The social media giants such as Facebook, Youtube and Twitter have made billions from providing a “free” service to users, where the user believes the use of the platform costs nothing but as we all know that is far from the truth.
Over the last 10 years since Facebook became the largest social media network, they have gone from connecting the world together to spying, banning, manipulating and censoring its users.
The thing is a lot of everyday working people who use these platforms dont know that almost every piece of data is being acquired on them and used to sell targeted ads. Over the last 10 years this become more sinister than just selling advertising, now Facebook is following what you do off of its platform and it could label you a hate agent, shadow ban, permanently ban you or even remove any reference of you posted to the site for what you do off the platform.
That happened this year where people in the UK have been banned just for posting the name “Tommy Robinson” or sharing photos with his image in during his MEP Campaign trail. They had removed his page with 1.1 Million followers a few months before he launched his election campaign but they still felt the need to censor any mention or picture of him on their platform and ban anyone supporting him.
There are also many content creators and commentators that have been removed from these platforms for apparent breeches of the terms of service after outrage mobs bombard the platforms with reports. This is starting to back fire as they have now made these platforms blur the lines of breeches of terms of service so you have history teachers channels deleted for having WW2 educational videos on youtube!
They have operated with little and no regulation, policing their elastic terms of service and letting coordinated reports by outrage mobs influence them to silence political opposition using the protection as a Private company to do it all.
Many of the conservative commentators and content creators who are off these platforms have also lost a large portion of their income and / or may be banned from Paypal etc. These people still have massive followings even though they are off these platforms and these followers are usually more inclined support them financially after they have been deplatformed.
This in my opinion makes Twetch a major rival to these social media giants as it would not only give these deplatformed people a voice again, it would enable a range of simple unstoppable revenue streams for their content. These deplatformed people using Twetch would bring their dedicated following to the platform many of them would be new crypto currency users. Instead of technical processes to transact on the blockchain, they would see the simplicity of using Moneybutton and Bitcoin SV to use the Twetch platform and support the content creators.
The good news is that these social media companies have now lost control completely and are banning and censoring more and more people on a daily basis, which is driving people to find alternative platforms and services. All it is going to take is for just one of the deplatformed content creators like Alex Jones to join Twetch, it would spark a wave of sign ups from his followers then similar censored content creators see what can be done on the platform.
The simplicity of the Twetch platform make it easy for legacy social media users to use Bitcoin SV to post, comment and interact with the content creators with no technical skills required.