Elon Musk Envisions Twitter as a Massive Financial Institution
Elon Musk believes that Twitter could become the world’s biggest financial institution by providing users with convenient payment options. Musk, who acquired Twitter for $44bn in Q4 2022, aims to make the platform’s ecosystem perfect for users and bring additional features to the site. While he didn’t discuss cryptocurrencies’ roles in Twitter’s future, Musk holds bitcoin, dogecoin and ethereum in his portfolio, but has said he is now interested in AI. Musk’s comments suggest Twitter could add advanced technical crypto payment support alongside traditional payment systems to allow for future crypto payment options.
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