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Elon Musk was offered to integrate blockchain technology into the social network Twitter

4:56 pm, October 29, 2022

According to the personal correspondence between millionaire Elon Musk, who acquired Twitter, and Will McAskill, an advisor to the chairman of the FTX crypto exchange, Sam Bankman-Fried suggested that Musk integrate blockchain technology into the social network. Against the backdrop of Elon Musk’s litigation with the former Twitter management, some journalists gained access to court archives containing information about Elon Musk’s correspondence with other famous personalities on the purchase of the social network and further development plans.

As it turned out recently, Sam Bankman-Fried was interested in acquiring Twitter on his own, and later he offered Musk to work together to introduce blockchain technologies into the social network. However, Musk’s dialogues with Fried did not lead to a joint decision — the new owner of Twitter refused to waste time on «debates about the implementation of blockchain

It seems that the joke that everyone in the crypto community wants to help Musk with Twitter management and «knows best» is no longer a joke. Vitalik Buterin also shared his idea for optimizing Twitter’s operations, noting that Switzerland is an ideal place for Twitter’s headquarters. Buterin may have hinted at Musk’s love for cryptocurrencies. After all, Switzerland is called the capital of the cryptocurrency world in the EU. Compared to many other countries that seek to limit or even ban cryptocurrencies, Switzerland is considered a crypto-oriented country where almost any action with cryptocurrencies is allowed.

As for Musk’s first actions as the owner of the social network, the billionaire fired several key Twitter employees, including Twitter CEO Parag Agrawal. Also yesterday, Musk announced the creation of a content moderation board to censor users and their posts. The future board will make important decisions regarding tweets that may pose a threat. On the positive side, the board will review blocked accounts, and after a detailed review, some of them may be restored.

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