Ethereum founder advises Elon Musk to move Twitter to Switzerland

Ethereum founder Vitalik Buterin has advised Elon Musk to move Twitter’s headquarters from America to Switzerland. Less than a day ago, billionaire Elon Musk announced that he had acquired the social network, and now the father of Tesla is getting advice on how to improve Twitter from leading crypto developers.

I always thought it should be moved to Switzerland.

— vitalik. eth (@VitalikButerin) October 28, 2022

Vitalik Buterin was one of the first to help Musk, noting that Switzerland is an ideal place for Twitter’s headquarters. Buterin may have hinted at Musk’s love for cryptocurrency. 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. Throughout the country, cryptocurrencies can be purchased at ATMs and railway ticket offices, and many stores accept digital assets as payment. Switzerland would probably be an ideal place for a Dogecoin fan to further develop Twitter.

As for Musk’s first actions in his new role, the Twitter owner fired Twitter CEO Parag Agrawal, CFO Ned Segal, Head of Legal, Policy and Security Vijay Gadde, and General Counsel Sean Edgett. In total, the billionaire plans to lay off 75% of the social network’s employees to transform the social network. The billionaire will reduce the staff from 7,500 employees to just over 2,000, which will significantly affect Twitter’s operations.