Elon Musk's X app has been the subject of much speculation in the crypto community in recent months, with many wondering whether it will integrate crypto payments.There was a time there were rumours like these, but Elon Musk later talked about it and said there is no plan yet to integrate any coin on platform X.
Cypto fans believe that X is likely to integrate Dogecoin, given Musk's support for the crypto. Musk has been a vocal advocate for Dogecoin, even going so far as to call it his "favorite crypto". He has also tweeted about the possibility of X integrating Dogecoin payments.
It would be the first major app to do so, and it could lead to a surge in adoption of cryptocurrencies.Telegram supports Bitcoin, USDT and their native token called Ton. So X will not be the first major platform that is done, provided if it is done.
So DOGE and XBT are the 2 crypto that I think of first in case Elon Musk wants to integrate crypto. Recently Elon Musk doesn't want to talk about crypto too much[3], so I'm quite worried.
I wonder how Elon Musk handle law about cryptocurrency in various country. I expect cryptocurrency feature on XPayment only available on people on certain country.This is likely going to be the case. X will need to get a license per country to integrate crypto payments and offer it to their citizens. They will start in the US for sure since they already acquired a license there.
I also think that DOGE will be the first choice because Elon Musk loves DOGE and he is also holding DOGE. But X can integrate both DOGE and BTC at the same time because Tesla and SpaceX are both holding BTC, in addition, BTC has been used to tip on Twitter, legal issues are not a barrier for Elon Musk and X.
he is a paypal creator so it wouldn't be surprising to see stablecoin. but DOGE will definitely be among the cryptocurrencies that he will add on X as part of the payment method he planned for a long time.
why he hasn't done it yet despite how easy for him to launch is because of regulation. the SEC may have a go signal with BTC ETF but not with cryptocurrencies. it will be an uphill battle for him considering that he started a war with the people from high places.
If Elon Musk wants to integrate tokens/altcoins into X, Doge should be the first option. But Elon Musk may have another options such as ETH, ADA, MATIC, TRX, or other popular altcoins. However, I'm sure Elon Musk must consider to choose the altcoins with cheap transaction fees. So, it will be easy to integrate into X, there will be no problem in he transaction.Transaction cost considerations are indeed an important factor in selecting altcoins for integration. Dogecoin (DOGE) is known for its low transaction fees. However, Elon Musk or any other company that wants to integrate altcoins into their services will also consider other aspects such as security, transaction speed, and community support.
Transaction cost considerations are indeed an important factor in selecting altcoins for integration. Dogecoin (DOGE) is known for its low transaction fees. However, Elon Musk or any other company that wants to integrate altcoins into their services will also consider other aspects such as security, transaction speed, and community support.I think transaction fees are no longer a big problem because we have wrap or layer-2 solutions. Even BTC has Lightning Network with extremely cheap transaction fees and is used in El Salvador or was used for the tip feature on Twitter, now it can completely exist in the X application.
Altcoins such as Ethereum (ETH), Cardano (ADA), Polygon (MATIC), and Tron (TRX) have different characteristics and may offer certain advantages in terms of technology or functionality. The decision to choose a particular altcoin will largely depend on the integration goals and specific needs.
I think transaction fees are no longer a big problem because we have wrap or layer-2 solutions. Even BTC has Lightning Network with extremely cheap transaction fees and is used in El Salvador or was used for the tip feature on Twitter, now it can completely exist in the X application.I made some transactions on layer-2 and I can't say my experience is always nice. Sometimes a contract call costs a ton, so while I don't think that's going to be the norm for regular transactions, they are not as cheap as I'd like them to be. I'm pretty sure others have the same opinion unless they choose a centralized layer-2 that basically decreases security for faster processing speed. Lightning also requires a little bit more knowledge from its users so it probably won't be the first choice for payment processors. That being said, Twitter can just ignore users' POV altogether and focus on making sure they generate as much profit as possible from transaction fees or whatever they want to label it later.
Although i bet he'll accept DOGE.When I saw the title of this topic I saw what I immediately realized was a choice from within myself, namely according to your choice: DOGE.
Elon Musk's X app has been the subject of much speculation in the crypto community in recent months, with many wondering whether it will integrate crypto payments.Did Elon Musk or any other officials from X gave any statement about that? Or it is just the users making speculations just because Elon Musk happen to like Crypto?
Cypto fans believe that X is likely to integrate Dogecoin, given Musk's support for the crypto. Musk has been a vocal advocate for Dogecoin, even going so far as to call it his "favorite crypto". He has also tweeted about the possibility of X integrating Dogecoin payments.Elon Musk may have posted about Doge coin several times. and maybe he personally like it too. but I don't think he would add a memecoin as a payment option for his company.
Meanwhile, Musk has incorporated Dogecoin for payments on Tesla’s merchandise store, along with occasionally mentioning it on social media. Many speculate that it’s the most likely crypto to be included on X if any were to be featured[1].
I believe that if X integrate cryptocurrency payments, it could have a significant impact on the cryptocurrency market. It would be the first major app to do so, and it could lead to a surge in adoption of cryptocurrencies.
Besides DOGE, some people predict that some X-- token could be chosen like XRP, XLM, XDC, XYO but I think of XBT, another Bitcoin tiker[2].
So DOGE and XBT are the 2 crypto that I think of first in case Elon Musk wants to integrate crypto. Recently Elon Musk doesn't want to talk about crypto too much[3], so I'm quite worried.
Do you think X will integrate crypto? Which token will be the first choice for X?
[1] X launches dedicated payments account, crypto community speculates (https://cointelegraph.com/news/x-payments-speculation-crypto-community)
[2] Bitcoin Ticker Available On Bloomberg Terminal For Employees (https://techcrunch.com/2013/08/09/bitcoin-ticker-available-on-bloomberg-terminal/)
[3] Elon Musk says he spends hardly any time at all thinking about cryptocurrency (https://www.theblock.co/post/268941/elon-musk-says-he-spends-hardly-any-time-at-all-thinking-about-cryptocurrency)
When I saw the title of this topic I saw what I immediately realized was a choice from within myself, namely according to your choice: DOGE.I also chose DOGE because it was the only token I thought of while Elon Musk is so famous in the crypto community for shilling DOGE in 2021. I would be surprised if Elon Musk chose another token, whether it be BTC, ETH or USDT. It would be good if X would allow payments in DOGE + many other crypto. Stablecoin is a good idea because it is easily accessible to users, 1 USDT = 1 USDC = 1 USD ;D
DOGE was also written about by Elon Musk on his Twitter account, so for now and in the future just continue with his choice of cryptocurrency coins, namely DOGE coins.
Elon Musk just needs to integrate a wallet for DOGE coins on all Twitter accounts, just like (maybe because I don't really know yet) Web3 which has lots of features on the website. It is very easy for Elon Musk to integrate a DOGE coin wallet like Aladdin with the word "Abrah Kadabrah". ;D
I also chose DOGE because it was the only token I thought of while Elon Musk is so famous in the crypto community for shilling DOGE in 2021. I would be surprised if Elon Musk chose another token, whether it be BTC, ETH or USDT. It would be good if X would allow payments in DOGE + many other crypto. Stablecoin is a good idea because it is easily accessible to users, 1 USDT = 1 USDC = 1 USD ;D
Stablecoin is a good idea because it is easily accessible to users, 1 USDT = 1 USDC = 1 USD ;DIf stable coins are integrated into a Twitter account wallet using Web3, I don't think it's unique or mainstream. ;D
It will definitely not be stablecoins due to regulations, and it will not be tokens with low market value.
It will definitely not be stablecoins due to regulations, and it will not be tokens with low market value.
I agree with you that the market cap of a token could be an important factor of its eligibility.
I don't agree with you in that stablecoins have the same regulatory issue of other cryptos.
But you have a point: means of payment integrated within X must be accepted in all countries where X accounts can or should be opened.
Think for example of muslim countries. AFAIK cryptocurrencies in general are not shariah compliant.
Of course it would be possible to exclude a specific payment - e.g. crypto - from all accounts within a specific country, but the danger of the authorities of that country blocking X would be too big.
Which cryptos are shariah compliant?
DOGE is the perfect choice for this one because:Most people voted for DOGE, and I think this is probably the most suitable choice for X if Elon Musk wants X to become the bridge for crypto to reach users in the most effective way. The DOGE wave of 2021 has helped the crypto market become known and have more users. We will wait and hope that Elon Musk will not disappoint the DOGE community!
1. It's Elon Musk's favorite cryptocurrency.
2. It will serve the main purpose of the coin itself which is for tipping other users.
If there will be any coins that might get integrated into the platform, those are the coins with relatively low transaction fees. I mean the lowest of the lows, and the fastest as well might get integrated. Nevertheless, many are speculating ever since Elon Musk bought X (formerly known as Twitter), but until now, there are no signs that Musk will integrate cryptocurrency into his platform. I will not be surprised if he will make this a reality though. :)
I also chose DOGE because it was the only token I thought of while Elon Musk is so famous in the crypto community for shilling DOGE in 2021. I would be surprised if Elon Musk chose another token, whether it be BTC, ETH or USDT. It would be good if X would allow payments in DOGE + many other crypto. Stablecoin is a good idea because it is easily accessible to users, 1 USDT = 1 USDC = 1 USD ;DI forgot stablecoin, thank you for reminding me. Stablecoins are also an interesting option as PayPal also has their own stablecoins and X can consider integrating USDT or USDC. I have replaced GROK with Stablecoin in the pool, hope we will have more interesting opinions on this issue.
Do you think X will integrate crypto? Which token will be the first choice for X?
I forgot stablecoin, thank you for reminding me. Stablecoins are also an interesting option as PayPal also has their own stablecoins and X can consider integrating USDT or USDC. I have replaced GROK with Stablecoin in the pool, hope we will have more interesting opinions on this issue.
In the past, he has criticized Bitcoin for its POW algorithm and said that's why he removed it from Tesla. It is hard to predict what Elon will do. He is extraordinary in every sense. He will probably accept whatever coins he collected from the market when they were cheap. Then he will sell the coins he collected when the coins he collected with his announcement pump. I can never be mad at him, he is a trader and we are in a free market. This market is completely free and with complete freedom comes some ruthlessness. Some call it the work of speculators, some call it wild capitalism.Bitcoin has become a lot cleaner and greener (https://www.altcoinstalks.com/index.php?topic=315896), and now Elon may be back to confirming it, while also accepting payments in BTC. That event could become a driving force for BTC and the market to grow. I do not refuse any action that is positive for BTC and the market ^^
I can sense some excitement building up for the coming payment system within X, the former Twitter. Now, there is a big possibility that Elon Musk will be integrating cryptocurrency into the mix and of course the best candidate can be Dogecoin and maybe to some extent Bitcoin and Ethereum. I am sure the crypto market will be noticing this development and the impact it can have on the overall market. I am personally supporting this move since it can make cryptocurrency more accessible and be utilized for many purposes including eCommerce as there are now many business entities operating and advertising in X. Certainly, this is one way that X can be the everything app. Now, will Meta under Mark Zuckerberg be following the lead?I and many others are also waiting for X to integrate crypto, even though Elon and X have not had any hints or confirmations.
Mentioning Stablecoins in the poll was a good idea! - that one vote comes from me... :DYeah, stablecoin will be one of the options if Elon really wants to integrate crypto into X-application. Users are still familiar with $ and if chosen, they will probably only approach stablecoin to feel familiar and secure. I think X will have an official announcement about the payment feature soon, probably after they receive licenses in a few other states.
The currency to be integrated in X doesn't need to be a currency suitable as an investment.
It has to be a currency suitable as means of payment.
A cryptucurrency (e.g. DOGE) can be - at the same time - a good investment and a bad means of payment.
The fact that Musk likes DOGE as an investment doesn't imply that he likes it as a means of payment.
A means of payment must be stable.
There is a reason why PayPal chose a Stablecoin instead of some cryptocurrency as their means of payment!
The volatility of DOGE and other cryptos prevents them from becoming a suitable means of payment for X.
I'm sure Musk and his advisors are aware of this.
I believe that if X integrate cryptocurrency payments, it could have a significant impact on the cryptocurrency market. It would be the first major app to do so, and it could lead to a surge in adoption of cryptocurrencies.
Besides DOGE, some people predict that some X-- token could be chosen like XRP, XLM, XDC, XYO but I think of XBT, another Bitcoin tiker[2].
So DOGE and XBT are the 2 crypto that I think of first in case Elon Musk wants to integrate crypto. Recently Elon Musk doesn't want to talk about crypto too much[3], so I'm quite worried.
Do you think X will integrate crypto? Which token will be the first choice for X?
We can easily guess that Elon Musk will set Doge Coin at his X site.
~I think several large countries such as Russia and China are countries that really like technological developments, while Elon's cryptocurrency is one of the digital currency developments that should get full support. Unfortunately Elon Musk does not provide full access to buy the coins he owns, Elon should open access to buy Dogecoin so that demand increases and provides an increase in the price of Dogecoin.
So, the management of one of the biggest corporations in the world... is going to cut off 70% or the world population from their payment system... and taking the risk of getting banned from 80% of the face of the earth... because their CEO likes a cryptocurrency
I accept bets! :D
and people are saying about coins starting with X because of his obsession with word X. but I don't think there is any reality.
In my opinion Twitter(X) will not integrade Crypto payments.
In my opinion Twitter(X) will not integrade Crypto payments. but if they do that then they would launch their own cryptocurrency. I don't think Elon musk going to use a Coin built by another company for his services. he is a businessman and he know he can make a lot of money launching his own coin.
I forgot stablecoin, thank you for reminding me. Stablecoins are also an interesting option as PayPal also has their own stablecoins and X can consider integrating USDT or USDC. I have replaced GROK with Stablecoin in the pool, hope we will have more interesting opinions on this issue.
Currently we do not have any information about X-payment wanting to operate on a global scale like PayPal, maybe X is for U.S. users. We only know that X was granted money transmitter licenses in the U.S. states[1], so any issues with the legality of BTC, DOGE and USD-pegged stablecoins are not really important to X and Elon Musk in the U.S. Even DOGE has been used in Elon Musk's ecosystem:
I think Musk is smart enough to not link X to the $
1) Political issue: In many countries USA and $ are... not seen exceedingly well :D
I’m not talking only about the countries where $ pegged stablecoins are strictly prohibited (currently for ex. USDT is banned in Cuba; North Korea; Iran; Pakistan; Singapore; Syria; the Government of Venezuela; and Crimea).
I’m talking also about countries where $ pegged coins are just tolerated i.e. a situation that could deteriorate very quickly. A giant risk!.
Integrating a $ pegged currency within X could hinder the expansion of X in all countries where either authorities or the people (or both) don’t like the $ or the USA (or both).
Currently we do not have any information about X-payment wanting to operate on a global scale like PayPal, maybe X is for U.S. users.
Which currency is accepted in all countries, all over the world?
No political issues? No religious issues?
Hi SpasyboUp to now, I do not have any information about X-payment's goal of serving global users. For now we only know that X-payment wants to operate and serve users in many US states. I will wait for more information instead of guessing what ambitions Elon Musk has with X-payment.
do you really think possible that international corporations like Facebook, Paypal, X/Twitter, WhatsApp, Instagram, Telegram, YouTube ... could integrate a payment system to be used only for the users... of one - or a few - country?
Maybe the fact that X didn't announce that they want their payment system to be used globally, is because it's so obvious that they don't need to announce it explicitly.
Do you think X will integrate crypto? Which token will be the first choice for X?We once saw Dogecoin was MemeCoin. That Dogecoin got a fair bit better than MemeCoin in Elon musk effort and reached a high of 0.788$ which is Dogecoin's new high ATH all time. If Elon Musk integrates any coin into his X account, I think he will integrate Dogecoin into his X account. Because with this Dogecoin, it can be seen that he sometimes brings new news. So it is not clear what will happen next but if he wants to go ahead with any coin then I think he will go ahead with Dogecoin only.
If he is putting money where his mouth is, the easiest crypto to think of that he'll integrate with X is Dogecoin. He shills it at all times and sure that he holds a lot of it and made significant money from tweeting it. But this time, if he's going to be real with it then make it the first one to adopt it but it's not even a problem because if he's going to integrate crypto and payments on X then obviously, it's going to include BTC.
Do you think X will integrate crypto? Which token will be the first choice for X?We once saw Dogecoin was MemeCoin. That Dogecoin got a fair bit better than MemeCoin in Elon musk effort and reached a high of 0.788$ which is Dogecoin's new high ATH all time. If Elon Musk integrates any coin into his X account, I think he will integrate Dogecoin into his X account. Because with this Dogecoin, it can be seen that he sometimes brings new news. So it is not clear what will happen next but if he wants to go ahead with any coin then I think he will go ahead with Dogecoin only.
Given his interest in Doge I think this memecoin will become one or maybe he will just create a new coin called X. Though this is just my speculation about this topic but who knows? 😅 It could also be Bitcoin but I think just to be accurate let us wait for his announcement.Doge can't be separated from Elon Musk. If he considers to integrate a coin, meme coin should be one of the first choices. I'm not sure if Elon Musk plans to make a new coin, named coin X. If he wants to make a new coin, he already created the coin in the few years ago. But he didn't announce anything related to the plan to have a new coin. I think he will integrate the meme coin or Bitcoin, this is the most possible coin for Elon Musk's plan.
Doge can't be separated from Elon Musk. If he considers to integrate a coin, meme coin should be one of the first choices. I'm not sure if Elon Musk plans to make a new coin, named coin X. If he wants to make a new coin, he already created the coin in the few years ago. But he didn't announce anything related to the plan to have a new coin. I think he will integrate the meme coin or Bitcoin, this is the most possible coin for Elon Musk's plan.Yeah It's true, as you said, Elon Musk must carefully consider what meme coin will be integrated with the platform he has because so far there has been no clear announcement on this issue, but when Elon Musk uses Doge as his choice, it will increase the price for Doge and Of course price manipulation will occur and put many people at high risk, or Elon Musk could create his own team to create new tokens or coins that are purely under his control.
Up to now, I do not have any information about X-payment's goal of serving global users. For now we only know that X-payment wants to operate and serve users in many US states. I will wait for more information instead of guessing what ambitions Elon Musk has with X-payment.
I hope X-payment will make an announcement soon and we will know the exact information about their service 😁
Given his interest in Doge I think this memecoin will become one or maybe he will just create a new coin called X. Though this is just my speculation about this topic but who knows? 😅 It could also be Bitcoin but I think just to be accurate let us wait for his announcement.
I remember the moment when Tesla inc allowed to pay for their EV accessories and merchandise in dogecoins. It was announced that "Tesla accept dogecoin now", but that option was available only for part of Tesla products. I havent seen any sales reports or announcement that dogecoin acceptance was successful. From that I can make a conclusion that whole program wasnt as successful as expected. Now Twitter/X, another Elon Musks company. He has already experience of not successful trades with Tesla, why would he spend funds on integrating crypto to Twitter/X, when the company shows weak financial results. Imo none of crypto is going to integrated.
This sounds funny to me, but at the same time, it could become a reality because sometimes the information may be hidden from people until the end date, and people will just be surprised by what can play out. I don't doubt that he could actually design his own token, or who knows if he already has his own coin, because currently in the space, there are different coins with the name "Elon" in their tickers. We are just speculating, but the end will really tell.When the rich person Elon Musk wants to make his own coin, it is very easy to do because making coins is very cheap and the manufacturing process is also very easy. The most difficult thing is to find people who are interested in the coins that have been made. It is not certain that there will be a lot of coins. demand because what makes the coin price have value is the demand on the exchange.
Yeah It's true, as you said, Elon Musk must carefully consider what meme coin will be integrated with the platform he has because so far there has been no clear announcement on this issue, but when Elon Musk uses Doge as his choice, it will increase the price for Doge and Of course price manipulation will occur and put many people at high risk, or Elon Musk could create his own team to create new tokens or coins that are purely under his control.Yes, there is no announcement about the coins that may Elon Musk integrates into X so far. It is just a speculation of the possible coin to be integrated by Elon Musk. Since Elon Musk is very familiar with meme coins, he seems to choose meme coins in the first option. Dogecoin should be the priority if Elon Musk want to choose 1 coin. But Bitcoin is also another good option for Elon Musk because it is the main crypto coin.
Musk will integrate the coin/token that best suits his interests into X, obviously. It is logical to think that the chosen currency will be Doge, but there may be surprises in this regard and Musk could also implement his own currency (I have read on some sites that his currency could be called Grok, like his AI) but there is still no 100% reliable information.
Whatever coin/token Musk chooses for X, it will be a breeding ground for bankruptcies around the world, since as we know, Musk manipulates Doge, so we should also know that he will do exactly the same in any case. Although I am sure that if the integration is carried out even with the regulatory problems it may have, Musk will present it to the world as one of his magic formulas.
He would be far better off doing Doge as it would not be his "bitch" so to speak. Doge has a robust POW backing with longterm suability built into its design.I see that every reply to your post is always very useful, even though sometimes your words are always unique and very funny to read. lol
But Musk is fairly fucking nuts so maybe he tries another coin.
He would be far better off doing Doge as it would not be his "bitch" so to speak. Doge has a robust POW backing with longterm suability built into its design.
But Musk is fairly fucking nuts so maybe he tries another coin.
He needs a payment system that is quick so maybe it will fit the bill.
Maybe the Doge will be integrated Elon Musk into X. Because we all see all this time Elon Musk is enough to support with Dogecoin. But this is just a poll, hopefully it will be a reality. Unless Elon will create a Coin that will be integrated into X.As evidenced by his close ties to the Dogecoin community and Twitter activity surrounding the SHIB and FLOKI memocoins, Elon Musk has a talent for them. However, this may not be enough for Musk to support memecoins when the social network begins accepting cryptocurrency payments.
As evidenced by his close ties to the Dogecoin community and Twitter activity surrounding the SHIB and FLOKI memocoins, Elon Musk has a talent for them. However, this may not be enough for Musk to support memecoins when the social network begins accepting cryptocurrency payments.Elon Musk's journey to influence the meme coin movement is no longer as smooth as last year because currently the trigger for many meme coins being created is because of Elon Musk's tweets so this will make traders confused about what meme coin Elon Musk will make to the moon again. , but I'm sure Elon Musk will still give full support to Doge coin because so far the oldest meme coin is Doge coin.
With such an audience and other businesses that he manages, nothing prevents him from creating his own token, or even a coin if he loves crypto so much. Why would he promote someone else’s project if he can promote his own. Unless he has a normal share in some crypto project.
This is one of the possible development options. But if you put “your” token into a noble technological or, as is now fashionable, ecological shell, then perhaps there will be no criticism at all.There are many options, in general, we will see everything ourselves if this happens.With such an audience and other businesses that he manages, nothing prevents him from creating his own token, or even a coin if he loves crypto so much. Why would he promote someone else’s project if he can promote his own. Unless he has a normal share in some crypto project.
If Musk uses any already created coin/token he would have to comply with several legal issues, regardless of whether it is Doge or similar. But if Musk creates his own coin/token he would have many more problems. The first thing that many people in the industry and the SEC would also say is that Musk could control the total supply and manipulate the price according to his interests, something he could not do with an already established project, and with part of the coins/tokens in circulation. Musk should carefully measure the possible consequences whatever he does, since in any case, the industry will always criticize his actions.
Maybe the Doge will be integrated Elon Musk into X. Because we all see all this time Elon Musk is enough to support with Dogecoin. But this is just a poll, hopefully it will be a reality. Unless Elon will create a Coin that will be integrated into X.
Judging from Elon's interest in being able to take Doge into a token that supports X later,Do you think Elon Musk will create a new coin to integrate into X project?
just as we know Elon has high controversy in decision making, so I think there is a possibility that X makes his own coin
Do you think Elon Musk will create a new coin to integrate into X project?I think Elon Musk will not do that because he is aware that cryptocurrency price movements depend on the existence of useful products. So far, the products he has are indeed useful, but the prices are very expensive, so not everyone can afford them. Even some time ago, Elon Musk provided information that he stopped accepting payments using Bitcoin and other cryptocurrency for purchasing Tesla products. Until now, Elon Musk has only focused on Bitcoin, Ethereum, and Dogecoin.
I think it is not impossible but if he wants to make it easier, he will just choose the existing coins. Dogecoins and Bitcoin are 2 coins that may be considered by Elon Musk because these 2 coins have big roles in Elon Musk's business. However, Elon Musk is sometimes unpredictable, he can make something that we never expected.
This is one of the possible development options. But if you put “your” token into a noble technological or, as is now fashionable, ecological shell, then perhaps there will be no criticism at all.There are many options, in general, we will see everything ourselves if this happens.
As for problems on the part of legal authorities, there may very well be, and there are many examples of this. As for when a person buries himself and takes others for idiots, karma works out quite quickly in such cases, take, for example, that former owner of Binance.This is one of the possible development options. But if you put “your” token into a noble technological or, as is now fashionable, ecological shell, then perhaps there will be no criticism at all.There are many options, in general, we will see everything ourselves if this happens.
Musk can put the eco-label or even say it is to save humanity from aliens on a new token that is his own creation, but when everyone knows that token is owned by Musk, no one will believe or read the labels. I think Musk will receive criticism no matter what he does, and I don't think it's bad on some occasions, like the clear manipulation with Doge. The problem itself is not that Musk is a manipulator, the biggest problem from my point of view is that he does not hide to manipulate, taking people for idiots. I'm also sure that Musk will have all the legal impediments (and more) when he decides to use a coin/token, no matter what it is.
As a social media platform and also for business purposes Elon Musk will not us only one cryptocurrency in X and it will a joint or combine cryptocurrencies for the payment in the platform. And the coins I think he is using are Dogecoin, Ethereum, and Bitcoin. Though I am not active in Twitter or the latest name X. And I believe that those are the coins he will use to integrate to the social media platform call X.
If Musk were to consider using more than one cryptocurrency for X, that would multiply his problems. I think Musk would even have a lot of problems just using a cryptocurrency. Using Ethereum or Bitcoin as you say, I don't think it would be viable, if Musk used the two cryptocurrencies with the largest market capitalization, not only the SEC, but the entire community would jump on him, and with compelling reasons. In this case, the billionaire does not have many options to choose from without everyone criticizing him, no matter how much money Musk has, he is old enough to know that he cannot do what he wants, like a little boy.I believe Musk will have more issues to consider when choosing an accepted payment method for X-payments. Crypto is just one of the options and we have no information, everything is just personal opinion based on Musk's actions and statements. Currently, X shares revenue for content creators in fiat, not crypto.
We do know that Elon does have that kind of very random way of thinking on which we might be believing that he might be that integrating those traditional payment system butIf Musk were to consider using more than one cryptocurrency for X, that would multiply his problems. I think Musk would even have a lot of problems just using a cryptocurrency. Using Ethereum or Bitcoin as you say, I don't think it would be viable, if Musk used the two cryptocurrencies with the largest market capitalization, not only the SEC, but the entire community would jump on him, and with compelling reasons. In this case, the billionaire does not have many options to choose from without everyone criticizing him, no matter how much money Musk has, he is old enough to know that he cannot do what he wants, like a little boy.I believe Musk will have more issues to consider when choosing an accepted payment method for X-payments. Crypto is just one of the options and we have no information, everything is just personal opinion based on Musk's actions and statements. Currently, X shares revenue for content creators in fiat, not crypto.
We should hope Musk and X announce more information about X-payments soon ^^
if Musk used the two cryptocurrencies with the largest market capitalization, not only the SEC, but the entire community would jump on him,
The entire community of whom? the crypto people?
Why should the management of a multinational corporation with 500 millions users take strategic decisions based on the wishes of crypto traders.
X is going to implement a new international payment system, not a crypto exchange.
I would assume that he will create his own, not that he doesn't have the funds or the talent that he already has. It is widely known that he wants to have an X named social media everything, like from wallet to chat to twitter to basically every single thing, maybe even connect it to teslas as well (spacex would be difficult for now). This is why I would assume that he could technically turn that into a token business, imagine having a twitter token at twitter where people could just move money around, and its your wallet as well. You earn by using it, or just move money around, pay people, earn, and so forth. That can make a bit more interesting.I haven't thought of this because it might not be possible, but I like your idea.
if Musk used the two cryptocurrencies with the largest market capitalization, not only the SEC, but the entire community would jump on him,
The entire community of whom? the crypto people?
Why should the management of a multinational corporation with 500 millions users take strategic decisions based on the wishes of crypto traders.
X is going to implement a new international payment system, not a crypto exchange.
I have talked about the community, and said community is not only the users, it is also part of, among others, the developers and maintainers of the best-known projects.
Elon Musk said he will make X a social media and payment gateway that will do better than PayPal. From the look of things, it seems that his idea will not come live any time soon, and if it does, he will definitely integrate not only one or two cryptocurrency because there are already billions of users on X who come from different parts of the world, and different individuals have their own preferences for payment or crypto that they want to use, so he will integrate many coins and still other payment methods that will also be easy for users.I can't wait to see the project that is being developed by Elon Musk. I am sure that with this method there will be many transactions that will probably be easy for many people to use. So far, Paypal users are still very limited, therefore when X starts developing a project like this, my hope is can be used by everyone easily.
Elon Musk said he will make X a social media and payment gateway that will do better than PayPal. From the look of things, it seems that his idea will not come live any time soon, and if it does, he will definitely integrate not only one or two cryptocurrency because there are already billions of users on X who come from different parts of the world, and different individuals have their own preferences for payment or crypto that they want to use, so he will integrate many coins and still other payment methods that will also be easy for users.I can't wait to see the project that is being developed by Elon Musk. I am sure that with this method there will be many transactions that will probably be easy for many people to use. So far, Paypal users are still very limited, therefore when X starts developing a project like this, my hope is can be used by everyone easily.
In my opinion Twitter(X) will not integrade Crypto payments. but if they do that then they would launch their own cryptocurrency. I don't think Elon musk going to use a Coin built by another company for his services. he is a businessman and he know he can make a lot of money launching his own coin.
100% Jamal!
I haven't think about that. I completely agree!
And specifically, which kind of cryptocurrency?
This is my theory: given that the best means of payment are stablecoins... just as Facebook tried with Libra... just as Paypal has Paypal USD... X will choose a stablecoin as their means of payment.
Ladies and Gentlemen... Stablecoin X :D
Elon Musk's Crypto Odyssey: X Coin Takes the World by Storm, Billion-Dollar Blockchain Revolution!
In an exciting development shaking up the digital currency world, Elon Musk, the mind behind Tesla and SpaceX, has introduced a game-changing addition to his portfolio – X Coin. This marks a significant opportunity for investors looking to ride the wave of innovation in finance and blockchain technology. As X Coin gains traction on social media, its potential for exponential growth becomes increasingly apparent.
During the Pre-Sale stages, the token's price has soared to $3.95 in Stage 3. This strategic pricing ensures early adopters are at the forefront of X Coin's evolution, promising lucrative returns as the journey unfolds. With plans for X Coin to be listed on major exchanges like Binance, Coinbase, and Crypto.com, as well as integration into leading wallets, now is the time to secure tokens at favorable rates.
Investing in X Coin offers more than just financial gain; it unlocks a world of exclusive privileges. Token holders can embark on extraordinary ventures to Mars, secure invites to elite rocket launches, and access unique offerings from industry giants like Tesla, the Boring Company, and Neuralink. Moreover, holding significant X Coin stakes grants influence over pivotal corporate decisions, shaping the future of the platform.
Under Elon Musk's visionary leadership, X Token is set to spearhead blockchain innovation for years to come, serving as a primary medium of exchange within the X platform.
Why X Token is doing PRIVATE PRESALE?
During the private presale, access is usually limited to a select group of individuals or investors. This exclusive phase allows the project to raise initial capital and attract strategic investors before opening up to the broader public.
To build anticipation and maintain a controlled release, information about the project might not be widely publicized until it reaches later stages or the public sale phase. As the project progresses, more marketing efforts and information dissemination typically occur to reach a broader audience.
In summary, if people are not yet aware of X Token, it's likely because the project is intentionally keeping a lower profile during its private presale, reserving broader announcements for later stages in its development.
[ center][ img width=500]https://pbs.twimg.com/media/GIe9RdXXAAAxbGP?format=png&name=900x900[/img][/center]
:D
As a social media platform and also for business purposes Elon Musk will not us only one cryptocurrency in X and it will a joint or combine cryptocurrencies for the payment in the platform. And the coins I think he is using are Dogecoin, Ethereum, and Bitcoin. Though I am not active in Twitter or the latest name X. And I believe that those are the coins he will use to integrate to the social media platform call X.
If Musk were to consider using more than one cryptocurrency for X, that would multiply his problems. I think Musk would even have a lot of problems just using a cryptocurrency. Using Ethereum or Bitcoin as you say, I don't think it would be viable, if Musk used the two cryptocurrencies with the largest market capitalization, not only the SEC, but the entire community would jump on him, and with compelling reasons. In this case, the billionaire does not have many options to choose from without everyone criticizing him, no matter how much money Musk has, he is old enough to know that he cannot do what he wants, like a little boy.
[ center][ img width=500]https://pbs.twimg.com/media/GIe9RdXXAAAxbGP?format=png&name=900x900[/img][/center]
:D
....it's a scam.
https://malwaretips.com/blogs/warning-x-token-pre-sale-scam-steals-your-crypto/
https://www.thestreet.com/crypto/markets/x-token-crypto-scam-runs-rampant-by-promoting-ties-to-elon-musk
https://www.benzinga.com/markets/cryptocurrency/23/08/34146311/elon-musk-puts-rumors-to-rest-rejects-x-token-amid-securing-crypto-wallet-licenses-across-
Did you really think Elon is competent enough to create a token? ???
That's why he's not actually running any of his companies and has a bunch of people doing it for him.
Why X Token is doing PRIVATE PRESALE?
Elon Musk is a really smart person; he wouldn't be a visionary if he wasn't a wise businessman. Especially since he knows himself, he has the ability to manipulate the price somehow. Just like what he did several times when he bought Dogecoin and Shiba Inu, before he posted on Twitter, he bought a huge amount of Dogecoin and Shiba Inu, and because he wanted to reap a profit from his invested crypto meme coins, he was able to make millions of dollars in the field of crypto business.I don't think Elon Musk would want X-payment to have problems with crypto shilling, which could negatively affect its value. It shouldn't be mentioned as something associated with memecoins. Elon once said that DOGE could be the currency of the future for everyone, but not necessarily right now. If X-payment will really allow users to use crypto, I think Elon would choose a famous crypto with a large community and enough credibility to build the brand for X-payment in the long term. Honestly, I only think of BTC and USDT ^^
And there were many witnesses there, and we know that. Now, we don't know what his next step in that matter will be, but even so, he is sure of himself that he can do it again, and we just don't really know what meme coins he will promote this bull run.
Why X Token is doing PRIVATE PRESALE?
Because it is the perfect hook to attract unsuspecting users and shape the scam, because in case you didn't know, it's a scam. If it were a legal pre-sale it would have appeared in all the media in the world, and it has not had material time to do so or to maintain all the legal regulations that something like this would have. I guess you already knew all this.
Elon Musk is not a privileged mind, he is a guy with a lot of money.
because he has a lot of money, he is free to do what he wants, without thinking about the impact of what he uses, now and in the future, we will be more careful with anything related to Eon Musk because after being given a profit, he will definitely be left without a trace.that is the character of a genuine entrepreneur. The only thing on his mind is being able to make a profit with what he is going to do. That's right, because he has money, he feels that everything can be arranged by him without exception, everything can be conditioned by his will. Whatever he wants to achieve, he will do it. I agree that don't believe too much in Elon's actions, because at any time he will change his mind only with the aim of benefiting himself.
Regardless of DOGE or XBT as you mentioned, if you think again, Elon Musk has greater power than that. He can create his own coins for his X needs and also make initial sales to the public regarding the features and utilities offered by these coins related to his X.I doubt Elon Musk will issue a private token because it requires a huge effort while making the token centralized and deeply influenced by an individual. I don't think users like to use and own such tokens, unless it is a stablecoin, and I don't think Elon Musk wants to introduce USDX or XUSD. If X want to support stablecoins, X-payment can use USDT or USDC.
I myself am quite doubtful why Elon Musk is not quick enough to make the decision to adopt cryptocurrency as quickly as possible. There may still be many considerations that he must think about before actually adopting cryptocurrency for his X platform.
Regardless of DOGE or XBT as you mentioned, if you think again, Elon Musk has greater power than that. He can create his own coins for his X needs and also make initial sales to the public regarding the features and utilities offered by these coins related to his X.
I myself am quite doubtful why Elon Musk is not quick enough to make the decision to adopt cryptocurrency as quickly as possible. There may still be many considerations that he must think about before actually adopting cryptocurrency for his X platform.
Regarding the strategic decisions of the multinational, let me tell you that since Musk acquired Twitter they have not only lost a lot of money, they have also lost millions of users, so those decisions may not be the most appropriate, such as, for example, publicly insulting one of the platform's advertisers, as he has done with Disney.
I believe he has some ara of arrogance added in all that touch and beside he is basically doing what every successful business men is doing which is actually selling people the lie and when they have all bought it and BAAM!! he pounce, and that's why when it comes to anything concerning these big celebrity business men and their talks I don't normally pay much attention.Why X Token is doing PRIVATE PRESALE?
Because it is the perfect hook to attract unsuspecting users and shape the scam, because in case you didn't know, it's a scam. If it were a legal pre-sale it would have appeared in all the media in the world, and it has not had material time to do so or to maintain all the legal regulations that something like this would have. I guess you already knew all this.
Elon Musk is not a privileged mind, he is a guy with a lot of money.
-snip-As an entrepreneur, anything will be done if it is profitable for his financial coffers, and the same goes for crypto. He doesn't like it, but he uses his expertise in business to make many people believe what he says. So it's not surprising that Doge can be successful and profitable, and so can he be profitable. He knows that crypto cannot be combined with his business because it has already been done with Tesla, and it didn't work well, so don't expect that Elon will do that, there will be no crypto connected to his business.
We shouldn't even lie to ourself, Elon like Crypto and see it as on or his retirement plan in the future, despite the fact that he loves Doge, he can't add it to Telsa because he can't do it alone. Telsa is one the biggest company in US and many politicians have stake there as well so, don't expect crypto near there.
I think we should think of which requirements should have a currency in order to be suitable as currency to be used within X’ payment system.
So this is what I come up with at the moment:
a) it must be a currency accepted in all countries where X is present or want to expand to.
b) it must be a currency with a stable value.
c) scalability.
d) low transaction fees.
Low fees and scalability are needed to become currency on Earth :DIf you have obtained it according to your wishes as mentioned above, but it has very poor security because it is easy to break and it may be very easy to double the nominal amount, without the developer knowing, this will not be useful for the community, because the security system should be a priority. mainly for digital currencies, while transaction fees will follow existing developments and situations.
Many have speculated that the payment system that Elon Musk intends to use for his own platform, Twitter, is none other than Dogecoin. Moreover, he is currently rumored to be using Dogecoin for Space X payments. But I don't take any of Elon Musk's words seriously because his announcement only becomes credible if the right decisions are implemented.No, it is impossible for Elon Musk to fully use Dogecoin because so far Dogecoin has a very large supply and many people have kept Dogecoin in their personal wallets, so Elon Musk will not take a risk like this, there is a possibility that Elon Musk will create his own digital currency which is more useful for Elon Musk.
From a business perspective, it is possible that X will accept all coins such as Doge, stable coins, LTC and else except BTC and most likely will be immediately converted to traditional currency/fiat/USD.The transaction fee issue can be solved by the Lightning Network, similar to what El Salvador is applying. I think the problem only lies in the legality and user interest. The most important thing is that X-payment has not revealed anything about crypto, which makes us continue to be curious and make many speculations.
And if there is a refund claim, it will definitely be paid in USD, just like Tesla policy when they accepted BTC for Tesla purchases several years ago in the US.
But I still doubt that X will accept payments in crypto because of the transaction fees that the company will bear when they convert the coins to traditional currency/fiat.
Especially using BTC because Twitter blue mark payments are only $8 per month and $84 per year, many small inputs = the transaction fees will be expensive.
Elon is a true business executive who, as long as what he does will be profitable, then he will do it and that is logical for all business people to do. I agree, Elon is not too interested in dog, because the supply is quite high, so it is difficult to control and the price is also difficult to raise so that it is high.Many have speculated that the payment system that Elon Musk intends to use for his own platform, Twitter, is none other than Dogecoin. Moreover, he is currently rumored to be using Dogecoin for Space X payments. But I don't take any of Elon Musk's words seriously because his announcement only becomes credible if the right decisions are implemented.No, it is impossible for Elon Musk to fully use Dogecoin because so far Dogecoin has a very large supply and many people have kept Dogecoin in their personal wallets, so Elon Musk will not take a risk like this, there is a possibility that Elon Musk will create his own digital currency which is more useful for Elon Musk.
All the people who said Doge may know something about Elon personally, because lets face it dude is a weird person and the world didn't know it before the whole twitter thing and even before doge era he had we had no idea. But looking at him now, he is definitely weird and the type of person who would do something as silly as this without a doubt, that's why I understand all the people who said Doge.Indeed, Dge is a coin often associated with Elon. In fact, Elon is considered to be one of the things that influenced Doge to soar with great success in the last bullish era. Although actually there are many factors related to the success of this meme coin. However, it cannot be denied that the name Elon Musk is one that is very closely related.
Elon is a true business executive who, as long as what he does will be profitable, then he will do it and that is logical for all business people to do. I agree, Elon is not too interested in dog, because the supply is quite high, so it is difficult to control and the price is also difficult to raise so that it is high.That's right, he is a person who always thinks about how to continue to increase the money he has by building projects from trust and so on. Take a look at the Mars project which cost millions of dollars, many of the rockets that were launched often failed and the money used to build the rocket automatically disappears. Surprisingly, many people still believe in Elon Musk to build another rocket.
But I'm not sure that Elon will be interested in creating his own digital money, since Elon is used to taking over ready-made companies, why go to the trouble of creating?
But let's just wait and see what will be done with crypto, for the business he is currently involved in.
All the people who said Doge may know something about Elon personally, because lets face it dude is a weird person and the world didn't know it before the whole twitter thing and even before doge era he had we had no idea. But looking at him now, he is definitely weird and the type of person who would do something as silly as this without a doubt, that's why I understand all the people who said Doge.Indeed, Dge is a coin often associated with Elon. In fact, Elon is considered to be one of the things that influenced Doge to soar with great success in the last bullish era. Although actually there are many factors related to the success of this meme coin. However, it cannot be denied that the name Elon Musk is one that is very closely related.
Moreover, Elon often tweets about Dogecoin and its use in several Elon-related companies, such as SpaceX and most recently Tesla. So, the Doge coin is being widely discussed again. Even though we know how many meme coins involve names related to Elon Musk and others, basically, there is no connection.
And for this, also, I'm sure that Doge is the meme coin that will be integrated, probably
Every tweet that he had made out which is connection with crypto or having those slight hints on which a particular project would really be pumping out. It would really be somethingAll the people who said Doge may know something about Elon personally, because lets face it dude is a weird person and the world didn't know it before the whole twitter thing and even before doge era he had we had no idea. But looking at him now, he is definitely weird and the type of person who would do something as silly as this without a doubt, that's why I understand all the people who said Doge.Indeed, Dge is a coin often associated with Elon. In fact, Elon is considered to be one of the things that influenced Doge to soar with great success in the last bullish era. Although actually there are many factors related to the success of this meme coin. However, it cannot be denied that the name Elon Musk is one that is very closely related.
Moreover, Elon often tweets about Dogecoin and its use in several Elon-related companies, such as SpaceX and most recently Tesla. So, the Doge coin is being widely discussed again. Even though we know how many meme coins involve names related to Elon Musk and others, basically, there is no connection.
And for this, also, I'm sure that Doge is the meme coin that will be integrated, probably
Your post would make sense in 2021-2022 only. Right now Elon seems to be not interesting or paying much attention not only to dogecoin, but to any other or cryptocurrency in general. Ok, he has retweeted a tweet one of dogecoin creators made recently. But imo he did it only because X was mentioned there. I find it hard to remember when was the last time he tweeted something about crypto, and even harder to remember when his crypto related tweet had any impact.
It is very difficult to understand about him because he has made various comments at various times. Sometimes he is claimed to be the owner of a particular crypto project, but there is disagreement as to whether he actually owns that particular crypto or not. Moreover, he often posts about crypto and sometimes other business. Everyone who invested in crypto depending on him now they are upset. I know him as a reputable businessman but crypto trading should never be taken by his word. Everyone trades based on some strategy. He is considered a major crypto influencer but never invest in crypto based on him.Every tweet that he had made out which is connection with crypto or having those slight hints on which a particular project would really be pumping out. It would really be somethingAll the people who said Doge may know something about Elon personally, because lets face it dude is a weird person and the world didn't know it before the whole twitter thing and even before doge era he had we had no idea. But looking at him now, he is definitely weird and the type of person who would do something as silly as this without a doubt, that's why I understand all the people who said Doge.Indeed, Dge is a coin often associated with Elon. In fact, Elon is considered to be one of the things that influenced Doge to soar with great success in the last bullish era. Although actually there are many factors related to the success of this meme coin. However, it cannot be denied that the name Elon Musk is one that is very closely related.
Moreover, Elon often tweets about Dogecoin and its use in several Elon-related companies, such as SpaceX and most recently Tesla. So, the Doge coin is being widely discussed again. Even though we know how many meme coins involve names related to Elon Musk and others, basically, there is no connection.
And for this, also, I'm sure that Doge is the meme coin that will be integrated, probably
Your post would make sense in 2021-2022 only. Right now Elon seems to be not interesting or paying much attention not only to dogecoin, but to any other or cryptocurrency in general. Ok, he has retweeted a tweet one of dogecoin creators made recently. But imo he did it only because X was mentioned there. I find it hard to remember when was the last time he tweeted something about crypto, and even harder to remember when his crypto related tweet had any impact.
that still significant when it comes to those kind of tweets but of course this is something that cant really be that so sure when it comes to assurance that it would be pumping up.
Its true that it is really somewhat that he hasnt put up any interest now on crypto space, but well we dont really know on whats up on the mind of Elon
on which this dude would really be always that having that shocking tweets which could really be connected into some projects.
Elon is a true business executive who, as long as what he does will be profitable, then he will do it and that is logical for all business people to do. I agree, Elon is not too interested in dog, because the supply is quite high, so it is difficult to control and the price is also difficult to raise so that it is high.That's right, he is a person who always thinks about how to continue to increase the money he has by building projects from trust and so on. Take a look at the Mars project which cost millions of dollars, many of the rockets that were launched often failed and the money used to build the rocket automatically disappears. Surprisingly, many people still believe in Elon Musk to build another rocket.
But I'm not sure that Elon will be interested in creating his own digital money, since Elon is used to taking over ready-made companies, why go to the trouble of creating?
But let's just wait and see what will be done with crypto, for the business he is currently involved in.
Every tweet that he had made out which is connection with crypto or having those slight hints on which a particular project would really be pumping out. It would really be somethingAll the people who said Doge may know something about Elon personally, because lets face it dude is a weird person and the world didn't know it before the whole twitter thing and even before doge era he had we had no idea. But looking at him now, he is definitely weird and the type of person who would do something as silly as this without a doubt, that's why I understand all the people who said Doge.Indeed, Dge is a coin often associated with Elon. In fact, Elon is considered to be one of the things that influenced Doge to soar with great success in the last bullish era. Although actually there are many factors related to the success of this meme coin. However, it cannot be denied that the name Elon Musk is one that is very closely related.
Moreover, Elon often tweets about Dogecoin and its use in several Elon-related companies, such as SpaceX and most recently Tesla. So, the Doge coin is being widely discussed again. Even though we know how many meme coins involve names related to Elon Musk and others, basically, there is no connection.
And for this, also, I'm sure that Doge is the meme coin that will be integrated, probably
Your post would make sense in 2021-2022 only. Right now Elon seems to be not interesting or paying much attention not only to dogecoin, but to any other or cryptocurrency in general. Ok, he has retweeted a tweet one of dogecoin creators made recently. But imo he did it only because X was mentioned there. I find it hard to remember when was the last time he tweeted something about crypto, and even harder to remember when his crypto related tweet had any impact.
that still significant when it comes to those kind of tweets but of course this is something that cant really be that so sure when it comes to assurance that it would be pumping up.
Its true that it is really somewhat that he hasnt put up any interest now on crypto space, but well we dont really know on whats up on the mind of Elon
on which this dude would really be always that having that shocking tweets which could really be connected into some projects.
Actually, it is clear what he wants to turn X into. He has said several times and there are rumors, that he wants to turn into chat+wallet+payment system+something. X has 4 tops, each top will symbolize a use case. He wants to turn X into something that you will be able: someone send you a tweet with a link, you click on it and pay for good or service. Sort of an NFC thing. Plus other features. First of all he will implement fiat there. I dont know how much time it will take them to develop all those features for X, but it will take a lot of time definitely. And discussing right now which altcoin he will integrate into it, or will it be bitcoin, seems for me like forecasting weather for specific day in few years (which is impossible).Elon wants to turn X into a super-app like WeChat in China, where people can chat and pay easily. X-payment has been created but it has not been officially released yet because it needs to have enough operating licenses in many states in the US. According to my knowledge, the licensing process is going quite well and X-payment will soon be launched nationwide in the US. Fiat will definitely be supported, crypto is only a possibility because we all know that Elon loves crypto, Twitter has also supported tipping with BTC.
Which is XBT? It's my first time coming across such abbreviation, is XBT a coin or a payment system that is being developed by X, forgive my ignorance, but I've actually tried looking for this on coinmarketcap, but does look the coins I saw with such abbreviation will ever have anything to do with X, I am only certain about Doge coin, I personally have believed that there so not way Elon musk will launch X payment without integrating doge coin as one of the payment options..Actually, it is clear what he wants to turn X into. He has said several times and there are rumors, that he wants to turn into chat+wallet+payment system+something. X has 4 tops, each top will symbolize a use case. He wants to turn X into something that you will be able: someone send you a tweet with a link, you click on it and pay for good or service. Sort of an NFC thing. Plus other features. First of all he will implement fiat there. I dont know how much time it will take them to develop all those features for X, but it will take a lot of time definitely. And discussing right now which altcoin he will integrate into it, or will it be bitcoin, seems for me like forecasting weather for specific day in few years (which is impossible).Elon wants to turn X into a super-app like WeChat in China, where people can chat and pay easily. X-payment has been created but it has not been officially released yet because it needs to have enough operating licenses in many states in the US. According to my knowledge, the licensing process is going quite well and X-payment will soon be launched nationwide in the US. Fiat will definitely be supported, crypto is only a possibility because we all know that Elon loves crypto, Twitter has also supported tipping with BTC.
I think X-payment will appear this year and then we will have the clearest answer from Elon himself! Although USDT is also a good option because it is stable and pegged to USD, I still support XBT and DOGE ^^
Which is XBT? It's my first time coming across such abbreviation, is XBT a coin or a payment system that is being developed by X, forgive my ignorance, but I've actually tried looking for this on coinmarketcap, but does look the coins I saw with such abbreviation will ever have anything to do with X, I am only certain about Doge coin, I personally have believed that there so not way Elon musk will launch X payment without integrating doge coin as one of the payment options..Wikipedia: "XBT, a code that conforms to ISO 4217 though not officially part of it, is used by Bloomberg L.P."
And speaking of when this will be launched, well, might be possible in the middle of the coming bull run, I believe that launching the X payment with crypto supported might end up as one of the catalyst that could cause alot of people to fomo into crypto, just like it was in 2017/2018 bull run - anyways, finger crossed while we wait for what the future holds.
EDIT: I just noticed the poll, and from there, I discovered that XBT is BTC, but am curious to know why BTC was abb. As XBT..🤔
Like your story about what Elon Musk did when a project failed, what did he do? But there are still many who are willing to invest their funds in each project undertaken. That is Elon Musk's advantage in lobbying and giving them confidence, that working with him will always be profitable, and it is not easy to do something like that if they are not a pure and smart business executive.Elon is a true business executive who, as long as what he does will be profitable, then he will do it and that is logical for all business people to do. I agree, Elon is not too interested in dog, because the supply is quite high, so it is difficult to control and the price is also difficult to raise so that it is high.That's right, he is a person who always thinks about how to continue to increase the money he has by building projects from trust and so on. Take a look at the Mars project which cost millions of dollars, many of the rockets that were launched often failed and the money used to build the rocket automatically disappears. Surprisingly, many people still believe in Elon Musk to build another rocket.
But I'm not sure that Elon will be interested in creating his own digital money, since Elon is used to taking over ready-made companies, why go to the trouble of creating?
But let's just wait and see what will be done with crypto, for the business he is currently involved in.
Like your story about what Elon Musk did when a project failed, what did he do? But there are still many who are willing to invest their funds in each project undertaken. That is Elon Musk's advantage in lobbying and giving them confidence, that working with him will always be profitable, and it is not easy to do something like that if they are not a pure and smart business executive.As a Twitter user, I don't like the changes after it was owned by Elon Musk: many fees are charged, many features are restricted, and we haven't seen Twitter support crypto more actively than before. This makes me quite disappointed, especially since Elon Musk also doesn't want to talk much about crypto after shilling BTC and DOGE in the previous cycle.
So it's not surprising that every time he does business, he doesn't have to struggle to find funds to be able to buy it, like when he took over Twitter, he didn't have difficulty finding funds because many people wanted to join based on the trust that was attached to him.
But I disagree and said stablecoins, doesn't mean any that exists now, he could make USDX and just put that out, which could actually get a huge attention too. I believe something more stable is important for a company that size.
On a general note, I don't understand why people keep talking about Musk as if he were Luis XIV, the Sun KingThese are just our speculations, and we believe that Elon Musk still has a significant impact on X-payment's decisions regarding crypto. We only know that Elon Musk has strongly supported BTC and DOGE in bullrun 2021, and Elon Musk may be able to convince the other members to adopt crypto for X-payment, which is why we expect X-payment to accept crypto when it is launched. If these assumptions do not hold, it will be very difficult for us to make an argument for our predictions. I don't even know the names of any of the directors of X, I only know Elon Musk.
Do you think X' management would do whatever he say?
Do you think X' CEO would take responsibility for whatever E. Musk decides?
Do you think X' major shareholders are not involved in X' strategic decision process?
X' management will choose the currency that best suits the requirements of a payment method, not the currency that E. Musk and his girl-friend like the most.
This is a multinational corporation, it's not Elon Musk's grocery shop.
Yes, that's right friends, the main problem that Elon has made with Twitter is that it is too drastic and there are many new rules that actually make it difficult for users. It is not impossible that we can get the account we are using to be banned several times, without anything clear, and provides a paid solution, This is the character of the business that Elon does on TwitterLike your story about what Elon Musk did when a project failed, what did he do? But there are still many who are willing to invest their funds in each project undertaken. That is Elon Musk's advantage in lobbying and giving them confidence, that working with him will always be profitable, and it is not easy to do something like that if they are not a pure and smart business executive.As a Twitter user, I don't like the changes after it was owned by Elon Musk: many fees are charged, many features are restricted, and we haven't seen Twitter support crypto more actively than before. This makes me quite disappointed, especially since Elon Musk also doesn't want to talk much about crypto after shilling BTC and DOGE in the previous cycle.
So it's not surprising that every time he does business, he doesn't have to struggle to find funds to be able to buy it, like when he took over Twitter, he didn't have difficulty finding funds because many people wanted to join based on the trust that was attached to him.
I hope that X-payment will be as successful as Tesla and SpaceX, and it will be even better if X-payment supports a crypto token, whether it is BTC or DOGE, or stable coin like USDC or USDT. This can solidify Elon Musk's position and reputation in the crypto community!
Yes, that's right friends, the main problem that Elon has made with Twitter is that it is too drastic and there are many new rules that actually make it difficult for users. It is not impossible that we can get the account we are using to be banned several times, without anything clear, and provides a paid solution, This is the character of the business that Elon does on TwitterElon Musk is a businessman after all, and his primary goal is to make money. Twitter is just a tool for him to earn more money, not just for his personal enjoyment. The same applies to X-payment. Elon Musk is probably also considering and weighing the possibility of adopting crypto for X-payment. This would be a risky move, but it could potentially attract users during the crypto bullrun.
Is it true that Elon will implement Twitter like with Tesla? I doubt that, although it's certainly the best way to contribute to crypto by making payments. It's hard to guess what Elon wants, he always only thinks about profits for himself and the company.
Elon Musk is a businessman after all, and his primary goal is to make money. Twitter is just a tool for him to earn more money, not just for his personal enjoyment. The same applies to X-payment. Elon Musk is probably also considering and weighing the possibility of adopting crypto for X-payment. This would be a risky move, but it could potentially attract users during the crypto bullrun.That's right, X is a tool to enrich the company and himself, so he will use it as much as possible.
For now, I think we should wait for official information from X-payment in the future. Our attention should be on the upcoming BTC halving, which will happen in a few hours. This is the biggest event of the year for the crypto market.
That's right, X is a tool to enrich the company and himself, so he will use it as much as possible.At this moment, Elon Musk is probably also aware that it is not advisable to talk too much about crypto. Elon Musk is facing more pressing issues related to the future of Tesla in the context of the electric vehicle market no longer being as positive as in previous years. At the same time, X-payment is still only focusing on the process of obtaining operating licenses in the states, it has not shared any information related to future operations.
Because the nature of an entrepreneur is to seek profit for his company.
As long as it is profitable, it is not impossible that all X payments will be entrusted to crypto.
But is always open to using crypto, as long as it is something that can provide additional profits back to himself and the company.
We just have to wait and see what Elon will do with everything related to X in the future.
There will always be surprises that will keep him in the conversation and this will greatly benefit his reputation.
But I disagree and said stablecoins, doesn't mean any that exists now, he could make USDX and just put that out, which could actually get a huge attention too. I believe something more stable is important for a company that size.
the vote goes majority to Dogecoin and with that I think assurance is still nothing to come because we knew Elon style is unpredictable into this matter but for me? even what currency he will integrate yet the main thing here is what will be the faith of that coin when happen.This choice was because everyone knew that Doge had been raised because of Elon's influence, so it was certain that everyone would choose him. I agree with you that there is no guarantee that Elon will remain loyal to Doge. He will do anything as long as it is profitable for his company. Remember he is a business executive and what he thinks about is profit for the company, as long as it is profitable, then he can do whatever he likes.
This choice was because everyone knew that Doge had been raised because of Elon's influence, so it was certain that everyone would choose him. I agree with you that there is no guarantee that Elon will remain loyal to Doge. He will do anything as long as it is profitable for his company. Remember he is a business executive and what he thinks about is profit for the company, as long as it is profitable, then he can do whatever he likes.It's natural that DOGE comes to mind first when considering the possibility of X-payment supporting crypto payments. This belief alone can fuel DOGE price increase during this bullrun, even without official confirmation from X-payment. This is understandable given that DOGE remains the trend leader among memecoins and has Elon Musk's strong support.
I'm thinking "What if Elon Musk didn't promoted DOGE a few years ago and instead, promoted a different meme coin like SHIB for example, or maybe a different coin. Will we still think the same that that coin will be the one that will be integrated to the X platform?"This choice was because everyone knew that Doge had been raised because of Elon's influence, so it was certain that everyone would choose him. I agree with you that there is no guarantee that Elon will remain loyal to Doge. He will do anything as long as it is profitable for his company. Remember he is a business executive and what he thinks about is profit for the company, as long as it is profitable, then he can do whatever he likes.It's natural that DOGE comes to mind first when considering the possibility of X-payment supporting crypto payments. This belief alone can fuel DOGE price increase during this bullrun, even without official confirmation from X-payment. This is understandable given that DOGE remains the trend leader among memecoins and has Elon Musk's strong support.
Currently, I'm closely following X-payment's licensing progress. If they can launch the platform soon, we'll also have clear details about X-payment's services. Hope that crypto will be among the payment methods that X-payment accepts and supports.
I'm thinking "What if Elon Musk didn't promoted DOGE a few years ago and instead, promoted a different meme coin like SHIB for example, or maybe a different coin. Will we still think the same that that coin will be the one that will be integrated to the X platform?"Well, I think opportunity and timing are very important for projects in this market. Similar to BTC being the first crypto with POW technology, it will still be the crypto leading this market. DOGE is the first memecoin and uses POW technology, so it will continue to lead the memecoin trend in the future. This is probably the reason why Elon Musk chose DOGE over many newer memecoins in the market like SHIB or PEPE.
Like you said though, I also believe that DOGE will be the coin that will be integrated in his platform if it comes, but I don't think that it will be DOGE alone. There will be some coins that will be included as well. Bitcoin might be one. Other coins that have a low transaction fee might be included as well. I don't know if I'm just outdated, but is Elon Musk still posting anything related to cryptocurrency on his platform until now? Because I don't hear anything about him anymore.
Anyway, I will wait for this time to come. I don't know when it will happen, or worst case is it will not happen at all.
It's natural that DOGE comes to mind first when considering the possibility of X-payment supporting crypto payments. This belief alone can fuel DOGE price increase during this bullrun, even without official confirmation from X-payment. This is understandable given that DOGE remains the trend leader among memecoins and has Elon Musk's strong support.I think it is normal if what happens with this is profitable, so I think it is impossible for Elon to refuse it, because it will be profitable for his company, because as a business executive, profit is clearly the main point in whatever he does.
Currently, I'm closely following X-payment's licensing progress. If they can launch the platform soon, we'll also have clear details about X-payment's services. Hope that crypto will be among the payment methods that X-payment accepts and supports.
I think it is normal if what happens with this is profitable, so I think it is impossible for Elon to refuse it, because it will be profitable for his company, because as a business executive, profit is clearly the main point in whatever he does.Besides the fun of memecoins, I believe that profit is one of Elon Musk's biggest goals when entering the financial market. The acceptance of DOGE could bring fame to X-payment, help X-payment gain more users and be mentioned in the media during the crypto bullrun. I think this is really attractive and worth considering alongside the potential legal risks.
Until now, the news circulating, although not yet proven, has given a good signal to Doge, and I think Doge is the best meme coin available to date.
Hopefully, there will be fresh air coinciding with the bullrun season, which will increase Doge to reach its best, we will wait for that.