Elon Musk bought Twitter and is coming with a new payment method and other updates. Is that shocker for you? Though it is enormous hot flash news, there is nothing astonishing about when Elon Musk is at the wheel as the driver.
Elon Musk revealed his plans for new payment methods in a livestreamed meeting with Twitter advertisers, hosted on Twitter Spaces. Of course, the news leaks sent the social media network Twitter and the cryptocurrency business skyrocketing with the new payment method.
Despite the current trend, Twitter has completed all required paperwork for additional payment methods. This new filing might be none other than the cryptocurrency itself.
Elon Musk’s Business or Twitter’s Appraisal
The acquisition of Twitter by Elon Musk transformed the face of anything and everything, including the whole crypto business. There are many cryptocurrencies, exchanges, and other crypto companies that rely only on Twitter for much of their advertisements and public education as the single official media channel.
However, it is the same for the Twitter media platform, which has undergone multiple breakouts with rumors of staff reductions and much more circulating since Elon Musk purchased it. In such a stake, Elon Musk has now unofficially gained control of everything since he holds the most powerful media platform in his hands.
Similarly, Elon’s daily announcements of fresh brand flash news, such as acquiring a verified account for just $8, is a legitimate business approach. With the commencement of such an announcement, news about Twitter’s filings for new payment methods, which might be none other than cryptocurrency, emerges.
Elon Musk made a deft move by spawning two enterprises from a single concept. Many people assumed that Dogecoin (DOGE) would be at the top of the list of Twitter payments. The past of Elon and DOGE speaks for itself.
— KhalĐoge79🚀 (@dogesuppporteam) November 10, 2022
As a result, Elon is set to earn much more billions with the new blue tick verified Twitter option for a fee of $8, followed by all payments being made in cryptocurrency.