Elon Musk, Twitter’s New Majority Partner: How Does It Benefit the Crypto World?

Elon Musk, Twitter’s New Majority Partner: How Does It Benefit the Crypto World?

Following this analysis, Ken Li, chief investment officer at Binance Labs, told Cointelegraph than Musk’s investment “can help drive platform crypto initiatives and even lead to DOGE integration within the platform”.

According to Li, “Elon Musk’s investment in Twitter could help further accelerate Twitter’s adoption of crypto. It remains to be seen whether Twitter will start adopting Elon’s beloved Dogecoin in the future.”

Twitter was no stranger to the cryptocurrency craze. Last November he had announced the formation of a new team that will focus on the crypto world and other decentralized technologies. The name chosen for the group was Twitter Crypto, and it is led by Tess Rinearson.

It should be remembered that the platform already allows you to send tips to other users with Bitcoin through the Lightning Network; and the network also expressed interest in NFTs. In fact Jack Dorsey, its founder, is an enthusiast of Bitcoin and the whole “crypto” world.

Source: Ambito

Leave a Reply

Your email address will not be published.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

Latest Posts