Binance CEO Considers Elon Musk’s Twitter Take! Will Bitcoin, Ethereum and Dogecoin Accept it?

Tesla CEO Elon Musk After a long and complicated process, the popular social media platform last week Twitter officially taken.

The world’s largest crypto exchange Binance also helped the famous name Musk in the acquisition of Twitter. In this context, Binance invested $ 500 million in Musk’s acquisition of Twitter.

Participating in CNBC’s Squawk Box Binance CEO Changpeng Zhaoexplained the reasons for helping Twitter’s new owner, Elon Musk.

Stating that Binance has many reasons to support Musk, CZ cited Twitter as a global free speech platform with strong entrepreneurship.

Adding that he also uses Twitter very heavily, CZ said, cryptocurrency He said he wanted the industry to take an active part in the freedom of speech provided by Twitter.

“We want to make sure that crypto is on the table when it comes to freedom of expression. We want to help bring Twitter to Web3 when they’re ready.

Membership fees etc. We want to help solve urgent problems such as This can be done very easily and globally using cryptocurrencies as a means of payment.”

“We want to make sure that #crypto has a seat at the table when it comes to free speech,” says @cz_binance front @binance investing $500M into @elonmusk‘s purchase of @twitter. “We want to help bring @twitter into Web3 when they’re ready.” pic.twitter.com/BmbWJqXvul

— Squawk Box (@SquawkCNBC) October 31, 2022

As it is known, Binance announced that Elon Musk was an equity investor in the acquisition of Twitter.

CZ said in a statement. “We are excited that we can help Musk bring a new vision for Twitter. We aim to play a role in bringing social media and Web3 together to expand the use and adoption of crypto and Blockchain technology. Our priority should be to reduce spam and fraud on the platform.” said.

Also, Elon Musk, known for his support of Dogecoin Bitcoin (BTC) and Ethereum (ETH) similar to the use DOGE’It is also expected to include Twitter as a means of payment.