11/10/2022 | U.TODAY

Elon Musk Shares Twitter's Upcoming Plans; Here's Where DOGE's Use Starts

Elon Musk Shares Twitter's Upcoming Plans; Here's Where DOGE's Use Starts

In a Wednesday gathering on Spaces, Twitter's live audio feature, Elon Musk laid out plans for Twitter's business since taking over the firm less than two weeks ago, according to a New York Times report.


Musk discussed a vision for Twitter to process payments, replete with linked bank accounts and debit cards and echoing PayPal, the online payment start-up Musk helped build. According to a filing with the Financial Crimes Enforcement Network, or FinCEN, of the Treasury Department, the social media behemoth has filed registration paperwork in the past week to clear the way for it to receive payments. Here's where Dogecoin's utility starts Elon Musk, CEO of Tesla and SpaceX, has invariably supported Dogecoin, even allowing its use as payment for Tesla's merchandise and his related businesses. He also allowed Dogecoin payments for his recently released "burnt hair" fragrance. According to Musk, Dogecoin is better suited for transactions, giving it an advantage over Bitcoin and other cryptocurrencies.