Elon Musk’s X Seeks to Open an ‘Entire Financial World’
Elon Musk’s acquisition of X, formerly known as Twitter, has brought a new vision to the platform. Musk aims to have a more user-focused approach and reward content providers with a share of the company’s revenue. However, X’s current payment system limits the reach of its programs to only 45 countries. Musk has denied launching a cryptocurrency for X, but using cryptocurrency payment rails could expand the platform’s user base. Accepting cryptocurrencies for advertisements and premium memberships could also create a circular economy on the platform.