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# Thoughts and actions for the week of November 29, 2021
- URL: https://werd.io/thoughts-and-actions-for-the-week-of-november-29-2021/
- Published: 2021-11-29T18:11:33.000Z
- Updated: 2021-11-29T18:11:33.000Z
- Author: Ben Werdmuller
- Tags: #Import 2025-06-13 09:24

### Thoughts

1. [Jack Dorsey is stepping down as CEO of Twitter](https://twitter.com/jack/status/1465347002426867720). Wow. Whichever origin story you’ve heard, he had a huge part of its beginnings, as well as (obviously) its current direction.
2. Under Jack, Twitter has consistently added crypto functionality and strategies, from Bitcoin tipping to [Project Bluesky](https://blueskyweb.org/), and [a new team led by Tess Rinearson](https://twitter.com/%5Ftessr/status/1458466734327963648). I wonder if that will persist, or if his interest in the space will be limited to Square (where he’s still CEO).
3. I hold a modest amount of Twitter stock - purchased in the open market - and [the news made the value *jump*](https://www.thestreet.com/markets/twitter-stock-leaps-amid-report-ceo-jack-dorsey-will-step-down). I wonder how that feels for Jack as a person.
4. I think decentralization (but not cryptocurrencies) holds the future for Twitter. If it can be the place both facilitating and surfacing conversations on the web, that’s Google-level powerful. I’m not sure being a social network in itself is quite as valuable, both in the social and financial senses.
5. I continue to appreciate how the discourse around decentralization has changed as a result of the rise of crypto. It’s important to understand that they’re not the same thing: crypto is a *subset* of decentralization. (Also, [not all cryptocurrencies are truly decentralized](https://cryptobriefing.com/is-xrp-decentralized-ripples-involvement-cryptocurrency/).) Conflating the two is a problem. Whatever you think about crypto, it’s a technical and organizational approach, not a catch-all tool that can fix everything.
6. Regardless of what happens to it next, Twitter is my favorite social network. I have interesting conversations there; I’ve met new people at a scale I haven’t met elsewhere; I have a lot of exposure to new ideas. There’s a lot of vitriol, too, but I’ve found it easier to filter out over time.
7. That doesn’t mean that controlling the vitriol on the platform generally isn’t important - and it could even be the *most* important thing for the future of the company, given [the effect community health has had on growth](https://www.wired.com/2015/04/twitter-abuse/).
8. How does controlling for community health work in a decentralized environment? It’s a much harder problem, but still one that affects Twitter’s bottom line, regardless of its underlying architecture. *Legally* it may have different requirements depending on that architecture, but the user experience requirements are always a vital part of the growth of *any* ecosystem.
9. If Twitter *is* doubling down on decentralization, this makes providing community health tools in the decentralization space one of the most valuable problems to solve right now.
10. If Twitter *isn’t* going to continue moving in this direction, I'm not sure where it’s going to go.

### Actions

1. After some travel and some extended time on the east coast, I’m hunkering down and thinking about the future. There’s a lot on the table. Somehow it’s now only a few weeks to Christmas (and zero days to Hanukkah), which makes planning for 2022 imperative.
2. I’ve *really* got to get back on the health train. My loss this summer is no longer an excuse, and my mother would not want me to be unhealthy on her account.