- Initial bold moves of Elon after taking over Twitter.
- Betting in the game of crypto through changing the rules in the social media platform.
- Influence of Musk in the crypto industry.
Peeping inside the Picture
Elon is habitual to make bold and remarkable moves that prove disruptive. The subscription layer model that he has introduced is like killing two birds with one stone.
It will help in achieving a few objectives such as representation of information and content along with changing it apart separately from advertising.
The Mirage built by Satoshi Nakamoto confuses users to look at the coins. But HOLD ON! The real game is in the technological structure that exists in the platform.
According to The Coin Republic, Sahil Gupta, a Former intern at SpaceX, supports the rumors that Elon Musk is Satoshi Nakamoto.He reconnected that the Centibillionaire PayPal’s founder wrote a software code that is similar for his initial firms X.Com and Zip2. It was also utilized in peer-to-peer transactions.
As per reports, C++ was the language that was used in X.Com’s source code and was called “monolithic”, cloning with that of “Bitcoin”.
Further on 9 March, 2022, he also posted a meme on Twitter comparing the pseudonymous Satoshi Nakamoto with Asian giant companies and corporations such as SAmsong, TOshiba, NAKAmichi and MOTOrola.
Smashing Moves One after the Other
After conquering Twitter, he soon mocked users with a chokeslam.Now any user will need to pay only $7.99 per month for their BLUE TICKS. New confirmations have been wrestled publicly that Elon will start a new feature which will make politicians identifiable with unique secondary tags.
He also discussed his latest plans to launch a Content Moderation Council that enables users to present and share different shades of ideas.
Elon’s Twitter deal was also interrupted temporarily due to the confirmation data regarding supporting calculations, the total numbers of spam/fake accounts that combining represents less than 5% of all users.
Elon Musk’s logic is marching on the thoughts that those who are paying for Twitter a monthly subscription charge are less likely to be a bot or a click farm. Majority of fake accounts are not made by accidents. And the user’s identity can be found with the subscription model.
Lust to Burst
Musk middle-fingered that Dogecoin will be integrated with twitter. Also, as per the media reports, a planned crypto wallet is on hold at microblogging and social media platform. Elon too fired the CEO Parag Agrawal, CFO Ned Segal and Legal Head Vijaya Gadde, told employees that crypto payments will be a priority.
“DOGE FATHER” also wrapped the crypto market around his tips leading to the rise and falls of certain coins. He has been a Dogecoin advocate for a long time. The “Most Important Man on the Earth” is always in the news in the crypto industry for some reason.
Source: https://www.thecoinrepublic.com/2022/11/09/what-trembling-will-elons-twitter-subscription-model-give-to-the-crypto-industry/