Supports Elon Musk from Charles Hoskinson

Cardano co-founder Charles Hoskinson supported Elon Musk in the discussion for the Twitter app. Discussions about Elon Musk’s takeover of Twitter are not over yet. The new owner of one of the world’s largest social media platforms recently said that Twitter’s mobile app may disappear from various stores. As a countermeasure, Musk is ready to develop his own phone, and the creator of Cardano also supported it.

After the takeover, talk arose that Twitter would be removed from mobile app listings, mostly due to the rapidly changing rules and policies of the platform. Despite the rapid changes, the app’s most important metrics remain intact, as Twitter reports record-breaking daily active users on its website.

The creator of Cardano was actively advocating the creation of a decentralized version of Twitter. However, since the takeover, Elon Musk does not want to apply any decentralized technology to Twitter. In a personal chat with the former CEO of FTX, he stated that it would not be right to run the platform on the blockchain and that crypto implementation makes no sense.

While Musk has made it clear that Twitter will not be blockchain-based, he did state that the entrepreneur can accept certain cryptocurrencies as payment for services on the network, such as the blue checkmark.

The creator of Cardano offered Musk help to make Twitter more blockchain-friendly. However, Musk did not respond warmly to this offer. At the same time, Musk is ready to make his own “Tesla Phone” to avoid the extreme limitations of big tech companies and government regulators.

Source: u.today


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

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