Tesla CEO Elon Musk Reveals How He Will Improve Twitter if Bid Succeeds – Featured Bitcoin News

Elon Musk, Spacex CEO and Tesla CEO has made clear his goals for Twitter improvement if he succeeds in taking over the social media site. His promises include removing crypto spambots and ensuring free speech. He also promised to simplify account verification.

Elon Musk’s Twitter Improvement Priorities

Elon Musk (CEO of Tesla and Spacex) has revealed how he intends to enhance Twitter in the event that his bid for the purchase of the social media giant succeeded.

Musk agreed to a tweet Friday stating that he will focus on solving “real problems.” The tweet specifically mentions making Twitter’s algorithm open source, eliminating scam bots, adhering to free speech, and simplifying the account verification process. Each of these enhancements have been discussed in detail by Tesla’s boss.

Crypto Spam Bots – Problem

The problem with Twitter’s spambots is a big one. Earlier this month, the Tesla boss said that in his opinion, crypto spam bots are the “single most annoying problem on Twitter.”

Musk tweeted Thursday: “If our Twitter bid succeeds, we will defeat the spam bots or die trying!” He added that he will also “authenticate all real humans.”

Dogecoin Payment and Edit Functionality. Free Speech

This month, he also spoke in detail about tweet edit functionality. He also conducted a poll to ask his followers whether they wanted an editor button. There were more than 4.4million votes and 73.6% said they wanted one.

Musk is also a big believer in free speech. His Twitter followers began to ask him about creating a social media platform where free speech is a priority in March. “Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy. What should be done?” Musk asked at the time.

Musk proposed that DOGE (dogecoin) be made a payment option to the Twitter blue service. He is a strong supporter for the meme currency. He believes that dogecoin is the people’s crypto and is best suited for transactions. Tesla is currently accepting DOGE to purchase some products.

An earlier month, Tesla CEO John Tesla purchased 9.2% of Twitter Inc. Promising to make “significant improvements” to Twitter, he was going to join the social media giant’s board of directors but later decided not to.

According to Musk’s U.S Securities and Exchange Commission filing, Musk made an offer to purchase all of Twitter at $54.20 per shares in cash. However, Twitter responded by adopting a limited duration shareholder rights plan, often called a “poison pill.” This week, Musk said he has lined up $46.5 billion to fund his offer to buy Twitter and take the company private.

This story contains tags
Crypto Scam Bots, Crypto Scams and Crypto Spam Bots. Doge, dogecoin. Elon Musk. elon Musk buys Twitter, elon twitter updates, elon twitter priorities, how elon twitter takesover, poison pill.

What do you think about Elon Musk’s plan to improve Twitter? Would you like Tesla’s CEO to take control of social media? We’d love to hear from you in the comment section.

Kevin Helms

Kevin is a graduate of Austrian Economics. He discovered Bitcoin in 2011, and has been an advocate ever since. He is interested in Bitcoin security and open-source software, network effects, and the intersection of cryptography and economics.

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