What Does Twitter's New CEO Elon Musk Mean for Crypto? | CoinMarketCap

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What Does Twitter's New CEO Elon Musk Mean for Crypto? | CoinMarketCap
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It really happened. ElonMusk bought Twitter. 💪 Let CMC analyze some things: 👉 The play-by-play of how Musk bought Twitter 👉 Who is financing the deal 👉 The best reactions 👉 Elon's vision for Twitter 👉 If DJT is allowed back

Musk didn't buy it for the money;So, there will be some form ofon Twitter, something that has been mostly lacking from the platform so far.shadowbansAll of that sounds great. But it's a long laundry list of issues, and the question is:not too dissimilar from the Chinese WeChat app. This application combines messaging, ride-hailing, financial, and many other features all in one, which makes it very convenient but also very centralized.isn't new at all.

l. And even though its reach is bigger than Twitter’s, no one will, say, start a revolution on there.. Donald Trump was banned not despite his reach but because of it. Only because so many people were presumably spurred on by his tweets did he get banned. Only because foreign leaders of less-than-democratic states like Russia and Iran are still alive and tweeting is his ban so controversial.

The real-world influence of Twitter's heavy users and their tweets is disproportional compared to other social media platforms. Advertising is practically irrelevant on Twitter. Creators can monetize only indirectly. And yes, different factions can clash on the app and things can get ugly.Elon Musk sure isn't aiming low. But then again, he never was the type to do that.Obviously, many a crypto influencer and the entire community have been longing for this moment.

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