Tesla CEO Elon Musk Reveals How He Will Improve Twitter if Bid Succeeds – Featured Bitcoin News

Tesla and Spacex CEO Elon Musk has revealed his priorities for bettering Twitter if he efficiently takes over the social media platform. Among his guarantees are to eradicate crypto spam bots, guarantee free speech, implement edit performance, and simplify the account verification course of.

Elon Musk’s Twitter Improvement Priorities

Elon Musk, the CEO of Tesla and Spacex, has shared how he plans to enhance Twitter if his bid to purchase the social media large succeeds.

Musk agreed to a tweet Friday stating that he’ll give attention to fixing “real problems.” The tweet particularly mentions making Twitter’s algorithm open supply, eliminating scam bots, adhering to free speech, and simplifying the account verification course of. The Tesla boss has beforehand addressed every of those enhancements in better element.

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Crypto Spam Bots Problem

A significant drawback on Twitter issues spam bots. Earlier this month, the Tesla boss mentioned that in his opinion, crypto spam bots are the “single most annoying problem on Twitter.”

Musk tweeted Thursday: “If our Twitter bid succeeds, we will defeat the spam bots or die trying!” He added that he may also “authenticate all real humans.”

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Edit Functionality, Dogecoin Payment, Free Speech

He additionally mentioned tweet edit performance in some element this month, along with conducting a ballot asking his Twitter followers if they need an edit button. More than 4.4 million votes have been counted and 73.6% indicated that they do.

Free speech is one other huge focus for Musk. He started fielding his Twitter followers in March about having a social media platform with free speech as a precedence. “Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy. What should be done?” Musk requested on the time.

In addition, Musk additionally instructed making dogecoin (DOGE) a cost choice for the Twitter blue service. He has been a supporter of the meme cryptocurrency. He believes that dogecoin is the individuals’s crypto and is greatest suited to transactions. His electrical automobile company, Tesla, at the moment accepts DOGE for some merchandise.

The Tesla CEO acquired a 9.2% stake in Twitter Inc. earlier this month. Promising to make “significant improvements” to Twitter, he was going to affix the social media large’s board of administrators however later determined to not.

Musk proceeded to supply to purchase 100% of Twitter for $54.20 per share in money, in response to his submitting with the U.S. Securities and Exchange Commission (SEC). However, Twitter responded by adopting a restricted length shareholder rights plan, typically known as a “poison pill.” This week, Musk mentioned he has lined up $46.5 billion to fund his provide to purchase Twitter and take the company personal.

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What do you concentrate on Elon Musk’s plan to enhance Twitter? Do you need the Tesla CEO to take over the social media platform? Let us know within the feedback part beneath.

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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 techniques, community results and the intersection between economics and cryptography.

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