Is Elon's 9.2% Stake in Twitter a Web 3 Play?

<p><em><span style="font-weight: 400;">This episode is sponsored by</span></em> <a href= "https://nexo.io/?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_apr22"> <em><span style= "font-weight: 400;">Nexo.io</span></em></a><em><span style= "font-weight: 400;">,</span></em> <a href= "https://www.amazon.com/stores/page/4916F3EC-38E9-4873-9427-0A1375D7D96F"> <em><span style="font-weight: 400;">Arculus</span></em></a> <em><span style="font-weight: 400;">and</span></em> <a href= "https://ftxusapp.onelink.me/LKX9/breakdown"><em><span style= "font-weight: 400;">FTX US</span></em></a><em><span style= "font-weight: 400;">.</span></em><span style= "font-weight: 400;"> </span></p> <p> </p> <p><span style="font-weight: 400;">Elon Musk has been talking about Twitter a lot lately. He did a poll asking whether it should make its algorithm open source (80% said “yes”). Another poll asked if Twitter lived up to the principles of free speech, and over 70% of more than 2 million respondents said no. With the announcement today that Musk had purchased a 9.2% stake in Twitter (more than 4x the 2.25% stake of co-founder and former CEO Jack Dorsey), everyone is speculating about what he might do about it. </span></p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><em><span style="font-weight: 400;">From cash to crypto in no time with</span></em> <a href= "https://nexo.io/?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_apr22"> <strong><em>Nexo</em></strong></a><em><span style= "font-weight: 400;">. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head on to</span></em> <a href= "https://nexo.io/?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_apr22"> <em><span style="font-weight: 400;">nexo.io</span></em></a> <em><span style="font-weight: 400;">and get started now.</span></em></p> <p><em><span style="font-weight: 400;">-</span></em><