Here's how Elon Musk could change 'Crypto Twitter'

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ICYMI: Here’s how Elon Musk could change ‘Crypto Twitter’

The $44 billion-odd deal, the rumblings of which began late this weekend, closed the book on the theatrical swirl around the billionaire entrepreneur's efforts to acquire the social media site he uses so assiduously. The deal will see Musk, who already runs the electric automaker Tesla and private space contractor SpaceX, take the reins at Twitter, which was founded in 2006. Musk became a user in mid-2009.

“Frankly, a top priority I would have is eliminating the spam and scam bots and the bot armies that are on Twitter,” Musk said. “They make the product much worse. If I had a dogecoin for every crypto scam I saw, I would have a hundred billion dogecoin." But it's a complicated problem. Musk is very likely not going to toss the whole system in the trash and create digital Wild West, given possible opposition by Twitter's board and the larger risk of allowing violent and sexually exploitative content to spread unfettered.

 

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