Trump-linked SPAC stock DWAC suffers huge decline on former president’s social media plans

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The ex-president added, “We are inviting people of all political stripes, and all different viewpoints, to come and participate once again in the great American debate. That’s what our country is supposed to be about.”

Furthermore, Trump said, “Unlike with the Big Tech platforms, there will be no shadow-banning, throttling, demonetizing, or messing with algorithms for political manipulation. We will not be treating users like lab rats for social experiments, or labeling alternative views as ‘disinformation.’ We will not silence our fellow citizens simply because they might be wrong or worse because we think that Americans can’t handle the truth.”

Moreover, the ex-president said his company plans to offer an on-demand video streaming service to compete with the “increasingly ‘woke’ and politicized ‘entertainment’ programming created by Big tech and Big Media players.”

Trump decided to launch Truth Social after Twitter (NYSE: TWTR) and Facebook (NASDAQ: FB) banned him from their platforms for provoking the attack on the U.S. Capitol on January 6.