Mason Versluis1.5 Million+ Creator, Founder, Investor

Twitter Will Have CRYPTO Payments! XRP, DOGE, ETH

Name: Twitter Will Have CRYPTO Payments! XRP, DOGE, ETH
Uploaded: 2023-08-29T21:15:01+00:00
Duration: 57 s
Channel: Mason Versluis
Description: In this brief commentary, the speaker notes that Twitter (rebranded as X) has secured a currency transmission license in Rhode Island, a regulatory step…

29 Aug 2023 · 1 min

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In this brief commentary, the speaker notes that Twitter (rebranded as X) has secured a currency transmission license in Rhode Island, a regulatory step required for cryptocurrency operations. The speaker explains that X is systematically obtaining similar licenses across U.S. states, reflecting Elon Musk's strategy to transform the platform into an "everything app" similar to China's WeChat. Musk envisions X becoming the world's most valuable financial institution, integrating social media with financial services. The speaker speculates that this evolution will involve cryptocurrency payments, highlighting assets such as XRP, Ethereum, and other major coins.

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Twitter has just acquired a currency transmission license in Rhode Island, and this license is required for cryptocurrency business. So they have been slowly accumulating all of these different licenses in different states, and this is because X, or Twitter, is going to be the everything app. Elon Musk is not really the dude that you think he is. He is trying to bring the concept of WeChat that they have in China over to America and use X as that. He has stated that X will become the world's most valuable financial institution. What? Social media? Twitter as a financial institution? That's crazy. I believe that it will involve crypto and hopefully XRP or Ethereum or great coins like that.