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Elon Musk integrates payment system on Twitter, Dogecoin flies away

by Hashem Ali
July 3, 2023
in Technology
2 min read
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After he tidied up (if any arrive) on Twitter, what will plans Elon Musk? This weekend the new network boss social posted a set of slides supposedly taken from a company meeting. On the first slide on reads what Twitter is typing (after vague mass layoffs). Elon Musk also shares charts showing the growth in Twitter users and the progress that could be made with moderate controls. The last two slides then include the changes Musk wants to make to the platform. The images are particularly reminiscent of ads, videos, encrypted messages, and long-form posts, as well as the launch of Blue Verified, a new paid offering that should include access to a blue certification badge. But apart from this, Elon Musk’s slides also mention payments. Unfortunately, they don’t provide more details, but it looks like Twitter’s short-term plans include the introduction of an in-app payment system.

Slides from my Twitter talk peak.twitter.com/8LLXrwylta — Elon Musk (@elonmusk) November 27, 2022

Payments arrive on Twitter

And while Musk didn’t mention any cryptocurrencies, this tweet was enough to make Dogecoin worth the cryptocurrency it is. grand fan flies away. According to the Coin Telegraph website, after the publication of this tweet, the value of Dogecoin increased by 19.4%, reaching 0.107. dollar. Apparently this value has stabilized since then. At the time of this writing, one Dogecoin is worth 0.95. dollar. In any case, the reaction of investors indicates the connection of this cryptocurrency with the owner of Twitter. Musk has repeatedly praised the virtues of this cryptocurrency. As well as son Tesla already accepts payment in Dogecoin for certain products. As for Twitter, he has not yet mentioned the possible integration of cryptocurrencies into the network. social. But investors are hopeful that Musk will integrate Dogecoin into this future Twitter payment system. It should also be noted that in his series of slides, the network boss social calls “Twitter 2.0” or “the app for everything”. If Elon Musk bought the network social, this one plans to turn the platform into an analogue of WeChat for the West. In China, this application is considered super- the application because it includes all the features that on needs daily. In addition to messaging, it includes a payment system and allows you to order food online, for example.

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