Musk Proudly Owning Twitter Might Be Excellent News For DOGE, Crypto Basically
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Tesla CEO and tech billionaire Elon Musk introduced this week his revived deal to buy Twitter, which many industry watchers assume is excellent news, particularly for Dogecoin and the whole cryptocurrency industry.
Although Musk has been trying to back out from purchasing the micro-running a blog site for a few months, he introduced Monday he was ready to purchase it after all the drama. The tech billionaire provided to take the company personal at a proposed price of $5.20 per share, suggesting one of the dramatic authorized points in Silicon Valley is coming to an finish.
Musk mentioned previously some ideas he wanted to do with Twitter, but due to the textual content messages revealed throughout the legal battle, it seems like the social media platform will not be business as typical, should the purchase successfully push via. Apparently, investment group Crypto Rand shared some particular adjustments the Tesla CEO would make when the deal was officially closed.
In keeping with them, the changes would come with the addition of the highly requested Edit button, elimination of bots and the inclusion of crypto purchases.
“So it appears that #ElonMusk will make the next changes to #Twitter: Add #edit button, Lower down on #bots, Probably allow #Crypto purchases,” the tweet learn.
So it appears that #ElonMusk will make the next adjustments to #Twitter:
🔶Add #edit button
🔶Cut down on #bots
🔶Possibly allow #Crypto purchases
What changes do you need to see in Twitter?
I learn you 👇 pic.twitter.com/Icoypi3hLi
Curiously, when the tech billionaire talked to Twitter employees in June, he shared a few of his crypto plans for the social media platform. Throughout the all-hands digital assembly, Musk introduced up the potential for copywriter together with crypto cost on Twitter, and mentioned it “would make sense to integrate funds into Twitter so that it is simple to send cash back and forth” adding that it may characteristic help for “forex as well as crypto.”
Furthermore, Musk also informed Twitter workers his goal for the corporate “could be to maximize the usefulness of the service – the extra helpful it is, the higher. And if one can use it to make handy payments, that is a rise in usefulness.”
Furthermore, he shared funds, information and entertainment are strategic areas that pump high user activity, and with broad integration to the platform, customers can look at the social media platform as “something everyone wants to make use of.”
It’s value noting that Musk’s statement about integrating crypto fee on Twitter was made in June. It is not yet confirmed if he remains to be pushing to materialize this plan.
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