this post was submitted on 29 Aug 2024
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Counterpoint: Twitter will continue to maintain a critical mass of users until enough people move somewhere else to make it irrelevant. Continuing to use it only serves to further credentialize the platform, making it even less likely that users will find a new home someplace else.
The vast majority of users don't care whether the platform is credentialized or not.
Respectfully, you were the one who pointed out the impact of the Network Effect.
Thus, users don't need to understand the credentials of the platform if the network effect is strong enough, but as users leave the network, the value (credentials) of the platform as a whole decreases.
Another way to think about it is that the amount Twitter "matters" is directly related to how much we collectively agree it matters. While not directly transferable, I'd suggest that Keynes' Animal Spirits concept can help us to understand why this might be the case - prevailing attitudes towards a platform can have a profound impact on their value.