Meta and Twitter are in chaos due to the actions of Zuckerberg and Musk - What is your opinion on this what might the consequences for crypto adoption be?

Meta and Twitter are both huge companies with big plans for crypto adoption. For instance, Meta is actively working on their metaverse, will use Arweave to store data on the blockchain, and will support Polygon, Flow, and Solana on the platform. Meta will also bring NFT minting and trading to Instagram. Twitter already has Bitcoin tipping and is rumored to support multiple cryptocurrencies, which will likely include Doge, BNB, and BTC. Twitter also revealed NFT Tweet Tiles. This at face value might be very bullish for us, but both companies are also not doing well.

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Meta is not doing well!

Meta's stock is 76% down from all time high and Meta is losing billions every year. This will not change in 2023. Jim Cramer even broke down near crying for having shilled the company. The last big revelation after billions of Dollars invested was that the avatars finally had legs.

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Twitter is not doing well!

Twitter's stock is down about 35%. Since Elon Musk took over, Twitter is in chaos. For instance, Elon has fired 50% of the staff and many companies stopped using Twitter for ads. Even Joe Biden, President of the United States, attacked Elon Musk. Twitter is losing a lot of money every day.

https://preview.redd.it/1oaovd78u3y91.png?683&format=png&auto=webp&s=19152da87098cc756a9c4d69131c4d3f1c77deff

Questions

• What is your opinion on the chaos at Twitter and Meta? Do you think these companies could perish or are they too big to fall?
• What will the consequences be for crypto and for crypto adoption?