Twitter will have more competitors amid improved performance.

In light of efforts to enhance the social media experience, Vitalik Buterin, co-founder of Ethereum, said that Twitter would face increased competition.

At the Singapore FinTech Festival, Buterin remarked, “I think there will be some better social media platforms in the next 50 years.”

Twitter may be caught between two extremes.

Buterin thinks that Twitter might occupy a middle ground between these two extremes.

Elon is a prominent actor with a great deal of versatility. It has the potential to either make Twitter incredibly great or very bad, and the latter outcome might present an opportunity for other individuals to achieve great things, the speaker stated.

One Twitter issue that Vitalik Buterin is concerned about is the way other accounts attempt to utilize his postings and profile to sell extremely speculative cryptocurrency tokens that frequently have no established rules of the game.