Obviously he owned it in the past. A mobile device that's also a chat app and a payment provider is essentially a combination of Twitter and Paypal into one single app. Although the "chat" function of Twitter is woefully under-developed compared to something like Discord and would need enormous expansion to compete.
Ultimately if you slapped a bank onto the side of Twitter, you would have this payment-provider combined with Twitter functionality. That's treading on Paypal's turf.
I think if Vine hadn't gone under it would have evolved into basically exactly what TikTok is now. The reason people remember it as being better is strictly because it had a smaller user base.
titkok and vine were never really competing against each other (though musical.ly was but it never really caught on), plus i think to an extent tiktok's spectacular popularity is a bit of a pandemic outlier
We killed vine like 3 times. Annoying AF format. I find TikTok to be a cancer format too but it's what the kids like so who am I to judge. It's gen Z's thing now. :seen-this-one: .
The usage of a tool like this is an issue of convenience and it's more convenient if you have everything inside one single app you use regularly, multiple times per day. That's Twitter, at least for Twitter users. It's easier to do it all from one app than to bust out another app when you need to, that tiny tiny tiny fucking almost insignificant amount of effort between opening another app or using the one you always use all day anyway is enough to create usage.
You don't need to do something unique or invigorating, you just need to be the most convenient for users, people will use whatever takes the fewest buttons to carry out the transaction.
Is he going after Paypal?
Obviously he owned it in the past. A mobile device that's also a chat app and a payment provider is essentially a combination of Twitter and Paypal into one single app. Although the "chat" function of Twitter is woefully under-developed compared to something like Discord and would need enormous expansion to compete.
Ultimately if you slapped a bank onto the side of Twitter, you would have this payment-provider combined with Twitter functionality. That's treading on Paypal's turf.
Samsung pay. Google pay. Apple pay. Tap to pay.
Unless he brings something unique and invigorating to the table, it's DOA.
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I’m out of the loop, what did Vine do better?
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I think if Vine hadn't gone under it would have evolved into basically exactly what TikTok is now. The reason people remember it as being better is strictly because it had a smaller user base.
titkok and vine were never really competing against each other (though musical.ly was but it never really caught on), plus i think to an extent tiktok's spectacular popularity is a bit of a pandemic outlier
We killed vine like 3 times. Annoying AF format. I find TikTok to be a cancer format too but it's what the kids like so who am I to judge. It's gen Z's thing now. :seen-this-one: .
The usage of a tool like this is an issue of convenience and it's more convenient if you have everything inside one single app you use regularly, multiple times per day. That's Twitter, at least for Twitter users. It's easier to do it all from one app than to bust out another app when you need to, that tiny tiny tiny fucking almost insignificant amount of effort between opening another app or using the one you always use all day anyway is enough to create usage.
You don't need to do something unique or invigorating, you just need to be the most convenient for users, people will use whatever takes the fewest buttons to carry out the transaction.
He should make a money laundering app run out of Seychelles or something. Would be a great competitor to binance.
You just know this clown is going to integrate it with dogecoin and his fanboys will declare it a major blow to traditional finance.
Venmo, Snapchat, and Cash App also have payment systems.
I am getting old. These things mean nothing to me. :farnsworth:
That's good, I only know because every boomer I know insists on using them to pay for things and I had to use Cash App for rent for a while
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