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1 year agoThe nice thing about our economic system is that value is rarely completely destroyed, the money he paid for Twitter didn’t cease to exist, it went to former Twitter shareholders.
They may be using it in more productive ways than he ever would.
There has been value generated by Twitter that will outlive it though.
They established and refined an interface that other ventures like blue sky and mastodon are utilizing, and they delivered open source frameworks like Bootstrap will long outlive Twitter, and have brought value to the broader web development ecosystem.