Elon Musk Considers ‘Pay To Play’ For X Platform, Dogecoin In The Mix

September 20, 2023
US Presidential Debate: Elon Musk Praises CNN For Non-Partisanship
U.S. AIR FORCE ACADEMY, Colo. -- Tesla Inc. Chief Executive Officer Elon Musk speaks with Lt. Gen. Richard Clark, Superintendent of the U.S. Air Force Academy, during the Ira C. Eaker Distinguished Speaker Presentation in the Academy's Arnold Hall on April 7, 2022 in Colorado Springs, Colo. (U.S. Air Force photo by Trevor cokley)

In a surprising twist, billionaire entrepreneur Elon Musk is contemplating the idea of placing the entire X platform formerly known as Twitter behind a paywall in an effort to combat the persistent issue of bot activity.

This revelation came during a conversation with Israeli Prime Minister Benjamin Netanyahu, where Musk discussed his ongoing battle against bots on the social media platform he acquired in 2022 for a staggering $54 billion.

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Musk’s rationale behind this move is to make it financially prohibitive for malicious actors to deploy and maintain bots on the platform. By requiring all users to pay a fee for access, he hopes to increase the cost of operating these bots substantially.

Explaining the payment structure, Musk mentioned the introduction of a “lower tier of pricing” where each account would pay a nominal fee just to access the platform, separate from the existing fee for X Blue premium service.

This, he believes, will significantly raise the operational costs for bot creators, who currently spend as little as a fraction of a penny to deploy their automated accounts.

READ ALSO: Naira Gains N17 In Official Exchange, Hits N960 In Black Market

Musk appears to be at his wit’s end with the persistent bot problem, stating that this is “the only way I can think of to combat vast armies of bots.”

Since Elon Musk’s acquisition of X, Dogecoin enthusiasts have eagerly awaited the potential integration of DOGE payments on the platform, as Musk had previously hinted. Speculation is further fueled by Musk’s track record of implementing various ideas outlined in his recently released biography for the social media platform.

However, despite his unwavering support for the meme coin, Musk has not confirmed whether Dogecoin payments will indeed be introduced on X. Yet, given DOGE’s proficiency in microtransactions, it remains a viable option for the platform if it evolves into a “pay-to-play” service.

As Elon Musk’s unconventional strategy unfolds, the future of X and its potential partnership with Dogecoin continue to be a subject of intrigue and speculation in the ever-evolving world of social media and cryptocurrency.

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Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

Emmanuel Ochayi

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

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