Don’t let the pseudonym fool you: ZeroHedge is probably one of the best sources of information that you will find when it comes to alternative stock market news — hence why many market professionals were left scratching their heads at Twitter’s unusual decision to “permanently ban” the veteran news organization from their platform following a story that they published back in January about a scientist at the Wuhan Institute of Virology.
Far from fake news, for more than 10 years, they have been delivering timely, up to date, and original reports about a wide variety of important issues affecting the world of finance and politics — many of which you will be hard pressed to find anywhere else.
Yet even after it was revealed that the ZeroHedge story which resulted in the initial Twitter suspension was proven correct, for reasons unknown to anybody that had been closely following the situation, Twitter instead chose to do nothing, electing to maintain the ban even in light of the glaring evidence.
Well, it looks like Twitter’s PR department must have finally realized how ridiculous this was beginning to look, and that irregardless of the complete loss of credibility that would come with admitting that they banned this valuable news organization based upon blatantly false pretenses, it seems that they have accepted the fact that the risk/reward of keeping silent and trying to pretend like nothing had actually gone wrong would have been far more damaging than simply fessing up to their mistake, and after almost 5 months of blocking their 300 million users from keeping up to date on all the latest ZeroHedge updates, news just broke today that they have, after all this time, finally decided to reverse the suspension.
Good job Twitter.
Hopefully they learned a valuable lesson about the dangers of appointing ones self ‘arbiter of truth‘.
“It is now well established that the Constitution protects the right to receive information and ideas … If the First Amendment means anything, it means that a State has no business telling a man, sitting alone in his own house, what books he may read or what films he may watch.
Fear of serious injury cannot alone justify suppression of free speech and assembly. Men feared witches and burnt women. It is the function of free speech to free men from bondage of irrational fears …“
Update, Friday, June.11th, 2020
“Twitter Removes Chinese Disinformation Campaign”, New York Times
UPDATE, June.13th, 2020
“The vindication of Zero Hedge”, By Reclaim the Net