Elon Musk Turns into “Chief Twit”, Crypto Would possibly Be a A part of Twitter By CoinEdition

• Musk calls himself “Chief Twit” after sealing the $44 billion Twitter deal.
• Whereas Musk and crypto have had their ups and downs, he’s largely seen as an ally.
• Twitter customers may benefit from integrating crypto funds and preventing bots, he mentioned.

The world’s richest man completes his blockbuster Twitter buy. As per the newest experiences, Elon Musk closed his $44 billion after months of waffling, lawsuits, verbal mudslinging, and almost a trial.

Musk’s acquisition of Twitter is basically seen as a optimistic growth for Web3, suggests experiences. The Tesla (NASDAQ:) CEO’s motive to begin a social media firm primarily based on blockchain know-how was earlier disclosed in a textual content message days earlier than he supplied $43 billion to purchase Twitter.

On Thursday, 4 of Twitter’s prime executives obtained fired by Musk, together with its chief government and monetary officer.

In a video posted to Twitter yesterday, Tesla and SpaceX’s CEO walks into Twitter headquarters with a sink, captioned, “Coming into Twitter HQ – let that sink in!.” Musk has additionally shared a tweet that underlined his intentions of clearing the censorship facet of Twitter.

the hen is freed

— Elon Musk (@elonmusk) October 28, 2022

The textual content despatched by Musk to his entrepreneur brother Kimbal Musk says,

I’ve an concept for a blockchain social media system that does each funds and brief messages/hyperlinks like Twitter. It’s important to pay a tiny quantity to register your message on the chain, which can lower out the overwhelming majority of spam and bots. There isn’t a throat to choke, so free speech is assured

Moreover, Musk has mentioned including crypto and fiat forex cost options to Twitter. It seems Twitter is creating instruments according to Musk’s imaginative and prescient by integrating crypto wallets into its infrastructure.

Twitter has regularly entered the funds part with the addition of a tipping characteristic utilizing cryptos together with , in 2021 and Ether this yr.

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