Elon Musk Thinks It Is Sensible To Integrate Currency and Crypto Payments Into Twitter
Elon Musk, the CEO of Tesla and SpaceX, stated at a virtual town hall meeting that it would be logical to incorporate digital payments on Twitter to transmit money back and forth.
JUST IN: Elon Musk says it makes sense to integrate payments into Twitter, currency and #crypto.
— Watcher.Guru (@WatcherGuru) June 16, 2022
Elon Musk stated, "Money is inherently digital at this point and has been for a long time." ” "It would make sense to incorporate payments into Twitter so that sending and receiving money is simple."
How long till Elon Musk completes his purchase of Twitter?
Musk's $44 billion transactions were most likely made during a halt in Twitter's submission of statistics on the number of spam accounts on the platform. However, the agreement appears to be on track, since Musk attended a Twitter meeting on Thursday, indicating that the deal is progressing.
With the addition of bitcoin tipping and the implementation of Ethereum functionality this year, Twitter has been in the crypto world for quite some time. For the artists, it has also introduced an NFT up tool.
Elon is also no stranger to cryptocurrency, has invested extensively in it, and intends to hold it even in the face of market volatility. Elon Musk's acquisition of Twitter and inclusion of free speech on the network have been eagerly anticipated by Twitter users.
In other breaking news, Elon Musk is being sued for $258 billion for allegedly running a dogecoin pyramid scheme. Elon and his firms are accused of "participating in a crypto pyramid scheme through the Dogecoin cryptocurrency," according to the lawsuit.
A US individual named Keith Johnson is suing for $86 billion in damages and an additional $172 billion in losses for trading dogecoin in 2019. He also represents a number of other investors in dogecoin who have lost money due to litigation. Elon Musk has yet to reply to the lawsuit or the claims leveled against him.