Elon Musk Hints Twitter Will Integrate Crypto Payments if His Takeover Bid Is Successful

Tesla CEO Elon Musk has advised integrating crypto bills into Twitter. “My goal would be to maximise the usefulness of the service,” he informed Twitter’s personnel in his first all-fingers meeting with them.

Twitter’s First All-Hands Meeting With Elon Musk, Integrating Crypto Payments

Tesla and Spacex CEO Elon Musk, who may additionally emerge as the new proprietor of Twitter Inc., had his first all-arms assembly with Twitter’s employees Thursday.

Musk spoke back many questions about how he plans to run the social media business enterprise if his bid to shop for Twitter is a success. However, the $44 billion deal is presently on preserve, and Musk has accused Twitter of a fabric breach of the merger agreement.

During the meeting, Musk noted crypto a few instances, consistent with a leaked transcript of the meeting and a leaked video posted through Project Veritas.

Leslie Berland, Twitter’s leader advertising officer, asked Musk: “Can you communicate a little bit approximately Twitter and bills?”

The Tesla boss started out via mentioning that “money is basically a shape of records,” including that it's miles “basically digital.” He brought:

    I suppose it'd make feel to integrate bills into Twitter in order that it’s easy to ship money backward and forward, and fiat foreign money as well as crypto  basically, whatever anyone might locate beneficial.

“So my goal might be to maximize the usefulness of the service — the more useful it is, the higher. And if you can still use it to make convenient bills, that’s an increase in usefulness,” he clarified.

Crypto Scams and Spam Accounts

Berland additionally asked Musk approximately a few issues he sees with Twitter. The Tesla CEO spoke back:

    There’s certainly an ongoing undertaking with Twitter with bot debts and spam money owed. There’s pretty a variety of crypto scams on Twitter.

“It’s gotten better, but there’s nonetheless a truthful bit of that,” he persevered. “There are also people wherein they’re not always bots, but they might be operating. You understand, one person’s working loads of debts and seeking to lead them to appear like individuals, however they’re no longer.”

Musk previously stated that the unsolicited mail bot is the single maximum annoying trouble on Twitter and he vowed to defeat it “or die trying,” if his bid to buy the social media platform succeeds.

Transparency, Trust, and Free Speech

Musk further defined to Twitter’s employees: “I assume it’s extraordinarily critical that there be transparency. So that’s why I’m an advocate of having the algorithm be open source in order that humans can critique it, improve it, discover bugs, doubtlessly, or bias.”

Noting that “transparency manifestly increases accept as true with,” the Spacex boss emphasised:

    I suppose that believe is extraordinarily important, and then just the usefulness of the device — disposing of type of troll farms and bots and spam is notably crucial.

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