Elon Musk recently purchased a 9.5 percent interest in Twitter and joined the board of directors last week. The tech mogul is committed to enhancing Twitter and limiting the effect of fraudulent accounts and bots on the network.
To get away with it, Elon Musk earlier today tweeted about having a monthly subscription for Twitter Blue that would provide individuals with authenticating checkmarks. However, this is not the same as verifying official accounts or public people. Musk stated on Twitter:
“Everyone who registers up for Twitter Blue (which costs $3 per month) should receive an authentication checkmark.” However, it should be distinct from the “public figure” or “official account” checkmarks.”
Twitter Blue will also include a slew of new features. This contains, among other things, an undo tweet option, bookmark folders, and a readers mode. Musk argues that the $3 monthly subscription will “massively enlarge the verified pool and make bot armies prohibitively expensive to sustain.”
In addition, Musk recommended a Dogecoin payment option (DOGE).
“Maybe even an option to pay in Doge?” He continued.
Twitter, according to the tech mogul, has to minimize its reliance on the power of companies to pay for adverts. This would assist it in breaking free and making more user-centric decisions.
Elon Musk’s Addiction to Dogecoin
Elon Musk, the tech entrepreneur, has been a strong advocate of Dogecoin (DOGE). Musk managed to temporarily boost the DOGE price on Friday, April 8, by including Dogecoin’s Shiba Inu dog mascot in the “Cyber Rodeo” event during the launch of Tesla’s new gigafactory.
Elon Musk also stated that Tesla is working on futuristic charging stations where consumers would be able to pay in DOGE. Musk’s backing aided Dogecoin’s rise to the top ten largest digital assets by market capitalization.
Just as Twitter launched its ETH tipping tool, Dogecoin’s founder has proposed a similar feature for DOGE. With Musk on board, anything is possible.