8 months ago

Elon would like to leak your personal information to anyone who is willing to pay his price, please.

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[-] fluckx@lemmy.world 18 points 8 months ago

Right. I really need to delete my sleeping twitter account.

[-] misterwu@lemmy.world 17 points 8 months ago* (last edited 8 months ago)

I bet it will go like this:

  1. First, it's 1$ a year.
  2. If X survies this, they will eventually change it to 1$ a month
  3. Wait a year or so
  4. Increase to 6$ a month
  5. ????
  6. Profit

Keep in mind that this prediction requires enough stupid people to actually stay on X and pay

[-] BingoBangoBongo@midwest.social 11 points 8 months ago

Keep in mind that this prediction requires enough stupid people to actually stay on X and pay

So it's definitely gonna happen.

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[-] ChaoticEntropy@feddit.uk 16 points 8 months ago

X would like to collect a very large amount of payment information from a lot of users to then store in their incredibly mismanaged infrastructure.

[-] Tygr@lemmy.world 14 points 8 months ago

That would kill 99% of the bot accounts after a while as the older accounts cycle out with bans.

But this kills X too. Nothing was lost.

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[-] chemicalwonka@discuss.tchncs.de 13 points 8 months ago

Patiently waiting for the bankruptcy of this company.

[-] TheBlue22@lemmy.blahaj.zone 13 points 8 months ago

Because its safe to store your credit card info with Musk, surely

[-] Nobody@lemmy.world 12 points 8 months ago

Elon took Saudi money and money from who knows what other investors to kill Twitter. It’s all done deliberately and just before an American presidential election year.

Make no mistake. They have a plan.

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[-] MargotRobbie@lemmy.world 12 points 8 months ago

Imagine paying money to interact with celebrity shitposts when you can do it here for free.

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[-] mojo@lemm.ee 10 points 8 months ago* (last edited 8 months ago)

He's going to learn what mobile games already learned, that the first transaction is the hardest no matter the cost. Also alienates like everyone without a bank account.

It's not even a price issue, it's a logistics issue. Also who knows if people will even trust him with their financial details.

[-] jgmachine@lemmy.world 10 points 8 months ago

Why are people still using and supporting this hot garbage!?

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this post was submitted on 18 Oct 2023
390 points (87.4% liked)

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