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Elon Musk wants to see payments using DOGE on the social network Twitter! – Will it be possible?

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Elon Musk, the richest man on the planet and owner of Tesla, recently acquired a 9.5 percent stake in the social network Twitter and joined the company’s board of directors. The billionaire has decided to buy “part” of Twitter and plans to significantly improve it. In particular, it wants to limit the impact of fraudulent or fake accounts and robots on the platform. He also thinks, of course, about integration of the popular cryptocurrency DOGE!

Twitter has new strength!

Elon Musk stated on Twitter that he had obtained a monthly subscription to the Twitter Blue service, which will provide certain individuals with so-called verification marks. However, this is different from verifying official accounts or public figures.

Musk shares:

“Anyone who registers on Twitter Blue (paid $ 3 a month) should receive a verification mark. However, it should be different from the “public” or “official account” tags.

In addition, Twitter Blue should come up with a number of other features. In the near future, this should include the ability to undo tweets, bookmark folders, and more. Musk believes the $ 3 monthly subscription will “massively expand proven profiles and make the shoe army too expensive to operate.”

In addition, Musk also suggested the possibility to pay his favorite cryptocurrency Dogecoin (DOGE).

“We may even introduce the possibility of paying with dogecoin. As such, Twitter must reduce its reliance on corporate power and pay less for their ads. Such a step would help the platform to free itself and make decisions more focused on the average user, “said the owner of Tesla.

Elon Musk, DOGE and Twitter – an unexpected combination

As a crypto community, we know that Elon Musk has long been a clear supporter of the controversial Dogecoin project (DOGE). On Friday, April 8, Musk did a little “Pump” of the DOGE prize by presenting a light show showing DOGE. It took place at the “Cyber ​​Rodeo” event during opening new Tesla plant in Texas, USA!

In addition, there Elon Musk said that his company Tesla works on futuristic charging stations, where it will allow users to pay using the cryptocurrency DOGE. Musk’s support and all that “hype” helped Dogecoin become one of the ten largest digital assets by market capitalization.

Even when Twitter announced its reward function, then the founder of Dogecoin proposed a similar function for DOGE. Since Elon Musk now has the opportunity to influence the company’s decisions, it is quite likely that a similar step could be taken.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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