Cage Fight Training
“Cage Fight Training” – a cartoon that illustrates how Threads represents Mark Zuckerburg’s best effort yet to successfully build out a successful crypto-related, decentralized technology business.
Meta’s attempt at creating its own currency (Libra) and then renaming itself after the web3 metaverse, resulted in massive value destruction and the firm’s retrenchment in Q2 to focus on its core advertising and messaging businesses.
Threads has a decentralized back-end technology with the use of ActivityPub, which is the same protocol as the open-source Mastodon system.
This approach offers the first mainstream social media platform that can support consumer data sovereignty and data portability.
Perhaps Elon’s greatest contribution to the advancement of decentralized technology is to alert everyone that any user-generated media platform with a single point of control (or in Elon’s case, failure) is bad for users over the long term.