Business Standard

How Elon Musk could put more crypto on Twitter after taking charge

Since Dorsey's departure last November, Twitter has added Ether tipping, nonfungible token profile pictures and USD Coin stablecoin payments for a select group of creators

Elon Musk
Premium

Photo: Bloomberg

Hannah Miller | Bloomberg
After months of dramatic back-and-forth, Elon Musk has taken control of Twitter Inc., igniting emotions ranging from hope to anxiety among users who are bracing themselves for how the billionaire will put his stamp on the social-media platform. Crypto Twitter is no exception.
 
Digital-asset enthusiasts have long congregated on Twitter, where they’ve changed their profile pictures to images of themselves with “laser eyes” as a signal of their crypto support, posted irreverent memes about rising (and then falling) coin prices and re-tweeted threads from their favorite founders. 

Musk, a prolific tweeter himself, has had a complicated relationship with crypto, seeming to

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in