#rug pulls

[mostlysignssomeportents]

Canonical enshittification

This is the Facebook playbook: you lure in publishers by promising them a traffic funnel ("post excerpts and links and we'll show them to people, including people who never asked to see them"), and then the rug-pull: "Post everything here, don't link to your own site. Become a commodity supplier to our platform. Abandon all your own ways of making money. Become entirely subject to the whims of our recommendation system."

Next will be: "We block links to other sites because they might be malicious."

Then some kind of "pivot to video."

Probably not video (though who knows?) but some other feature that a major rival has, which Twitter will attempt to defraud its captive, commodified suppliers into financing an entry into.

In case you were wondering, yes, this is canonical enshittification. Lure in business customers (publishers) by offering surpluses (algorithmic recommendation and an ensuing traffic funnel). Lock them in (by capturing their audience and blocking interop and logged-out reading).

Then rug the publishers, clawing back all the surpluses you gave them and more, draining them of all available capital and any margins they have, until they die or bite the bullet and leave.

I would also give good odds on this leading to a revivification of the "Pay us tens of thousands of dollars a month for a platinum checkmark and we'll actually show what you post to the people who asked to see it."

That will be pitched as the answer to publishers' complaints about not wanting to turn themselves into commodity Twitter inputs. It will be priced at the same (or more) as the revenues publishers expect to lose from being commodified, making it a wash.

All of this seems to me to be an "unfair and deceptive business practice" under Sec 5 of the FTC Act.

If I sign up to follow you because I want to see what you post, and Twitter shadowbans your posts unless they are formatted to maximize your dependence on Twitter, they have deceived me, and are being unfair to you.

This is *very* analogous to the Net Neutrality debate, where a platform blocks or deprioritizes the things its users ask to see, based on whether the suppliers of those things are its competitors.

I've written about how an end-to-end principle for social media could be enforced under Sec 5 of the FTCA, how it would address this kind of sleazy practice, how it would be easy to administer, and wouldn't form a barrier to entry for new market entrants:

https://pluralistic.net/2022/12/10/e2e/#the-censors-pen

[ottoshelpfulhacks]

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[yourcoins-blog]

Rug Pulls

A so-called rug pull occurs when project members raise capital or crypto to fund a project and then suddenly remove all the liquidity—and they themselves disappear and become unreachable. Scammers abandon the project, and investors lose all they have contributed.

[phoenixkaptain]

Shinichi and Kaito being cousins has the comedic potential of the sun, even from a shipping standpoint because it would be SO fucking funny if they fake dated to piss off their dads.

Two boys who get far too into their roles pretending to be starcrossed lovers? The dramatic backstory they could spin for how they met and fell in love?? The way they would both absolutely take it way too far and end up actually dating??? The fact that cousins have been married in Detective Conan beforehand and so there's a precedent in-universe for cousins dating????

Yusaku would be like "There's no way they're dating. This is obviously fake." But they don't stop and they keep going and they keep going and they have the wedding colours picked out and they're going suit shopping tomorrow and Shinichi asked him which of his publishers he felt comfortable inviting to the wedding and he finally has a moment of "...is this? Not? Fake????"

Yusaku: "I think we should stop them."

Yukiko: "Why?"

Yusaku: "They're cousins."

Yukiko, totally in on the whole thing: "As long as Shin-chan's happy :)"

Then Kaito over there:

Toichi: "Kaito, please don't marry your cousin. I said I was sorry."

Kaito: "Maybe if you'd been around when we first met, you could have prevented this all."

Like, can you imagine??? How funny it would be???

[thatsbelievable]

[saeculasaeculorom]

iykyk

one of these is not like the others......

[grandmasickomode]

Me: hey Villain's Cursed Cafe sounds like a hoot, Ill gove it a shot.

The game:

[captainharlock]

made up an entire fake zero escape dead by daylight collab chapter with my friend who really likes dbd after i got her to play 999. i was thinking it would be called "seek a way out". kind of obsessed.

[pucksandpower]

Kind of insane for Williams to give us nine races to get attached to Franco (already done) and for him to prove that he 100% deserves to be in Formula 1 … only to leave him without a seat next season.

[popppyfur]

was thinkin about how i see every conflict poppy has w the people in her life has got to do w em thinking she wouldnt understand what theyve been thru

2. me when im da queen of pop and ive been preparing for this for my entire life and ive been good and im being praised and doing great and get overtly defensive when my methods are questioned even though ive been good and was praised and was doing great and

[backpackingspace]

Odysseus with his head in his wife's lap, happily not paying attention to anything, humming one of athenas song and carving something

Some random guy: your majesty----

Odysseus: not bothering to sit up: whatever my wife decided is fine.

[otrtbs]

if you’re reading art heist, baby! with any alternate happy end attached to it BEFORE reading the ENDING™️ ,,,, then just know i’m shaking my head and. judging a lot little

[awks-snowflake]

Me, starting Earnest-est: Oh this episode is gonna be super wholesome, I’m really enjoying the vibes here.

Me, finishing Earnest-est: Hey uh Sam? What the fuck did I just witness? And why was it the most beautiful thing I’ve ever seen?

[thewisaaaaad]

I know this isn’t cotl, but

What did they do.

They unscrungled my scrungles…

My beautiful baby boy…

Come back…

[thetwilightroadtonightfall]

I would like us kh mobile game fans to have one W. Just one W please

[wishchip106]

how i look when meeting my step-son (who i didn’t even know was my step-son) for the first time:

HE’S NOT EVEN IN THE PICTURE‼️‼️‼️‼️

got moral support bestie with me right here 😻