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@ Ted🇱🇦🥩
2025-05-01 05:46:41Source: https://youtu.be/e_Y9tI4dALA?si=F5wXRlpM0YulbhmY
Twitter Origins and Evolution
Twitter began as Dorsey's attempt to better understand cities by visualizing what people were doing and thinking (00:35-02:27) Key features like @mentions, hashtags, and retweets were invented by users, not the company (04:06-05:24) Dorsey realized Twitter was becoming significant when he saw politicians using it during Obama's first address to the nation (06:29-07:44)
Reflections on Twitter/X
Regrets monetizing too quickly through advertising rather than exploring better business models (12:19-13:05) Believes Twitter should have been built as an open protocol rather than a centralized company (13:05-14:23) Advocates for user choice in algorithms rather than having companies decide what content users see (15:35-18:31)
Decentralized Social Media
Started Blue Sky while at Twitter to create a decentralized social media protocol (22:51-24:07) Later focused on Nostr, which he believes has a better development model similar to Linux (24:07-25:57) Believes the future of social media includes agent-driven systems and greater user agency (29:01-29:41)
Block and Bitcoin
Block (formerly Square) focuses on economic empowerment through financial tools (32:08-32:47) Sees Bitcoin as essential for creating an internet protocol for moving money (33:25-35:09) Believes Bitcoin will eventually move beyond being just a store of value to become a currency for cross-border remittances (35:09-36:58)
Entrepreneurship Philosophy
Never intended to be an entrepreneur but wanted to build useful products (40:22-42:02) Compares entrepreneurship to art - knowing how to express ideas and where to set boundaries (42:02-43:09) Deals with rejection by viewing all experiences as teachers with lessons to offer (43:44-44:55)
Personal Habits
Practices meditation daily and previously did 10-day silent retreats (45:30-46:43) Creates daily lists of both what to do and what not to do (47:21-48:28) Eats only once a day to save time and better appreciate food (51:29-52:39) Dedicates morning hours to learning difficult subjects like quantum physics (48:28-49:40)
His advice to young people: observe everything, take in information, and don't worry about immediately reacting to it (52:39-53:00).
Noteable Quotes
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On Twitter's co-creation with users: "What's interesting about Twitter is it wasn't really us who determined where it went, it was the people using it." (04:06)
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On algorithms: "I think it's less about free speech, I think it's more about do we get to choose how the algorithms are programming us, because the algorithms are definitively programming us." (15:35)
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On rejections and setbacks: "Everything I encounter, everything I experience is a teacher and they have some lesson for me, and it's up to me whether I decide to learn from it or not." (43:44)
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On entrepreneurship as art: "It's expression, it's knowing when to end something, it's knowing what the chapters are and where the piece begins and where it ends." (42:02)
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On Bitcoin's potential: "Bitcoin is over close to 16 years old right now. It's never gone down, it's never had a security issue, it has no leader, it has a completely open roadmap, and it's determined by a consensus development model." (36:18)
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On learning: "I think people skip the observing phase too often. I don't think people are good listeners. I don't think people have honed their ability to observe the world and observe nature and observe how things work." (50:19)
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On his advice to young people: "Observe everything, like take everything in, get love information, love receiving information, don't worry about reacting to it, don't worry about memorizing it, don't worry about doing anything with it at all, just be open." (52:39)
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