On April 7, Twitter users reported an inability to like, retweet, or reply to tweets containing links to Substack articles. Error messages indicated that “some actions on this tweet have been disabled by Twitter.” While some users found that their interactions appeared to register, a closer look revealed that the platform was not actually counting or displaying them. The exact cause of this issue, whether a bug or intentional feature, remains unclear.
Simultaneous Disruption of Substack’s Tweet Embedding
Twitter’s restrictions on Substack links coincided with the sudden inability of Substack users to embed tweets in their posts. According to The Verge, Substack representatives were unsure if this issue was due to a change in Twitter’s API or a bug. The simultaneous nature of the two problems suggests they may be related.
Mysterious Changes and Potential Competition
These issues follow a series of odd changes to the Twitter platform, such as the temporary replacement of its logo with a Doge image and the labeling of nonprofit media organization NPR as “state media.” It’s worth noting that Substack unveiled “Notes,” a Twitter-like posting application, on April 5, which could be perceived as a competitor to Twitter.
— Luis Assardo (@luisassardo) April 7, 2023
We're investigating reports that Twitter embeds and authentication no longer work on Substack. We are actively trying to resolve this and will share updates as additional information becomes available.
— Substack (@SubstackInc) April 6, 2023
Elon Musk has blocked all Substack links on Twitter from being RTed or liked.
— Erik Hoel (@erikphoel) April 7, 2023
This gives huge advantage to the MSM he claims is bad, but ok.
Canceled my Twitter blue, and likely won't be on this godforsaken platform for much longer. Please follow me on Substack (link below)
Impact on the Crypto Community
Substack has become a popular platform for cryptocurrency, blockchain, and Web3 experts to share their insights with dedicated followers. With millions of subscribed readers, the restrictions on sharing Substack content on Twitter could hinder the free flow of information and discourse within the crypto community.
Substack and Twitter Respond
Substack co-founders expressed disappointment with Twitter’s actions, arguing that writers deserve a platform that empowers them and safeguards free speech. They emphasized the importance of not tying livelihoods to platforms where rules can change unexpectedly. In response to a request for comment from Cointelegraph, Twitter replied with a poop emoji, offering no explanation for the issue.
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Conclusion: An Uncertain Future for Twitter-Substack Interactions
The recent issues between Twitter and Substack have raised concerns about the future of free speech and the flow of information, particularly within the cryptocurrency community. As the reasons behind the limitations remain unclear, users and content creators alike are left questioning the stability and transparency of social media platforms. Until further information is provided or the issue is resolved, this incident serves as a stark reminder of the unpredictable nature of online platforms and their impact on open discourse.
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Frequently Asked Questions
FAQs:
1. Who are the two members of the US House Financial Services Committee calling out SEC Chair Gary Gensler?
Representatives McHenry and Huizenga are the two members of the United States House Financial Services Committee who are calling out SEC Chair Gary Gensler regarding the timing of the charges filed against FTX founder Sam Bankman-Fried. The two lawmakers raised serious questions about the SEC's process and cooperation with the Department of Justice in a notice dated February 10.
2. What was Bankman-Fried's scheduled appearance before the House Financial Services Committee?
Sam Bankman-Fried, the former CEO of FTX, was scheduled to testify before a House Financial Services Committee hearing on December 13, 2022, exploring the collapse of the crypto exchange FTX. However, he was arrested in the Bahamas in accordance with an extradition agreement with the United States before the hearing took place.
3. What are the charges filed against Bankman-Fried?
The Department of Justice charged Bankman-Fried with eight criminal counts, including wire fraud. The SEC and the Commodity Futures Trading Commission have also filed separate civil suits against him. The charges against Bankman-Fried have raised serious questions about the SEC's process and cooperation with the Department of Justice.
4. Why is SEC Chair Gary Gensler facing additional scrutiny?
SEC Chair Gary Gensler is facing additional scrutiny following the agency's announcement of a settlement with Kraken, in which the exchange agreed to stop offering staking services or programs to U.S. clients. The House GOP has called on Gensler to provide records and communications related to Sam Bankman-Fried's charges, no later than February 23.
5. What is the Senate Banking Committee's additional hearing about?
The Senate Banking Committee has scheduled an additional hearing on the "crypto crash" of 2022, to occur on February 14. The hearing will further probe the collapse of the crypto exchange FTX and the role of its former CEO, Sam Bankman-Fried, in the events leading up to the crash. With the charges and arrest of Bankman-Fried, and the ongoing scrutiny of SEC Chair Gary Gensler, the upcoming hearing promises to be a pivotal moment in uncovering the truth behind the "crypto crash" of 2022.
