It was pretty bad but no where near as bad as it could have been. Others have thought exactly the same as I have, bitcoin and direct messages was just the start, they could have started world war 3.
It was NOT a hack it was Twitter being centralized and employees having clearly too much access to accounts. Had Twitter been on Etheuem's blockchain this would have never happened. @jack you guys can't integrate @metamask_io or @Ledger @authereum ?
— Nor development studio (@nor_studio) July 16, 2020
Ok this is still a live hack with new information coming out every hour but its clear as sight. International and even national politics shouldn’t be announced on twitter or any social media really.
I know Jack was talking about decentralising twitter a while ago but something as big and powerful likely needs two things.
- Be decentralised or federated
- Be something more like a public utility than a profit making company
I know many will disagree but honestly I would feel much more safer with twitter under a different remit, a public remit? (I do not mean government control)
Not to say the social engineering wouldn’t have happened but there would be a stricter understanding of the importance and more accountability for the attention & power it has currently.