I share my feeling with Linus about how noisy Twitter is, and how it is not designed to record thoughts, which I may want to occasionally share, but have no mean to get other people's thoughts on.
Why don't you just use Twitter, then? I hear you asking. I could, but there are a few problems with Twitter. First, Twitter is extremely noisy. There's a million other people vying for your attention next to what I have to say. Twitter is also quite limiting, not just in the character count, but also in that they only let you write in plain text, without any formatting unless you resort to ugly Unicode hacks. Lastly, Twitter is great for "in the moment" discussion in public, but it's not so great as a reference you can link to from the future, and as a historical record of my thinking and work. I wanted a place more purpose-built, more focused, and more permanent for my less permanent thoughts and updates.
That's the reason why I set up this stream instance.