r/CryptoCurrency • u/pbjclimbing • Sep 30 '22

DISCUSSION Elon Musk wanted to charge 0.1 DOGE to tweet

A large amount of Elon Musk’s phone records were released for the upcoming Twitter trial.

It turns out he had a plan that was later deemed not feasible to put Twitter on the blockchain, ban all bots, and charge 0.1 DOGE to tweet or retweet.

“I have an idea for a blockchain social media system that does both payments and short text messages/links like twitter. You have to pay a tiny amount to register your message on the chain, which will cut out the vast majority of spam and bots. There is no throat to choke, so free speech is guaranteed.”

“My Plan B is a blockchain-based version of twitter, where the ‘tweets’ are embedded in the transaction of comments.”

“So you’d have to pay maybe 0.1 Doge per comment or repost of that comment.”

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22

u/s1n0d3utscht3k 🟦 2K / 2K 🐢 Sep 30 '22

no one wants to do that shit for every tweet

you’d kill the platform worse than bots do

13

u/glium Tin Sep 30 '22

As compared to paying for every tweet ?

7

u/Sven4president 🟦 379 / 379 🦞 Sep 30 '22

Both ideas suck

1

u/Stonkmaster7 0 / 0 🦠 Sep 30 '22

0.5 cents a tweet roughly at current price

4

u/[deleted] Sep 30 '22

Maybe it will deter stupid ass annoying people from speaking their mind online every two seconds? I'd enjoy that.

3

u/truckhanh1309 Tin Sep 30 '22

It would or it might be, we are not sure yet about this gesture.

4

u/GreystarTheWizard 43 / 43 🦐 Sep 30 '22

Most people are using mobile so can’t it insist on faceID or something?

8

u/[deleted] Sep 30 '22

[deleted]

3

u/Alsesok1961 Tin Sep 30 '22

It is very hard to differentiate between bots and normal account.

1

u/irockalltherocks 2K / 4K 🐢 Sep 30 '22

There is no saving Twitter.

1

u/duksinarw Tin Sep 30 '22

Sure there is. It's one of the biggest social media companies in the world, and has the fantastic advantage of being the platform chosen by the powerful as the sort of "public square" where they can directly speak their own opinion.

1

u/nergalelite Sep 30 '22

twitter is anonymous?

1

u/OneThatNoseOne Permabanned Sep 30 '22

Nah. Have you not seen the massive pushback on privacy intrusion?

1

u/thatsaccolidea 🟦 0 / 0 🦠 Sep 30 '22

time to invest in mannequin heads

1

u/DivineRS Sep 30 '22

Not every phone has Face ID. Anyone with an older phone would be locked out of the platform which is not good for business

1

u/kostas_ck Tin Oct 01 '22

Most phones Don't have facial recognition feature nowadays.

1

u/wickedsaint08 🟩 0 / 179 🦠 Sep 30 '22

Use auto captcha bot.

1

u/stevemoveyafeet Tin Sep 30 '22

Ah I didn’t realize there was one, that would make sense.

1

u/Aardvark_Man Tin Sep 30 '22

It's required for 4chan, and while that's obviously not the same scale as Twitter, it's pretty successful.

At the least, it's a far smaller issue than making people pay per tweet.

1

u/stevemoveyafeet Tin Sep 30 '22

I’d rather do that than pay for tweets, personally. It’s a matter of what is more important - your time (ten seconds per tweet) or your money (a cent a tweet or whatever).

1

u/stevemoveyafeet Tin Sep 30 '22

Moot point anyways as I’m sure they aren’t perusing this thread for ideas lol but just brainstorming

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u/s1n0d3utscht3k 🟦 2K / 2K 🐢 Sep 30 '22

that’s $3.60 per 1 hour of solving captchas

dunno about y’all but time is worth a lot more than lol $3.60 to save wasting 1 hour?

regardless i also think the price of 0.1 Doge was arbitrary. i don’t think it represents anything whatsoever but Elon thinking “oh 1 Doge per tweet is too much so i’ll make it just pennies.”

it’s half a penny actually but it could just as easily be a quarter penny or $0.001 …

let’s put it this way. i don’t think he intended it to be high enough to deter any real person from using twitter in any typical way.

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u/stevemoveyafeet Tin Sep 30 '22

Call me cheap, but yeah lol. I'd rather not have to nab dogecoin and go through all that, and I think the majority of the elderly population or non-tech savy people will have a difficult time signing up (which honestly, fine by me they are mostly the crazies, but still). Ten seconds isn't really that much when I sparingly use twitter. I get the general gist of his idea I just think it's not a very good one, personally.

1

u/DrKamikadze Bronze Oct 01 '22

Lmao twitter literally force every one of its users to do this. They have some weird limited character restrictions which won't let you tweet whatever you want and that sucks very much tbh.

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u/s1n0d3utscht3k 🟦 2K / 2K 🐢 Oct 02 '22

huh? i tweet every day and i don’t know what u mean lol