When Elon Musk, who is at peace with cryptocurrencies, officially took over Twitter, rumors began to circulate on Crypto Twitter. Accordingly, with Elon Musk at work at Twitter, it’s only a matter of time before he starts integrating crypto payments. If Twitter starts crypto payments, the day will be born for these coins!
Are Twitter crypto payments starting with the influence of Elon Musk?
According to the crypto Twitter community, it’s only a matter of time before Twitter starts integrating crypto payments into its services. After all, now Elon Musk is in charge. Accordingly, the promotion of cryptocurrencies on the social media platform is now more likely than ever before. In this context, it becomes even more important to evaluate which cryptocurrencies will have a chance to take part in Twitter payments.
Meanwhile, recently, reports have suggested that Musk wants to introduce a subscription fee for Twitter users. So this has led to speculation that cryptocurrencies will soon be introduced to pay Twitter subscription fees. It is clear that the majority of Twitter users are reluctant to opt for the subscription-based service. However, it’s possible that this move could be a big game changer. Experts say the subscription-based business model will not only help Twitter’s revenue, but also solve its content moderation problem.
cryptocoin.comAs you follow, the Tesla CEO made quite a bit of noise before Twitter took over about the need to eliminate trolls, spam accounts and bots from the platform. In fact, Elon Musk recently said that he wants Twitter to be a more reliable platform.
What are the best options for Twitter integration?
Meanwhile, it’s possible for several cryptocurrencies to benefit from potential Twitter crypto payments integration. Crypto phenomenon Ran Neuner believes that if the move continues, Binance’s stablecoin BUSD could also be leveraged. Everyone knows Elon Musk’s support for Dogecoin (DOGE). Therefore, meme coin is the first crypto that comes to mind for crypto payments. Thanks to its scale and impact, Bitcoin (BTC) also has a chance with DOGE. Meanwhile, Tesla already allows certain purchases of Tesla products with DOGE.
Ran Neuner states that Twitter may soon launch crypto payments between individual users. He says Bitcoin, Dogecoin (DOGE) and BUSD are among the first options for consideration. In this context, Neuner makes the following statement:
I suspect Twitter will soon launch Blockchain payments between users. I imagine the options would be like this. I guess there is no need to explain Bitcoin. DOGE is also on the list because of Elon Musk’s love of trolls. Also, BUSD as Binance is one of the biggest investors.
According to experts, besides these cryptocurrencies, Twitter may also consider adding Ethereum (ETH) and Shiba Inu (SHIB) considering the popularity of the projects. Most recently, Elon Musk fired the previous Twitter board of nine members. Musk fired three senior executives, including CEO Parag Aggarwal, after he took over last week. He later made himself the sole director of the company.
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