While rumors about the possible launch of the Twitter Coin continue to emerge, some important statements from CEO Elon Muskwho called the possible integration of tokens into the social media platform a “natural fit”.
Musk once again took WeChat as an examplethat “it has many features that twitter should have. It would be child’s play for Twitter to introduce payments in both cryptocurrencies and fiat currency, as well as make them easy to use”.
Musk’s statements come at a new Twitter Space hosted by Mario Nawfal, during which he outlined his vision of Twitter for the future. The South African CEO believes cryptocurrencies will make room for central banks and global monetary policy. “I think there is a role for cryptocurrencies in the future, and I’m not talking about any particular cryptocurrency. They will be a means of ensuring that the monetary system does not become completely corrupted and will be competitors to the fiat system. So if the fiat system becomes overly restrictive, cryptocurrencies will grow” said the CEO, according to which in the future banks will create their own cryptocurrencies And “people will use cryptocurrencies that they think will grow in value over time and not use those they think will lose value”.
Meanwhile, news broke earlier today that Elon Musk has set up bedrooms at Twitter headquarters.