Elon Musk, the new face at Twitter, has hinted at different instances of integrating crypto payments. Given the anticipation and past relationships, Dogecoin (DOGE) sees more holders jumping on the DOGE bandwagon. But it looks like the DOGE community is running thin on patience.
Since Elon Musk took over as the new chief executive at Twitter, he has teased and tossed around ideas for changes to the social media platform. One of these changes to come to fruition is a premium subscription service called Twitter Blue. Musk has hinted at the possibility of accepting ការទូទាត់ for Twitter Blue in Dogecoin, but no such implementation has been made thus far.
The billionaire has had an on-and-off relationship with cryptocurrencies over the years. And yet, his buyout was ពិចារណា to be a positive development by many in the crypto community, especially those in the Dogecoin (DOGE) camp. Musk is known for his supportive Dogecoin tweets that often come across as an endorsement. This has led to a កើនឡើង in the value of Dogecoin and increased investor interest on numerous occasions.
Musk wants Twitter payments to be primarily in fiat currencies, but engineers are reportedly building a system in which crypto payments could be added in the future, according to the Times បានហិរញ្ញវត្ថុ. With his large Twitter following, Elon Musk has the ability to shape public opinion and influence narratives surrounding Dogecoin. He has made the niche cryptocurrency a mainstream topic of discussion.
Musk Tweets, DOGE Pumps
The ‘Chief Twit’ and his tweets have helped raise awareness about the importance of cryptocurrencies and blockchain technology.
The support gave the crypto community some hope that Dogecoin would become a widely accepted form of payment, not just in finance, but in day-to-day transactions.
Source: https://beincrypto.com/dogecoin-payment-rumors-reports-twitter-blue-revenue-shortcomings/