@elonmusk @Storm4Congress For example: banned accounts may not be counted in such a metric (perfectly reasonable to make this choice). If bots are being made as fast as they are being banned, there could be an equilibrium around 5%.
@elonmusk @Storm4Congress Twitter acknowledges that it has bots. And at any moment, there are plenty of bots posting.
The important questions regarding the acquisition are: are bots counted in their "active user" metrics? If yes: the 5% bots claim could still be reasonable. Lots of nuance here.
@aiww Problem with this is that the people who control the supply of crypto-USD also can print counterfeit (i.e. unbacked) crypto-USD and use those fake dollars to inflate the spot price of crypto. This is what Tether is alleged to have done.
@aiww Big caveat with crypto valuations is that USD valuations of cryptocurrencies are based on how much of a *crypto version* of USD (e.g. Tether) people are paying for e.g. Bitcoin.