Elon Musk considers Twitter as a platform for crypto payments 

Elon Musk expressed that it “makes sense” to add digital payments to the Twitter platform.


In a virtual all-hands meeting, Musk mentions that Money is fundamentally digital at this point and has been for a while, he also cites that “It would make sense to integrate payments into Twitter so it’s easy to send money back and forth.”

Elon Musk, who is the CEO of Tesla and SpaceX, has an agreement to buy Twitter for $44 billion. Even though some people have suspicions about whether or not the deal will go through, Musk’s presence at Thursday’s meeting shows that he is at least fairly committed.

In the past Twitter has played around with cryptocurrencies in the past. Its then-CEO, Jack Dorsey, added the capability to tip with bitcoin (BTC) in 2021, and it added the proficiency to use ether (ETH) earlier this year. Twitter was also the first company to try out a pristine program from payments processor Stripe. In April, Stripe released a feature that allows Polygon users to pay in USDC.

Elon Musk Being Sued? 

In another report, a US citizen is preparing to sue Musk, SpaceX, and Tesla for $258 billion on behalf of investors. He believes that investors were fooled by a dogecoin (DOGE) pyramid scam.

Musk has shown his backing for dogecoin frequently, including when he said in May that SpaceX products, like Tesla products, will soon be able to be purchased with the meme coin.

Hungry for more information?

Check out the Latest NFT News!

For more interesting updates on NFTs, connect with NFTHI on Twitter and Instagram.

Join us on Telegram!

NFTHI does not recommend any kind of Investment in NFTs or NFT trading. All the strategies are merely educational references.

Conduct thorough research before you start with NFT trading.

Share This Post

Related Posts

GameStop adds support for Web3 gaming NFTs in its marketplace with Immutable X

Video game retailer GameStop recently announced that it has...

Colorado State in the US becomes the first to allow Bitcoin as a payment for Taxes

The authorities of Colorado announced that state citizens can...

Warner Bros reveals Ethereum Compatible NFTs for Lord of the Rings

Warner Bros. is releasing NFTs for its popular film of 2001...

FTX and Ledn are in a battle for getting the stakes in BlockFi

Both prominent crypto exchange FTX and crypto lender Ledn have reportedly entered the...