The focus is on making Twitter an indispensable part of people’s lives by incorporating a more direct payment system on the micro-blogging site. Elon Musk, the new would-be owner of Twitter, has ambitious plans for the company and believes that the integration of crypto transfers on the social media app “makes sense.”
Details of Musk’s latest interaction with the Twitter employees at a virtual town hall surfaced for the first time since striking a deal to buy the social network for $44 billion earlier in April. The business magnate reportedly suggested the need for a payments integration that would facilitate seamless money transfer between users. He also pushed for an incorporated payment system enabling crypto transactions. Musk believes news, entertainment, and payments are like three critical areas.