According to @nic__carter, X/Twitter’s recent location dox is the first Western acknowledgment that platforms do not owe universal membership to the global town square, a stance he says China adopted earlier, implying more restrictive access norms by geography or identity (source: @nic__carter on X, Nov 23, 2025). For traders, the post flags platform-governance risk and elevates the censorship-resistance narrative as a market theme to monitor, while noting the post contains no policy specifics, enforcement details, or market data (source: @nic__carter on X, Nov 23, 2025).