Elon Musk advocates for crypto payments on Twitter

Free Bitcoins: FreeBitcoin | BonusBitcoin

Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining


Elon Musk has endorsed cryptocurrencies in his other businesses, such as Tesla and SpaceX. The world’s richest person is currently eyeing a Twitter takeover, and cryptocurrencies could be integrated into the social platform, according to a leaked Q&A session with Twitter employees.

Musk proposes crypto payments on Twitter

During the leaked Q&A session, Musk shared details on how cryptocurrencies could be integrated into Twitter. A transcript of a meeting between Musk and Twitter employees was published by Vox, with Musk saying that crypto was a “critical area” for Twitter.

Musk noted that money had become “fundamentally digital at this point.” Therefore, it made sense to adopt payments on Twitter, adding that these payments would include both currency and crypto.

The Tesla CEO said that the objective was to maximize the use cases of the social media platform by making it possible for users to use it to make convenient payments. He added that Twitter needed to revolve around three main areas: news, entertainment, and payments, so that people “can’t live without it and that everyone wants to use it.”

Buy Bitcoin Now

Your capital is at risk.

Musk is currently the largest shareholder on Twitter, and he has already initiated the process of taking over the company and making it private. Musk’s plans for Twitter are focused on making the social platform similar to WeChat. WeChat is a social platform in China that offers a wide range of services, including payments, food delivery, and cab services.

|6810a45dea7c62d53157f167d9f0f093|

Since Musk announced his interest in buying Twitter, he has expressed his distaste for bots and scams on the platform. In the leaked Q&A session, Musk noted that were a lot of crypto scams on Twitter.

“There are also people where they’re not necessarily bots, but they might be operating. You know, one person’s operating hundreds of accounts and trying to make them look like individuals, but they’re not,” he added.

The Tesla CEO also said that Twitter needed to offer transparency for people to have trust in the platform. He further stressed in his previous remarks that Twitter’s code needs to be made open-source so people can assess it, identify any vulnerabilities and improve it.

Musk has openly spoken out against bots on Twitter. After making his $43M bid to buy the company, Musk said that the takeover had been paused until Twitter provided details about the number of bot accounts on the platform.

Read more:

Lucky Block – Our Recommended Crypto of 2022

Lucky Block
  • New Crypto Games Platform
  • Featured in Forbes, Nasdaq.com, Yahoo Finance
  • LBLOCK Token Up 1000%+ From Presale
  • Listed on Pancakeswap, LBank
  • Free Tickets to Jackpot Prize Draws for Holders
  • Passive Income Rewards – Play to Earn Utility
  • 10,000 NFTs Minted in 2022 – Now on NFTLaunchpad.com
  • $1 Million NFT Jackpot in May 2022
  • Worldwide Decentralized Competitions
Lucky Block

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.



[ad_2]

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close