Elon Musk Challenges Twitter’s CEO to Public Debate on Fake Accounts and Spam Bots – Featured Bitcoin News

Bitcoin.com

Tesla and Spacex CEO Elon Musk has challenged Twitter’s CEO to a public debate over the platform’s fake accounts and spam bots. A recent poll conducted by Musk showed that nearly 65% of respondents do not believe that less than 5% of Twitter daily users are fake or spam.

Musk Challenges Twitter’s CEO to Public Debate

Tesla CEO Elon Musk has challenged Twitter CEO Parag Agrawal to a public debate about fake and spam accounts on Twitter. “Let him prove to the public that Twitter has less than 5% fake or spam daily users,” Musk wrote Saturday.

How To Get Free Crypto  

The percentage of spam and fake accounts on Twitter has been material in the Tesla CEO terminating his $44 billion bid to buy the social media platform.

Twitter has sued Musk to force him to go through with the buyout deal. The Spacex boss subsequently filed a countersuit, accusing Twitter of fraud.

Musk’s Twitter Poll on Fake/Spam Users

Musk put up a 24-hour Twitter poll Saturday asking his 103 million followers if they think that less than 5% of Twitter daily users are fake or spam. A total of 822,766 votes were counted: 64.9% picked “no.”

While Twitter claims that less than 5% of its daily users are fake or spam accounts, Musk disagreed and has been trying to obtain data from the social media giant to conduct his own analysis with no success.

Coinbase Banner  

Musk explained: “All indications suggest that several of Twitter’s public disclosures regarding its mDAUs are either false or materially misleading … The proportion of false and spam accounts included in the reported mDAU count is wildly higher than 5%.”

Twitter defines mDAUs (monetizable daily active users) as “users who logged in and accessed Twitter on any given day through Twitter.com or Twitter applications that are able to show ads.” Twitter’s disclosures include those filed with the U.S. Securities and Exchange Commission (SEC).

‘Materially False’ SEC Filings

Musk claims that Twitter provided him with outdated data, offered a fake data set, and then provided a clean data set where they already suspended the malicious accounts.

The Tesla CEO tweeted Saturday:

If Twitter simply provides their method of sampling 100 accounts and how they’re confirmed to be real, the deal should proceed on original terms. However, if it turns out that their SEC filings are materially false, then it should not.

Musk detailed in his countersuit that three days after he signed the agreement to buy Twitter, the social media company “restated and publicly disclosed that the mDAU figures in the 2021 10-K were false and that Twitter had overcounted mDAU by up to 1.9 million in each quarter.”

FreeBitcoin Banner  
Tags in this story

Do you believe that less than 5% of Twitter daily users are fake or spam? Let us know in the comments section below.

Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons, lev radin

Read disclaimer

Go to Source
Author: Kevin Helms


Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.