Aave Founder and CEO Stani Kulechov Shares Opinion On His Temporary Ban On Twitter

The CEO and Founder of Aave, Stani Kulechov  sat with Emily Chang of Bloomberg TV to share some opinions on his brief suspension from Twitter last week. The ban which was the consequence of a joke tweet by Kulechov was time-stamped at 2:48 pm, 5 days ago. According to Kulechov, the post that he was appointed the interim CEO of Twitter was meant as a joke. But the platform managers saw things differently, resulting in the suspension of his Twitter account.

Suspended for 24 Hours

After making the post, Kulechov outlined a 90-day roadmap he said was essential considering that Elon Musk would make the platform private. He also stated that Twitter will be made more open. The suspension was lifted 24 hours later, after some of his followers trended a hash-tag for him to be lifted.


Twitter was recently acquired by the CEO of Tesla, Elon Musk with the intention of making the platform free from any form of censorship.

Emily Chang asked Kulechov the effect of free speech on what people have access to if such information could be false such as the offending tweet he made days ago. Kulechov said that people who use social media as channels of communication sometimes have worked hard to build such large followers and that free speech implies that they should be able to have access to their followers who want to listen to what they have to say.

He maintained that the essence of free speech is to give access to any form of content that they are interested in. According to him, this is the whole essence of the decentralization concept.

What is True And What is False?

Emily said that even though Twitter took Kulechov’s tweet seriously as they shouldn’t have, it still raises the question of how to know what is genuine news and what is fake. Kulechov maintained that people should be free to listen or access the information that they’re interested in. He also said that the blockchain is designed to make everything decentralized, adding that situations whereby big players control what people access should be discouraged.

A Decentralized Social Medium

He said that Aaves is working on a decentralized social platform using its Lens Protocol that encourages developers to build in a way that users cannot be locked out. He said what platforms should be looking at is open algorithms. These should give every user the insight on how things are.


Author: Jinka Kamma

Jinka Kamma is passionate about the prospects of blockchain and the freedom cryptocurrencies afford people across borders. He holds small amounts of bitcoin and tether.