Phyrex
Phyrex|6月 07, 2026 18:57
These words shouldn't come from someone responsible for a platform's product, let alone someone who is also an advisor to @solana. X, as the world's most important real-time information and discussion platform, carries significant public influence in its product decisions and public statements. Nikita Bier, as Head of Product, used emotional and stereotypical language like 'all the rich people have left, leaving only American teenagers forcing poor people to do embarrassing things' to summarize the entire crypto industry. This is neither professional nor constructive. What's even more concerning is the conflict of interest. As an advisor to Solana, whose ecosystem heavily relies on retail users, meme coins, and active on-chain interactions, he publicly disparages 'retail noise' and 'teenage behavior' while advising a blockchain project that depends on these very users. It's hard not to question the neutrality of his stance. Even if crypto is currently in a correction phase, its actual contribution to the X platform is far from 'insignificant.' According to Grok, around 25 million users interact with crypto-related content daily, accounting for roughly 10-12% of X's overall daily active users. Crypto-related accounts also have higher average engagement rates compared to the platform's overall average (about 4.2% vs. 2.9%). Even during a bear market, this user segment continues to contribute significant impressions, Premium subscription value, and activity within the ad ecosystem. For a senior executive responsible for platform product experience to publicly 'judge' a vertical industry that still contributes substantial traffic and vitality to the platform with such oversimplified negative narratives not only damages the crypto community's trust in X's algorithm fairness but also risks being interpreted as 'biting the hand that feeds you.' This commentary comes from Grok!
+6
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads