Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, who recently bought 9.2% of the social media giant Twitter Inc (NYSE: NYSE:TWTR), has suggested a raft of changes to Twitter’s Blue premium subscription service.
In a recent Twitter post, Musk suggested that people who sign up for the Twitter Blue service should pay significantly less than the current $2.99 and should be able to pay in local currency.
Price should probably be ~$2/month, but paid 12 months up front & account doesn’t get checkmark for 60 days (watch for CC chargebacks) & suspended with no refund if used for scam/spamHe suggested that the user should also get an authentication checkmark as well.— Elon Musk (@elonmusk) April 10, 2022
But should be different from “public figure” or “official account” checkmarkAs an avid supporter of the meme token Dogecoin (CRYPTO: DOGE), Musk proposed an option to pay with DOGE and asked Twitter users for their views.— Elon Musk (@elonmusk) April 10, 2022
Maybe even an option to pay in Doge?Also Read: Tesla CEO Elon Musk Is Now $100B Richer Than Jeff Bezos: Here's How Much He's Worth— Elon Musk (@elonmusk) April 10, 2022
When one of his followers said the subscription should be cheaper, Musk replied by saying it should be affordable for all users and payable with any currency.
Yes, should be proportionate to affordability & in local currencyTwitter already lets people tip their favorite content creators using Bitcoin (CRYPTO: BTC).— Elon Musk (@elonmusk) April 10, 2022
Last year, Twitter said that it planned to support authentication for NFTs, which are digital assets that exist on a blockchain.
Musk also suggested banning advertisements on Twitter.
And no ads. The power of corporations to dictate policy is greatly enhanced if Twitter depends on advertising money to survive.Launched in 2021, Twitter Blue is Twitter's first subscription service and offers "exclusive access to premium features" on a monthly subscription basis.— Elon Musk (@elonmusk) April 10, 2022
The billionaire also started a poll on his Twitter account asking whether the firm's San Francisco headquarters should be converted to a homeless shelter, as "no one shows up (to work there)".
Earlier in another tweet, Musk questioned if Twitter was “dying,” stating that most of the platform's top accounts rarely post any content at all.
Also Read: Why Dave Portnoy Loves Elon Musk Taking A Stake In Twitter
Photo: Twitter Post
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