MicroStrategy CEO Proposes Using Bitcoin to Eliminate Crypto Scam Bots on Twitter
The CEO of MicroStrategy has joined the discussion under Elon Musk’s recent tweet, proposing the elimination of crypto scam bots on Twitter that Musk is trying to buy.
Paid verification for everyone
Renowned Bitcoin proponent Michael Saylor has suggested that the issue with crypto scam bots (and any scammers whatsoever) can be solved by implementing verification for all real human users of the social network.
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Since there is a limit of 360 blue checks that require disclosure of personal details to the Twitter team, a particular number of followers and there is often a long wait, Saylor suggested introducing orange checks that can be brought with a one-time security deposit—in Satoshis.
This confirmatory check should be given quickly, he agrees, and it will aid verify all humans. However, Twitter will be able to make some gains from this as well.
Bitcoin payments on Twitter
Twitter has already adopted a tipping feature in Bitcoin and Ethereum, so if Elon Musk does manage to take over Twitter and if he finds this method appealing, BTC payments will not be a first for Twitter.
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Notwithstanding, being a great Dogecoin fan, the Tesla boss might like to use DOGE in place. Lately, when he was invited to join the board of the social network, he proposed using Dogecoin payment for Twitter subscriptions.
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