{"id":59875,"date":"2022-04-10T10:11:54","date_gmt":"2022-04-10T07:11:54","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=59875"},"modified":"2025-09-05T00:22:36","modified_gmt":"2025-09-04T21:22:36","slug":"elon-musk-proposes-paying-for-twitter-blue-with-dogecoin","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/elon-musk-proposes-paying-for-twitter-blue-with-dogecoin\/","title":{"rendered":"Elon Musk proposes paying for Twitter Blue with Dogecoin"},"content":{"rendered":"<p>Elon Musk proposed lowering the price of the <a href=\"https:\/\/help.twitter.com\/ru\/using-twitter\/twitter-blue-features\">Twitter Blue<\/a> subscription and giving users the option to pay for the premium service in Dogecoin (DOGE).<\/p>\n<p>The billionaire <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1512946176244473863?s=20&#038;t=kVr3bZlWf9PwPyKsqZou4w\">began<\/a> a series of tweets arguing for issuing every Twitter Blue subscriber an \u201cauthentication badge.\u201d He also noted that the platform should do away with advertising, as this \u201cempowers corporations to dictate the rules.\u201d<\/p>\n<p>One user urged Twitter to adopt regional pricing, arguing that the $3 subscription is too expensive for some countries.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Maybe even an option to pay in Doge?<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1512954808394731521?ref_src=twsrc%5Etfw\">April 10, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abYes, [the subscription] should be affordable in price and in the local currency. Perhaps even add an option to pay in DOGE?\u00bb, \u2014 the Tesla chief.<\/p>\n<\/blockquote>\n<p>The Twitter Blue subscription <a href=\"https:\/\/help.twitter.com\/ru\/using-twitter\/twitter-blue-help\">is available<\/a> in the United States, Canada, Australia and New Zealand.<\/p>\n<p>Against this backdrop, former Goldman Sachs executive Raoul Pal said that \u201cthe only way to make Twitter work is to create a token system.\u201d<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cPeople who add value to the network receive tokens, <a href=\"https:\/\/u1f987.com\/en\/news\/reddit-to-expand-loyalty-programme-with-ethereum-tokens\">as is the case on Reddit<\/a>, and the community decides who is accredited. The token economy is likely worth ten times the shares, as it creates a tangible asset for the community or the brand,\u201d he explained.<\/p>\n<\/blockquote>\n<p>In reply, investor Stephen Cole said that Twitter does not need \u201cto reinvent the wheel,\u201d because Bitcoin already exists.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">You don\u2019t need all the technical complexity and sketchy incentives of a new token to fix Twitter. We have a protocol for money now. Just use bitcoin + lightning.<\/p>\n<p>Kill spam and scams by charging sats to register.<\/p>\n<p>\u2014 Stephen Cole (@sthenc) <a href=\"https:\/\/twitter.com\/sthenc\/status\/1512991373280133122?ref_src=twsrc%5Etfw\">April 10, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abYou don\u2019t need all that technical complexity and fuzzy incentives of a new token to fix Twitter. We already have a protocol for money. Just use Bitcoin in conjunction with the Lightning Network. Kill spam and scams by charging for registrations\u00bb, \u2014 he wrote.<\/p>\n<\/blockquote>\n<p>Former Blockstream chief strategy officer Samson Mow expressed a similar view. He said that Lightning Network payments would also allow account holders to remain anonymous.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">You have to take <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> Lightning payments then. Otherwise you wouldn\u2019t allow for anon accounts to authenticate.<\/p>\n<p>\u2014 Samson Mow (@Excellion) <a href=\"https:\/\/twitter.com\/Excellion\/status\/1512951618693599232?ref_src=twsrc%5Etfw\">April 10, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In April, <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musk-acquires-9-2-stake-in-twitter\">Musk bought 9.2% of Twitter&#8217;s shares for $2.89 billion<\/a>. The head of Tesla became the largest shareholder and joined the company&#8217;s board of directors.<\/p>\n<p>Read ForkLog&#8217;s bitcoin news in our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk proposed lowering the price of the Twitter Blue subscription and giving users the option to pay for the premium service in Dogecoin (DOGE).<\/p>\n","protected":false},"author":1,"featured_media":59876,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[99,1217,40],"class_list":["post-59875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dogecoin","tag-elon-musk","tag-twitter"],"aioseo_notices":[],"amp_enabled":true,"views":"37","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=59875"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59875\/revisions"}],"predecessor-version":[{"id":59877,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59875\/revisions\/59877"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/59876"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=59875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=59875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=59875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}