Elon Musk is actively promoting plans to sell cryptocurrency payments on Twitter. The company has already been in the process of obtaining licenses for the sale of cryptocurrencies in the United States. The American entrepreneur noted that in the near future users of the social network will be able to make transactions in fiat currency. At the same time, Musk stressed that digital assets will be added in the foreseeable future.
Earlier, during a meeting with Twitter advertisers, the head of Tesla presented a large-scale overview of the strategy for the social network’s entry into the payment business. Musk hinted that in the near future users will be able to make exchange transactions in Twitter, as well as withdraw funds to verified bank accounts. There are also plans for the implementation of various investment proposals, which will be a source of passive income for users.
According to the plan, Twitter’s income in this direction will be about $1.3 billion by 2028. It should be noted that the digital currencies Mask Network and Dogecoin reacted positively to this news.
It is possible that these assets will be among the first to appear in the social network as a means of payment.
Earlier edition of CryptoBazooka.com reported: an artificial intelligence of PricePredictions gave a forecast on the value of Shiba Inu on February 28 this year. The system predicts that the price of the memcoin will reach $0.000012 by that time. This is 3% more than its value on January 30. In turn, the coin continues to move within the upward trend.
This is due to the upcoming global update of Shibarium, which will increase investment interest in the asset. In the long run, this update is expected to have a positive impact on the functionality and scalability of the SHIB ecosystem.