Meta’s Twitter rival Threads to launch July 6, but will the crypto community budge?

cointelegraph.com:

Meta is planning to launch its new Twitter rival, Threads, on July 6, only days after Twitter’s “rate limit” debacle which has temporarily capped how many posts users can read per day.

The platform, which is heavily tied to the photo and video-sharing social network Instagram, is expected to be released on Thursday according to a Meta-launched countdown site. Threads has also appeared for pre-order on Apple’s App Store bearing an expected date of July 6.

Despite an arguably well-timed launch, the app appears to have seen limited fanfare, at least from Twitter’s avid crypto community.

Concerns have been raised around data mining and privacy issues and a lack of confidence the standalone app would even survive.

Crypto Twitter influencer Tiffany Fong, who has 66,600 followers on the platform, told Cointelegraph she hadn’t even heard of Threads until now, stating "I have no clue what the Meta alternative is.” Fong has an active Instagram account with 10,400 followers.

Meanwhile, an ongoing Twitter poll from crypto influencer Kyle Chassé, a self-proclaimed “Bitcoin and crypto OG” has seen over 87% of the 125 respondents signal support for “Team Twitter” over “Team Meta.”

META IS ABOUT TO RELEASE 'THREADS' ON JULY 7thWhich team are you on?

Former Twitter CEO Jack Dorsey highlighted the Threads app privacy policy which indicated that Threads developer, Instagram Inc, would have access to a wide array of user data including financial info and identifiers.

All your Threads are belong to us https://t.co/FfrIcUng5O pic.twitter.com/V7xbMOfINt

However, Twitter has almost exactly the same permissions as Threads and collects similar data, according to researchers who responded to Dorsey's post.

Others have raised concerns over the possible