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HomeAltcoinsElon Musk plans to make Twitter more accessible by adding cryptocurrency

Elon Musk plans to make Twitter more accessible by adding cryptocurrency

On June 17, Elon Musk discussed in a Q&A session with Twitter employees about his plan for the social media company, Twitter. He believes that including cryptocurrency in the social media programme “makes sense.”

Details of Musk’s most recent encounter with Twitter employees in a virtual town hall have emerged for the first time since he agreed to acquire the social network for $44 billion earlier this month.

According to reports, the business magnate emphasised the necessity for a payments connection that would allow for frictionless money transfers between users. He also called for an integrated payment system that would allow crypto transactions.

“I think it would make sense to integrate payments into Twitter so that it’s easy to send money back and forth.” And if you have currency as well as crypto. Essentially, whenever somebody would find it useful.”

Musk sees three crucial categories as news, entertainment, and payments. He also emphasised the platform’s widespread crypto fraud and proposed making the algorithm “open source” so that users may “critique it, enhance it, uncover errors, perhaps, or prejudice.” He feels that this approach will promote openness and confidence.

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Jeewan Singh
Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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