Elon Bought Twitter and How Ready for Crypto
Elon bought Twitter for $ 44 billion and now this is the biggest news on social media. He previously bought about 9% of shares on Twitter but now he is a full owner and this is very big news. This obviously has to have something in his mind to do with Twitter and we can expect good updates in the days and weeks to come. This is one of the biggest deals so far that has taken place recently and the owner of Tesla now owns this leading social media platform. All I can say is that decisions like these are not made immediately and there must be something in his plan that we will definitely see in the future.
Elon is crypto friendly so we can expect Twitter to be a part of the crypto revolution. He is the one who made DOGE the most expensive and we can not ignore the fact that Elon Musk is a well-known businessman of the time and has a huge influence on the market. Just sharing a name about the DOGE coin shows a positive override of the token value and now we can imagine how things would go if you shared more information about crypto and even made Twitter a crypto support platform. What if he makes Twitter separate? Will twitter become part of web 3.0 through microblogging? I think anything is possible but at the moment there is no clarity on such things but I have seen many people speculate that Twitter can be split.
Twitter on Monday (local time) confirmed the company's sale to Musk for USD 44 billion. Under the terms of the agreement, shareholders will receive USD 54.20 per share of Twitter stock, which is accompanied by Musk's actual gift and marking a 38% premium on the stock price the day before Musk disclosed his stake in the company.
We are at a time when segregation is the future and people do not like to be considered by technology companies that use social media which is why web 3.0 is also getting good attention. This is in its early stages but over the next few years we have seen web 3.0 transformation and geographical distribution. This has started and will surely grow significantly as the world wants the freedom to share and own whatever they send.
The price of the DOGE coin increased by about 32% after the announcement and people expect the agreement to bring more value to the DOGE coin because Elon may use it to pay on Twitter. He even talked about making a Doge paid coin for the blue tick registration on Twitter where we are only 9% participants but now that he owns it so we can expect a lot more in this context.
I see this as a good step and I hope that Elon will bring new features to Twitter and also make them crypto-friendly but it will still be a miracle for us. So far, the crypto community is happy and certainly a reason to be happy because Twitter is one of the platforms most of us use and if it gets better we will be able to use the next version of this blogging micros social media platform.
I believe that the value of Twitter will grow steadily just like Tesla did, as Elon Musk is a good business man. But when it comes to his promise of freedom of speech, no one can actually vouch for that. Kudos @icon-monday.
Thanks for taking time read my post
I'd love to see a multi-crypto tip Jar on twitter. But who knows, Elon might gaslight the whole space.
Hi @icon-monday
Elon Musk is surely one of the most well-known personalities of our times. I'm not sure if there even one month passed by lately without him attracting our attention. Without him doing something, which will make us think about his actions.
And this is surely one of those moments.
I must admit, that I've lost my trust towards Elon after he started manipulating crypto market a while back. But I still consider him to be a "good man" (if you can even say it about any wealthy person).
His recent purchase of Twitter is an interesting roller-coster and I wonder what is his real deep reason for all of it. Time will only tell. In meantime: thanks for sharing your view on that particular topic.
Have a great weekend :) Upvote on the way,
Yours, Piotr