Elon Musk: DOGE Payment For Twitter Blue, Shelter For The Homeless – And No To Twitter Board

Share This Post

Elon Musk has resumed his Twitter-related… tweeting. Actually, he’s got a lot going for him these days.

This time, the billionaire CEO of Tesla and SpaceX has made a series of recommendations for the social media platform’s premium subscription service, “Blue.”

Musk’s spate of improvements to Twitter’s membership service include a price reduction, the elimination of advertisements, and the addition of the dogecoin cryptocurrency as a payment method.

“Price should probably be $2/month, but if paid in advance, account will not receive a checkmark for 60 days (watch for credit card chargebacks) and will be suspended without refund if used for scam/spam,” Musk tweeted.

No Ads, Musk Says

“And no advertisements,” Musk added. “Corporate power to dictate policy is significantly boosted if Twitter is reliant on advertising revenue to exist,” he wrote on Twitter.

When a user’s account is verified as “genuine, notable, and active,” Twitter displays a checkmark next to the user’s name.

Twitter Blue started last June in Australia, the United States, Canada, and New Zealand.

Suggested Reading | Regulatory Pressure Forces Coinbase To Suspend Crypto Payments In India

The service has a 30-second edit feature for revising tweets, folder bookmarking, and a “reader mode” for condensing lengthy discussions.

Musk has long loved taunting his over 80 million followers with the cryptocurrency, which features a Shiba Inu dog as its emblem and is widely considered as a prank.

Unlike Bitcoin, the most valuable cryptocurrency, which is currently valued at approximately $43,320 as of April 10, Dogecoin is currently valued at $0.16.

Shelter For The Homeless

Musk also launched a poll on Twitter, asking whether the company’s San Francisco headquarters should be transformed into a homeless shelter because “no one is showing up (to work there).”

The survey received more than 300,000 responses in less than an hour, with 90% responding “yes.”

No To Twitter Board

Meanwhile, Musk has declined to be part of Twitter’s board of directors, according to the company’s CEO.

He will not join Twitter’s board of directors on April 11, Twitter CEO Parag Agrawal said. The company initially announced Musk’s appointment to the board on April 9, but that decision appears to have been reversed when Musk declined.

Rumors about his rejection from the board have already begun to circulate. One responder stated that board participation would limit his holding to approximately 15%, implying that he may be interested in increasing his stake in the company.

Others have speculated that by declining to join the board, he will get greater control over the content he may put on the platform.

Suggested Reading | Crypto And Cocaine Down Under: Australian Cops Seize Bitcoin ATMs And Drugs In Sydney Warehouse

Featured image from LADbible, chart from TradingView.com
Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin Reclaims $63,000 After US Fed Rate Cut, But Is This Rally For Real?

So far, Bitcoin has seen a mixture of bulls and bears just in the past day alone Although bulls appear to be taking the lead given its current market performance, will this be sustainable Before the

Louisiana continues pro-crypto push with option to pay state agencies in Bitcoin, USDC

Louisiana has implemented a new option for residents to make payments to state agencies using Bitcoin and Circle’s stablecoin USDC, according to a Sept 18 press release The Louisiana Department

Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy

Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the US Securities and Exchange Commission (SEC) The company had been at the center of a

TON blockchain sees explosive 3,435% growth in daily active addresses over 2024

The Open Network (TON) blockchain has experienced a significant surge in its on-chain metrics in 2024, with trading volume, total value locked, active users, and daily transactions all growing

Solana Active Addresses Hit 75 Million As SOL Breaches $140

Solana (SOL) hit another record: Today, it has over 75 million monthly active addresses The surge speaks to growing popularity of the network, especially in areas like developer and user activity

Vitalik Buterin Drops A Rhythm At Singapore TOKEN2049: Speech Delivered In Song

Co-founder of Ethereum, Vitalik Buterin, created a scene – albeit in a fun way – at the TOKEN2049 conference in Singapore by not only offering analysis on Ethereum developments but also