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Elon Musk Desires To Deter X Bots With New Pay Service, Is Dogecoin Concerned?


Billionaire Elon Musk, a Dogecoin supporter, has seemingly been on a journey to eradicate bots from the X (previously Twitter) platform after acquiring it back in 2022 for $54 billion. With a number of measures already put in place nonetheless not effectively lowering the variety of bots on the platform, Musk has moved on to a brand new technique that includes paying to make use of X. However does Dogecoin match into the cost plans?

Elon Musk Desires X Customers To Pay To Play

In an attention-grabbing flip of occasions, Elon Musk is contemplating placing the whole X web site behind a paywall. The billionaire revealed this whereas speaking with Israeli Prime Minister Benjamin Netanyahu. Based on Musk, he’s contemplating this feature as a method to cut back the bot exercise on the social media platform.

Musk causes that if all accounts should pay a price to entry the platform, it could make it dearer for the unhealthy actors who create these bots to maintain up their actions. And hopefully, greater prices of operations would result in a lower in these deploying the bots.

Explaining how the funds would work for every account, the SpaceX CEO mentioned that X would introduce a “decrease tier of pricing.” On this case, every account would pay a small price simply to entry the platform, which might be separate from the price customers already should pay to entry its X Blue premium service.

He places ahead that on condition that these bots value so little to deploy, as little as a fraction of a penny, making every account pay a number of {dollars} to entry the platform would improve their working value very drastically. Musk additionally appears to be on the finish of his rope with the bot points, telling the Prime Minister that that is “the one manner I can consider to fight huge armies of bots.”

Dogecoin price chart from Tradingview.com (Elon Musk X)

DOGE worth struggles at $0.062 | Supply: DOGEUSD on Tradingview.com

Does Dogecoin Match Into This Plan?

Ever since Elon Musk took over the X platform, Dogecoin buyers have waited with bated breaths to see if he would lastly implement DOGE payments on the platform as he has talked about earlier than.

These speculations are additional fueled by the truth that Musk has gone on to implement a good portion of concepts that he had for a social media platform highlighted in his recently released biography.

Nonetheless, regardless of remaining a staunch supporter of the meme coin, there was nothing from Musk to suggest if Dogecoin payments are coming to X. However on condition that DOGE excels at such micro-transactions that will be applied if X turns right into a ‘pay-to-play’ service, it might be a very good possibility for the platform.

Follow Best Owie on Twitter for market insights, updates, and the occasional humorous tweet… Featured picture from Analytics Perception, chart from TradingView.com

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