Elon Musk became owner of Twitter late Thursday after he officially closed his $44 billion deal to take over the company, marking a new era for one of the world’s most influential social media platforms.

Bloomberg On Saturday, the media suggested several ways that Musk, who is one of the biggest crypto influencers globally, could bring more crypto to Twitter.

According to Bloomberg, if Musk decided to play a larger crypto role on Twitter, there are a few ways he could do so.

Bots and spam on Twitter have been a major concern for Musk and helped spark a contentious legal battle that put the company’s acquisition at risk. The issue is particularly prominent in the case of cryptocurrencies, where spam accounts impersonate famous personalities like Musk to promote scams involving bogus crypto giveaways.

According to Bloomberg, some crypto enthusiasts believe that Musk may advocate the use of blockchain to help reduce bots on Twitter and authenticate all real humans on social media.

Freedom of expression is a priority for Musk, and he intends to lift the company’s lifetime bans on users. Those values ​​align with those of the majority of crypto believers dedicated to the spirit of decentralization promoted by blockchain.

According to Bloomberg, Musk could implement a token-based voting system that allows users to have more say in what happens on Twitter. It could also add more crypto elements to Twitter to expand the decentralization aspects and widespread use of digital assets.

Musk has already expressed his ambition to turn Twitter into a “super app”. In the past, he has expressed admiration for China’s WeChat platform, which can handle things like messaging, gaming, payments and video streaming.

Like other would-be super-app creators like crypto-expanding fintech firm Revolut, Musk’s vision would include digital assets on Twitter, allowing more cryptocurrencies for tipping, and Dogecoin will most likely be included. , as Musk has been a huge supporter of DOGE.

Lastly, other mainstream social media platforms like Instagram are jumping on the NFT craze. Musk could introduce more NFT features on Twitter to ensure that Twitter does not fall behind other social media giants in terms of cryptocurrency adoption.

On Thursday, Elon Musk took over Twitter Inc with renewed commitment and brutal efficiency. However, the executive has not provided detailed clarity on how he intends to achieve the ambitions he outlined for the influential social media platform Twitter and who will run the company.

Just to name a few, the Tesla CEO and self-described free speech absolutist said he wants to prevent Twitter from becoming a platform for hate and division. Other goals include wanting to defeat spam bots on social networks and making the algorithms that determine how content is presented to its users publicly available.

With its presence and support of the crypto space widely apparent, users are now curious as to how Twitter will embrace cryptocurrencies on its platform.

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