Tesla boss, Elon Musk, laid out vision for Twitter payments
David GochsteinThe founder of Gokhshtein Media reiterated his statement that Dogecoin will become Twitter’s currency.
On Oct. 28, coinciding with the time Elon Musk acquired Twitter, Gokhshtein tweeted “DOGE, the official currency of Twitter.”
In a recent tweet, Gokhstein claimed that when Elon Musk launches his payment system for Twitter, Dogecoin will be the first currency used on the social media network. He cites Elon Musk’s statement that he was working on Twitter integration for Dogecoin as justification for this.
“I was surprised that Elon said actually ‘dogecoin to the moon!'” he wrote. “He also stated that he into BTC, ETH and obviously DOGE. Said you should have them in your cold wallet and not on an exchange. Said he’s working on DOGE, which I believe meant to integrate it on Twitter.”
As reported by U.Today, Tesla boss, Elon Musk conducted a live conference on Twitter Space to inform the listeners that he was working on Dogecoin and also said, “DOGE to the moon.” Following these words, the price of Dogecoin surged by around 14% before the rally lost steam.
Musk’s vision for Twitter payments
As reported by U.Today, Elon Musk laid out plans for Twitter’s business for the first time since taking over the firm, wherein he discussed a vision for Twitter to process payments.
A filing with the Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, shows that the social media giant has gone a step further by filing registration paperwork to clear the way for receiving payments.
However, as it stands, since Elon Musk has not directly mentioned Dogecoin in the scheme of things for the proposed Twitter payments, statements and predictions remain mere speculation.
