Twitter's Jack Dorsey admits internet companies have too much power and praises bitcoin as a model to change that
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fairly difficult
In a series of tweets on Wednesday, CEO Jack Twitter explained the company's thinking in banning Trump but said that's not a long-term solution.
CEO of Twitter Jack Dorsey testifies remotely during the Senate Commerce, Science, and Transportation Committee hearing 'Does Section 230's Sweeping Immunity Enable Big Tech Bad Behavior', on Capitol Hill in Washington, DC, October 28, 2020.

Twitter CEO Jack Dorsey said on Wednesday that banning President Donald Trump was the "right decision for Twitter," but admitted that the internet shouldn't be controlled by a handful of private companies.

In a series of 13 tweets, Dorsey said that online speech resulting in real world harm requires action even if a ban on an account is divisive "and sets a precedent I feel is dangerous." He wrote that if a company like Twitter makes a decision that people don't like, they can go elsewhere, creating an inherent check on its power.

However, the…
Ari Levy
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