The Twitter founder has donated the funds to the OpenSats non-profit, half of which will be used to fund Nostr, a new social protocol that lets social network developers easily integrate with bitcoin.
I just don't see how it could hurt. What would he do tell everyone he's going to stop funding if they don't censor more? He was never the one driving censorship. He was just being a push over. And you can't get more censored than the fediverse in my opinion.
I don't love the bitcoin stuff but it is nice they are making it easier to donate to foss projects.