Trump Invitations Crypto Agency to Social Media Summit, Snubs Fb CEO Invoice Ottman obtained an invitation to President Trump’s Social Media Summit. CCN spoke to the crypto activist-entrepreneur on his option to 1600 Pennsylvania Avenue.Will Donald Trump Depart Twitter and Take His Following to Crypto-Pleasant Minds?Requested if Donald Trump may be part of Minds at this time, Ottman sheepishly stated: “You by no means know.”The themes Ottman intends to handle embody algorithm transparency, privateness, censorship, various platforms, and competitors….The Faux Information will not be as necessary, or as highly effective, as Social Media. They’ve misplaced large credibility since that day in November, 2016, that I got here down the escalator with the one that was to turn into your future First Girl. Once I in the end go away workplace in six…— Donald J. Trump (@realDonaldTrump) July 11, 2019Minds lately grew at a fast tempo after Ottman appeared on an episode of the Joe Rogan Expertise. On the present, Ottman mentioned the various nefarious ways in which social media corporations can manipulate and use information individuals innocently give up.The New York Instances has characterised the Social Media Summit as a “Summit for Professional-Trump Digital Warriors.”Platforms like Minds and Gab view censorship in another way than mainstream suppliers equivalent to Twitter or Fb, neither of which obtained invites.Censorship doesn’t promote higher discourse, of their view.Censorship-Resistant Platforms More and more Entice ConservativesMinds skilled fast development after Invoice Ottman appeared on the Joe Rogan Expertise. Now, Ottman is attending President Trump’s Social Media Summit. | Supply: YouTubeOttman believes the answer to hate speech is extra free speech.It’s usually stated: We wouldn’t want free speech if we solely wished to guard in style speech.Ottman advised CCN:“I believe transparency is the important thing to freedom. We have to depolarize social media with civil discourse.”Strapped for time, he then entered the White Home.Up to now, Donald Trump has by no means addressed the difficulty of cryptocurrency. The emergence of Fb’s blockchain ambitions has woke up a dragon in Washington, nonetheless, with legislators like Maxine Waters nearly single-mindedly targeted on it.Yesterday, Fed chairman Jerome Powell stated that Fb ought to stop constructing Libra till the federal government offers them the inexperienced mild, in essence.Minds is a platform which incentivizes participation by paying each consumer for what they do on the location. All exercise, together with simply scrolling your feed, earns you cryptocurrency tokens from the community pool.The tokens have a built-in utility for promoting on the platform.A Minds token will be spent to get assured views of content material on the platform. You possibly can “enhance” a publish as much as 5,000 views (5 tokens) at a time.The crypto tokens will also be used to subscribe to premium content material on the platform.

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