Less than two weeks have passed since Elon Musk acquired Twitter (NYSE:TWTR), and it already seems like he has a clear vision for how the network should develop.
He sacked the whole management team on the first day, and then the majority of the workers a few days later. Verification with the blue hook should generate more cash in the future because it will soon have a monthly fee of $8.
Musk was already suggesting a few months prior that using cryptocurrency to pay for premium services on Twitter could be conceivable. He claims that the Dogecoin would be a particularly intriguing use in this scenario.
According to the Financial Times, the approval process with US officials is already in motion, demonstrating that this is more than just an obsession—there is a strategy in the works. be carried out.
It is to be anticipated that additional payment methods will be made available right away after being authorized. According to Musk, Twitter will evolve quickly in comparison to what has occurred thus far:
“You know I’m a technologist and I can implement technologies quickly. And that’s exactly what’s going to happen with Twitter.”
What part Binance will play in all of this is yet unknown. However, given that Bitcoin contributed $500 million to the Twitter agreement, it should unavoidably lead to the best possible use of the consequent synergistic benefits.
In addition to top-tier cryptocurrencies like Bitcoin and Ethereum, Dogecoin should also be included among the new payment methods.