Meta's instagram is rolling out its Twitter rival Threads the same week elonmusk imposed more restrictions on the microblogging platform favored by the crypto community.
Screenshot of Threads’ listing on the App Store. Source: Apple
Despite an arguably well-timed launch, the app appears to have seen limited fanfare, at least from Twitter’s avid crypto community. Concerns have been raised around data mining and privacy issues and a lack of confidence the standalone app would even survive., who has 66,600 followers on the platform, told Cointelegraph she hadn’t even heard of Threads until now, stating"I have no clue what the Meta alternative is.” Fong has an active Instagram account with 10,400 followers.
Meanwhile, an ongoing Twitter poll from crypto influencer Kyle Chassé, a self-proclaimed “Bitcoin and crypto OG” has seen over 87% of the 125 respondents signal support for “Team Twitter” over “Team Meta.”Former Twitter CEO Jack Dorsey highlighted the Threads app privacy policy which indicated that Threads developer, Instagram Inc, would have access to a wide array of user data including financial info and identifiers.
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