Elon Musk Shares Twitter's Upcoming Plans; Here's Where DOGE's Use Starts

Nov 11,2022
Elon Musk Shares Twitter's Upcoming Plans; Here's Where DOGE's Use Starts

According to the New York Times, Elon Musk told the Twitter business plan since he took over the company less than two weeks ago at a party held in the audio function space of Twitter's live broadcast room on Wednesday.

Musk discussed the corporate vision of Twitter to solve the collection. The corporate vision is full of relational bank accounts and savings cards, corresponding to PayPal, a new online payment company that Musk helped create.

According to a document submitted to the FinCEN of the Ministry of Finance, this social networking tycoon has submitted a filing document in the past week, and has removed the road by accepting payment from it.

Welcome to the beginning of the Dogecoin utility

Elon Musk, CEO of Tesla Motors and SpaceX, has always applied Dogecoin, and even allowed it to be used as payment for Tesla automotive products and businesses. He allowed Dogecoin to pay for his recently announced "burnt hair" perfume.

According to Musk, Dogecoin is more suitable for trading, making it more advantageous than Bitcoin and other cryptocurrencies.

In December last year, after being selected as the role of the year 2021 by Time magazine, Musk told Time magazine that "from the source, Bitcoin is not a good substitute for trading currencies. Although Bitcoin is an unwise mockery, it is more suitable for trading."

After Twitter was acquired, DOGE's price immediately increased due to the speculation about its integration on the social platform. Similarly, in the original tweet released by Musk last week, the picture of a Shiba Inu dog wearing a tweet T-shirt aroused public speculation that he might allow the use of dog coins to conduct cryptocurrency transactions.

However, since Musk has never discussed or talked about Dogecoin since recycling, it is unclear how she plans to deal with cryptocurrencies on Twitter.