Unlike Bill Gates, who believes that cryptocurrencies and NFTs are worthless, Elon Musk advocates digital assets. The Tesla boss is also one of the supporters of Dogecoin, which has been talked about a lot over the past two years. Today, Musk intends to buy Twitter. And while the finalization of the deal is still ongoing (with some incidents), on wonder what will happen plans Tesla’s crypto boss after he bought Twitter. It is worth noting that, given that former Twitter boss Jack Dorsey also handled digital assets, the network social has already acquired quite a few crypto features, such as the ability to make crypto donations to creators, or even support for NFTs as profile pictures.
Twitter: Elon Musk may have inspired China’s WeChat app
And logically, in the era of Elon Musk, Twitter should continue to gain momentum. Today, thanks to the correspondence between Musk and Twitter employees, published by Vox, on already has little understanding of the functionality associated with cryptocurrencies that the network social could quit. In response to an employee’s question about payments, Elon Musk indicated that he wanted to integrate Twitter’s payment functionality so that the app could send and receive money. And this feature may not be limited to fiat currencies, but also include cryptocurrencies. “News, entertainment and payments, I think those are sort of three critical areas,” he said. According to him, the more useful the platform is, the more users will need it and the more difficult it will be for them to part with it. Elon Musk has previously explained that he wants to make Twitter an app comparable to WeChat. In China, it not only allows you to exchange messages, but also integrates many features, including payments, VTC, etc. “If you are in China, you kind of live on WeChat, it does everything. It’s like Twitter, plus PayPal, plus a bunch of other stuff. And all in one and […] great interface. It’s a really great app,” the Tesla boss explained during an appearance on the All-in. Otherwise, when son exchange with Twitter employees, Elon Musk also discussed bots and fake accounts (an issue that threatened the alleged acquisition), as well as cryptocurrency scams circulating on the network social.
Here comment Musk can fix fake accounts and crypto scams
On this occasion, Musk pointed out that there are many cryptocurrency scammers on Twitter, but admitted that the situation has already improved. Among the solutions Elon Musk explored is a paid Twitter Blue subscription. In fact, Twitter could use this subscription as a means of verification in the future, since using the payment system to subscribe to Blue would serve to verify that the account is not a bot. Twitter’s algorithms could then prioritize messages from people who have been verified in this way. Obviously, since this information does not come from an official source, but from a leak, caution is needed. On the other hand, all these projects can only be realized after Twitter is actually acquired by Elon Musk (and his partners).