Elon Musk suggests that users who subscribe to the Twitter Blue subscription have an option to pay in Dogecoin.
Elon Musk, who recently joined Twitter’s board of members, had some ideas to throw. He proposed various changes that the social media giant can implement for the Twitter Blue service.
Elon Musk recently tweeted that he owns 9.2% of Twitter. Musk is an avid Twitter user and often manipulates the market with his tweets. He was appointed as a board member of Twitter on Tuesday.
Musk said he wanted to make significant improvements to Twitter in the coming months.
Elon Musk is back with another one
Elon Musk is raising his voice now as he is coming up with a slew of suggestions for Twitter Blue. Elon suggested that there should be a price cut, an option for users to pay in Dogecoin, and banning advertisements.
Twitter Blue, which was launched in June, was Twitter’s first social media subscription service. The feature will provide additional unique features to the users, including the feature to undo tweets.
Elon suggested they should cut down the subscription price and that there shouldn’t be any ads for the service.
“Everyone who signs up for Twitter Blue (ie pays $3/month) should get an authentication checkmark.” “Price should probably be ~$2/month, but paid 12 months up front & account doesn’t get checkmark for 60 days & suspended with no refund if used for scam/spam.”
He also said there should be no advertisements: “The power of companies to dictate legislation is considerably amplified if Twitter relies on advertising money to survive.”
After Musk purchased a 9.2 percent interest in Twitter between January and April, spending $2.64 billion on the social media giant’s stock, Twitter CEO Parag Agrawal named Musk a board member.
By neglecting to report his shareholding to the Securities and Exchange Commission earlier, Musk pocketed an additional $156 million from his investment.
Outside of regular business hours, Twitter did not reply to Insider’s request for comment.