Elon Musk has indicated that X, formerly known as Twitter, is preparing to charge all users for accessing the platform.
The X owner said erecting a paywall around the business would ward off the bots, or automated accounts, that have become a bugbear for Musk.
Speaking in a meeting with Benjamin Netanyahu, the Israeli prime minister, the Tesla CEO and world’s richest person suggested that X was going to charge its user base. Currently, Twitter only charges users for its subscription service X Premium, which offers perks such as a verified account checkmark and costs $11 a month in the US for iPhones and £11 in the UK.
It will be a crypto platform, and he’ll sell XCoin to investors.
It won’t matter if XCoin crashes because he’ll make billions rugpulling and off the crypto trading fees, which he’ll then use to build another wheelbarrow shaped car.
But he needs payment details for a smooth transition and ID (KYC) for legal reasons.
Oh indeed, crypto will be in their so Musk and co can grift the gullible but it seems to be heading towards being an “everything app”.
That said, the subscription seems to go against these ends (as you’d want the maximum audience) but it does have the effect of making it more difficult for outside observers to monitor what a dystopian hellscape he has built there.