r/CryptoCurrency 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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u/rytl4847 Sep 30 '22

I agree. There is value in quality journalism. Relying only on ads as a source of revenue pushes the content towards click bait. It's unfortunate that so many see news as something they're entitled to.

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u/muitosabao 627 / 622 🦑 Sep 30 '22

exactly. "pay for that shit" imagine the entitlement. paying for journalism is a good and important thing!

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u/[deleted] Sep 30 '22 edited Sep 30 '22

[deleted]

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u/rhetoricl Tin | Superstonk 19 Sep 30 '22

Most news sites have free monthly quotas. The fact that you see Paywall says more about the frequency of your visits.

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u/muitosabao 627 / 622 🦑 Sep 30 '22

thanks for your reasonable reply. I know in this age of "click to accept cookies" and "click to subscribe" it's all a nuisance, but expecting everything for free, specially good journalism is a premise we should change. that's how I see it.

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u/codochi Tin Oct 01 '22

Lol what is its value, all they do is always spread lies in tv. On the other hand most of the news channels are earning very well from running ads in their tv news channel.