“Crypto payments could come to Twitter”

Elon Musk met with Twitter staff yesterday, June 16 , to discuss the future of the platform. This is reported by the US news portal Vox .

The Tesla boss emphasized that the short message service absolutely needs a payment function. “It would make sense to introduce a payment function on Twitter. Be it traditional currencies or crypto.”

Twitter already has a feature where users can transfer tips in bitcoin.

In addition to news and entertainment, the feature should form one of the three pillars of the social medium.

In addition, Musk announced that he intends to take action against crypto fraud on the platform if he succeeds in taking over the social network. “There are still far too many crypto scams out there. It's gotten a little better, but cases keep coming up." The Tesla CEO is planning an anti-bot algorithm and opening up Twitter's programming code.

However, the takeover of the short message platform has not yet been finalized. After announcing the 44 billion deal, Musk initially backed down.

The reigning richest man in the world is also the focus of negative reporting due to alleged crypto scams. Musk was recently sued by a Dogecoin investor for $258 billion, as Reuters reports . The investor believes that Musk used Dogecoin as a pyramid scheme to rob investors of their money.

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