Tesla CEO Elon Musk has suggested in a recent Twitter post the idea of enabling Twitter Blue subscription with Dogecoin cryptocurrency. threw out. Musk also suggested distributing authentication checkmarks and removing ads for anyone who signed up for the service.
“Anyone who signs up for Twitter Blue (that is, pays $3 per month) must receive a verification checkmark. The price should be reduced to about $2 a month, but a 12-month payment must be made. The account should not receive a check mark for the first 60 days and should be closed without refund if used for fraud/spam.”
On top of that, the famous billionaire wants to make Twitter Blue more affordable for people around the world.
Twitter launched the subscription service in question last June to diversify its revenue sources. The service was initially available to users in Canada and Australia. In November, the social media giant also launched its premium service in the US.
Along with the Undo Tweet feature, which makes it possible to delete or edit a tweet before it’s posted, premium subscribers also get ad-free access to some of the top news sites, including The Atlantic and The Washington Post.
As we reported earlier, Musk recently bought a 9.2% stake in Twitter. The billion-dollar acquisition has made Musk the largest shareholder of one of the leading social media platforms.
The fact that Elon Musk is also joining Twitter’s board of directors shows that the richest man in the world wants to take an active role in the management of Twitter. Some argue that Musk’s vision for freedom of speech will have a negative impact on the social media platform.
Moreover, Musk is known to be a big proponent of the Dogecoin cryptocurrency, so Musk’s acquisition of a large stake in Twitter is seen as a big bullish sign for Twitter.
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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.