Will Elon Musk’s Twitter cause a bitcoin and crypto big bang?

Posted Nov 3, 2022, 5:19 PMUpdated Nov 3, 2022, 6:53 PM

Before Musk, Twitter had never really been hostile to cryptos, in line with the ideas of Jack Dorsey, one of its co-founders, who never hid his enthusiasm for bitcoin and non-fungible or NFT tokens. For nearly a year, the group has even allowed its users to pay “tips” (tip), first in bitcoins and then in ethers, to content creators on Twitter. But the takeover of the social network by Elon Musk raises new hopes tinged with caution in the cryptosphere. Under his leadership, the possibilities could be expanded “Crypto is the limit!” “. Elon Musk is a risk-taker and crypto could help him change Twitter from the ground up. Ahead of the automobile and the conquest of space, the market does not rule out a big bang on the Web3.

Can the $8 per month subscription to be able to certify your account be paid for in crypto like bitcoin and dogecoin? The surge of the MASK crypto, whose price has multiplied by more than 4 in 7 days shows that the market is speculating on winning cryptos in Elon Musk’s new Twitter. Crypto brings characteristics of Web3 to social networks like Twitter. Binance, new shareholder of the group, has already launched a derivative product on three cryptos (dogecoin, binance coin and mask). They could be the ones that will be used more in the future on Twitter.

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