Elon Musk Pushes Dogecoin Payment Option For Twitter's Blue Subscription

Zinger Key Points
  • Elon Musk suggested banning advertisements on Twitter.
  • Musk also said Twitter Blue should be affordable for all users and payable with local currency.  

Tesla Inc TSLA CEO Elon Musk, who recently bought 9.2% of the social media giant Twitter Inc TWTR, has suggested a raft of changes to Twitter’s Blue premium subscription service. 

In a recent Twitter post, Musk suggested that people who sign up for the Twitter Blue service should pay significantly less than the current $2.99 and should be able to pay in the local currency. 

He suggested that the user should also get an authentication checkmark as well.

As an avid supporter of the meme token Dogecoin DOGE/USD, Musk proposed an option to pay with DOGE and asked Twitter users for their views.

Also Read: Tesla CEO Elon Musk Is Now $100B Richer Than Jeff Bezos: Here's How Much He's Worth

When one of his followers said the subscription should be cheaper, Musk replied by saying it should be affordable for all users and payable with any currency.  

Twitter already lets people tip their favorite content creators using Bitcoin BTC/USD.

Last year, Twitter said that it planned to support authentication for NFTs, which are digital assets that exist on a blockchain.

Musk also suggested banning advertisements on the Twitter.

Launched in 2021, Twitter Blue is Twitter's first subscription service and offers "exclusive access to premium features" on a monthly subscription basis. 

The billionaire also started a poll on his Twitter account asking whether the firm's San Francisco headquarters should be converted to a homeless shelter, as "no one shows up (to work there)".

Earlier in another tweet, Musk questioned if Twitter was “dying,” stating that most of the platform's top accounts rarely post any content at all.

Also Read: Why Dave Portnoy Loves Elon Musk Taking A Stake In Twitter

Photo: Twitter Post 

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyNewsTopicsTop StoriesMarketsGeneralBitcoindogecoinElon MuskMeme Coinmeme tokenTeslatwitter
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!