Saturday, February 4, 2023
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
BitScoop
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT
CRYPTO MARKETCAP
BitScoop
No Result
View All Result
Home Crypto Updates

Elon Musk Hints Twitter Will Combine Crypto Funds if His Takeover Bid Is Profitable – Featured Bitcoin Information

by BitScoop
June 19, 2022
in Crypto Updates
Reading Time: 4 mins read
A A
0
Share on FacebookShare on Twitter

Related articles

Indonesia To Launch National Crypto Exchange By June 2023

February 4, 2023

The White House Is Concerned About Crypto

February 4, 2023


Tesla CEO Elon Musk has advised integrating crypto funds into Twitter. “My aim can be to maximise the usefulness of the service,” he informed Twitter’s staff in his first all-hands assembly with them.

Twitter’s First All-Palms Assembly With Elon Musk, Integrating Crypto Funds

Tesla and Spacex CEO Elon Musk, who could turn into the brand new proprietor of Twitter Inc., had his first all-hands assembly with Twitter’s staff Thursday.

Musk answered many questions on how he plans to run the social media firm if his bid to purchase Twitter is profitable. Nonetheless, the $44 billion deal is at present on maintain, and Musk has accused Twitter of a fabric breach of the merger settlement.

Throughout the assembly, Musk talked about crypto just a few occasions, in accordance with a leaked transcript of the assembly and a leaked video posted by Undertaking Veritas.

Leslie Berland, Twitter’s chief advertising officer, requested Musk: “Are you able to discuss somewhat bit about Twitter and funds?”

The Tesla boss started by stating that “cash is basically a type of info,” including that it’s “essentially digital.” He added:

I believe it could make sense to combine funds into Twitter in order that it’s straightforward to ship cash forwards and backwards, and fiat foreign money in addition to crypto — basically, no matter any person would discover helpful.

“So my aim can be to maximise the usefulness of the service — the extra helpful it’s, the higher. And if one can use it to make handy funds, that’s a rise in usefulness,” he clarified.

Crypto Scams and Spam Accounts

Berland additionally requested Musk about some issues he sees with Twitter. The Tesla CEO replied:

There’s positively an ongoing problem with Twitter with bot accounts and spam accounts. There’s numerous crypto scams on Twitter.

“It’s gotten higher, however there’s nonetheless a good bit of that,” he continued. “There are additionally folks the place they’re not essentially bots, however they is likely to be working. You recognize, one particular person’s working a whole lot of accounts and making an attempt to make them appear to be people, however they’re not.”

Musk beforehand stated that the spam bot is the one most annoying drawback on Twitter and he vowed to defeat it “or die making an attempt,” if his bid to purchase the social media platform succeeds.

Transparency, Belief, and Free Speech

Musk additional defined to Twitter’s staff: “I believe it’s extraordinarily vital that there be transparency. In order that’s why I’m an advocate of getting the algorithm be open supply so that individuals can critique it, enhance it, establish bugs, doubtlessly, or bias.”

Noting that “transparency clearly will increase belief,” the Spacex boss emphasised:

I believe that belief is extraordinarily vital, after which simply the usefulness of the system — eliminating kind of troll farms and bots and spam is extremely vital.

Concerning free speech, Musk stated: “I believe it’s important to have free speech and to have the ability to talk freely … It’s free speech throughout the context of the regulation. So I’m not speaking about suggesting that we simply flout the regulation, as a result of we’ll simply get shut down in that case.”

What do you consider how Elon Musk will run Twitter? Tell us within the feedback part beneath.

Kevin Helms

A scholar of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source programs, community results and the intersection between economics and cryptography.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It’s not a direct provide or solicitation of a suggestion to purchase or promote, or a suggestion or endorsement of any merchandise, companies, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, instantly or not directly, for any injury or loss triggered or alleged to be brought on by or in reference to using or reliance on any content material, items or companies talked about on this article.

Extra Standard Information

In Case You Missed It





Source link

Tags: altcoinsBidBitcoinbitcoin pricebitcoin updatesbitscoopCryptocrypto newscrypto updatesElonFeaturedHintsintegratelatest bitcoin newsMuskNewsPaymentsSuccessfulTakeoverTwitter
Share76Tweet48
Previous Post

Bitcoin and Crypto Are Sturdy Property — Costs Will Transfer Increased – Markets and Costs Bitcoin Information

Next Post

Tether confirms DDOS assault on tether.io

Related Posts

Indonesia To Launch National Crypto Exchange By June 2023

by BitScoop
February 4, 2023
0

The Indonesia crypto exchange that was to launch by the end of 2022 will now go live in June. Zulkifli...

The White House Is Concerned About Crypto

by BitScoop
February 4, 2023
0

“I think that given the events of the last fall, we were very mindful of the need to implement a...

Uzbekistan Collects Over $300,000 From Crypto Sector – Taxes Bitcoin News

by BitScoop
February 3, 2023
0

While operations with digital assets are not taxed in Uzbekistan, the government is receiving a growing amount of revenues from...

SEC And CFTC Legal Action Against Mango Markets Hacker Will Boost DeFi, Moody

by BitScoop
February 3, 2023
0

The recent spree of regulatory actions in the DeFi ecosystem got positive reactions from the credit rating firm Moody. In...

Bitcoin: Beyond the Crash and Embracing NFTs?

by BitScoop
February 3, 2023
0

<p>After a year of doom and gloom, the final, trainwreck quarter of which surely drove the last of the crypto...

Load More
Next Post

Tether confirms DDOS assault on tether.io

X3 protocol hedges impermanent loss by splitting uniswap V3 LP into a protracted leveraged token and a brief leveraged token : ethereum

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest

Celsius Floats Possibility of Debt Token to Repay Creditors; Secures Court Approval to Process Customer Withdrawals – Bitcoin News

January 25, 2023

Romania Carries Out Raids as Part of Crypto Tax Evasion Probe – Taxes Bitcoin News

January 8, 2023

Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange – Exchanges Bitcoin News

January 15, 2023

Neobank N26 Exapnds Crypto Trading to 5 New Countries

January 17, 2023

Solana Keeps Radiance Bears Could Dampen Mood This Level

January 22, 2023

Questions about ERC20 Tokens

January 22, 2023

Undercity is the Latest Gaming Sensation – What you Need to Know About the Hybrid Metaverse

February 4, 2023

Russia’s Biggest Bank Set To Launch Its DeFi Platform By May

February 4, 2023

Indonesia To Launch National Crypto Exchange By June 2023

February 4, 2023

Mastering Discipline: The Key to Success in Trading | by BSuccessful | The Capital | Feb, 2023

February 4, 2023

Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis – Featured Bitcoin News

February 4, 2023

The White House Is Concerned About Crypto

February 4, 2023
Facebook Twitter LinkedIn Tumblr
BitScoop

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Bitscoop

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Bitscoop.
Bitscoop is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT

Copyright © 2022 - Bitscoop.
Bitscoop is not responsible for the content of external sites.