{"id":9685,"date":"2022-05-17T22:18:00","date_gmt":"2022-05-17T19:18:00","guid":{"rendered":"https:\/\/alfacash.blog\/?p=9685"},"modified":"2024-02-19T21:50:44","modified_gmt":"2024-02-19T18:50:44","slug":"elon-musk-pauses-offer-twitter-why-could-matter-crypto","status":"publish","type":"post","link":"https:\/\/alfacash.blog\/it\/2022\/05\/17\/elon-musk-pauses-offer-twitter-why-could-matter-crypto\/","title":{"rendered":"Elon Musk pauses his offer to Twitter: why could it matter to crypto?"},"content":{"rendered":"<p>Last April, Elon Musk (Tesla and SpaceX CEO) made a billionaire offer to fully buy Twitter. Until now, the deal ascended to $44 billion for the social media company, and it was assumed as something mostly done. However, in a recent statement, Musk just paused this deal closely followed by the crypto community.<\/p>\n\n\n\n<p><strong>The issue resides in the real number of Twitter accounts.<\/strong> According to data provided by the company, only 5% of its 229 million daily active users (DAUs) could be non-human or fraudulent (bots, <a href=\"https:\/\/alfacash.blog\/2022\/02\/19\/5-crypto-scams-looking-victims-2022\/\" target=\"_blank\" rel=\"noreferrer noopener\">fregature<\/a>, or fake accounts). On the contrary, Musk affirmed <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1526465624326782976?s=20&amp;t=jQAyG_lDt_Yb-lJduPBe8g\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">in a tweet<\/a> that the figure is over 20%. Indeed, he even believes that it\u2019s much higher.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/scam-4126798_1280-1024x682.jpg\" alt=\"Elon-Musk-Twitter-accounts\" class=\"wp-image-5637\" srcset=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/scam-4126798_1280-1024x682.jpg 1024w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/scam-4126798_1280-300x200.jpg 300w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/scam-4126798_1280-150x100.jpg 150w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/scam-4126798_1280-18x12.jpg 18w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/scam-4126798_1280-270x180.jpg 270w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/scam-4126798_1280-770x513.jpg 770w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/scam-4126798_1280-762x508.jpg 762w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/scam-4126798_1280-773x515.jpg 773w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/scam-4126798_1280-370x247.jpg 370w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/scam-4126798_1280-554x369.jpg 554w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/scam-4126798_1280-306x204.jpg 306w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/scam-4126798_1280-368x245.jpg 368w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/scam-4126798_1280-260x173.jpg 260w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/scam-4126798_1280-87x58.jpg 87w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/scam-4126798_1280.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n\n<p>To emphasize its point, he quoted a <a href=\"https:\/\/twitter.com\/paraga\/status\/1526237578843672576\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">previous thread<\/a> shared by Parag Agrawal, the current CEO of Twitter. On it, Agrawal was talking about fake users, and how they suspend over half a million spam accounts every day. He explains that his team does the best they can but, sometimes, fake accounts look pretty legit. And \u201cnone of us want to solve a captcha every time we use Twitter.\u201d, which would probably solve the bot problem.<\/p>\n\n\n\n<p>The bottom line of his thread is that <strong>Agrawal alleged only 5% of the accounts are fake, but refused to publicly share their data<\/strong> over <a href=\"https:\/\/alfacash.blog\/2021\/05\/29\/brave-bats-browse-privacy-receive-free-tokens\/\" target=\"_blank\" rel=\"noreferrer noopener\">privacy concerns<\/a>.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cUnfortunately, we don\u2019t believe that this specific estimation can be performed externally, given the critical need to use both public and private information (which we can\u2019t share). Externally, it\u2019s not even possible to know which accounts are counted as mDAUs on any given day.\u201d<\/p><\/blockquote>\n\n\n\n<p>Elon Musk condemned this and assured that the deal \u201ccannot move forward until he does (share the information about Twitter users)\u201d.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why is the Twitter deal important to crypto?<\/strong><\/h2>\n\n\n\n<p><strong>We can say for sure that Elon Musk is a known crypto user<\/strong> and is very active on the &#8220;Crypto Twitter&#8221;. Last year, his company Tesla <a href=\"https:\/\/alfacash.blog\/2021\/02\/08\/elon-musk-tesla-bought-1b-bitcoin-will-accept-payment\/\" target=\"_blank\" rel=\"noreferrer noopener\">bought<\/a> $1.5 billion in <a href=\"https:\/\/alfacash.blog\/2020\/08\/20\/how-buy-bitcoin-simple-steps-nice-recipe\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin<\/a> (BTC), and they still <a href=\"https:\/\/bitcointreasuries.net\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">have it<\/a>. Additionally, he also <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1503222294277197829?s=20&amp;t=t7kwAIVM6u8jRn7XreIdOA\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">revealed<\/a> that he personally owns unknown amounts in BTC, Ethereum (ETH), and Dogecoin (DOGE).<\/p>\n\n\n\n<p>As for this last currency, he\u2019s been a popular promoter. <a href=\"https:\/\/alfacash.blog\/2020\/12\/21\/elon-musk-again-dogecoin-soared-after-new-tweet\/\" target=\"_blank\" rel=\"noreferrer noopener\">His tweets<\/a> about the dog-themed asset almost always had some impact on the price. Not to mention that <a href=\"https:\/\/alfacash.blog\/2022\/04\/15\/crypto-blockchain-outer-space-is-future\/\" target=\"_blank\" rel=\"noreferrer noopener\">he promised<\/a> \u201cto put a literal Dogecoin on the literal moon\u201d during a mission by SpaceX.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/chart-6716410_1920-1024x683.jpg\" alt=\"Bitcoin-crash-crypto-market\" class=\"wp-image-9631\" srcset=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/chart-6716410_1920-1024x683.jpg 1024w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/chart-6716410_1920-300x200.jpg 300w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/chart-6716410_1920-150x100.jpg 150w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/chart-6716410_1920-1536x1024.jpg 1536w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/chart-6716410_1920-18x12.jpg 18w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/chart-6716410_1920-270x180.jpg 270w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/chart-6716410_1920-770x513.jpg 770w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/chart-6716410_1920-762x508.jpg 762w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/chart-6716410_1920-773x515.jpg 773w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/chart-6716410_1920-370x247.jpg 370w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/chart-6716410_1920-554x369.jpg 554w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/chart-6716410_1920-306x204.jpg 306w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/chart-6716410_1920-368x245.jpg 368w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/chart-6716410_1920-260x173.jpg 260w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/chart-6716410_1920-87x58.jpg 87w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n\n<p><strong>With him on the Twitter lead, cryptocurrencies, in general, could have a starring role<\/strong> <strong>in this social media titan <\/strong>\u2014or, at least, that\u2019s what numerous crypto users believe. So far, Twitter <a href=\"https:\/\/alfacash.blog\/2022\/03\/01\/what-happened-february-cryptocurrency-world-2\/\" target=\"_blank\" rel=\"noreferrer noopener\">implementato<\/a> BTC and ETH tips for authors, and the possibility to show Non-Fungible Tokens (<a href=\"https:\/\/alfacash.blog\/2021\/04\/11\/what-are-non-fungible-tokens-nfts-why-fever-ultimate-guide\/\" target=\"_blank\" rel=\"noreferrer noopener\">NFT<\/a>) as verified profile pictures. \u00a0<\/p>\n\n\n\n<p>If the deal goes on and Musk becomes the new Twitter owner, there are other interesting possibilities for crypto on the platform. Since Musk wants to verify real users, he could even use a blockchain identity solution for this. <a href=\"https:\/\/alfacash.blog\/2020\/09\/18\/little-story-dogecoin-shiba-inus-cryptocurrency\/\" target=\"_blank\" rel=\"noreferrer noopener\">DOGE<\/a> and more coins for payments, additional coins for the tips, and even another billionaire buyout of BTCs by Twitter are inside the opportunities. <\/p>\n\n\n\n<p>Nevertheless, now we need to wait for the deal to come (or not) to a good end. And that <a href=\"https:\/\/twitter.com\/KurtWagner8\/status\/1518701490365378560\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">could happen<\/a> in over six months.<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center\"><em>Vuoi scambiare BTC, ETH e altri token? Puoi farlo<\/em>\u00a0<em>in modo sicuro\u00a0<\/em><a href=\"https:\/\/www.alfa.cash\/buy\/bitcoin\" target=\"_blank\" rel=\"noreferrer noopener\"><em>su Alfacash<\/em><\/a><em>! E non dimenticare che stiamo parlando di questo e di molte altre cose sui nostri social media.<br><br><\/em><a href=\"https:\/\/t.me\/AlfacashCommunity\" target=\"_blank\" rel=\"noreferrer noopener\">Telegramma<\/a>\u00a0*\u00a0<a href=\"https:\/\/www.instagram.com\/alfacashstore\" target=\"_blank\" rel=\"noreferrer noopener\">Instagram<\/a>\u00a0*\u00a0<a href=\"https:\/\/www.youtube.com\/channel\/UCOl4fdRHj8AseQ5b6z9udaw\" target=\"_blank\" rel=\"noreferrer noopener\">Youtube<\/a>\u00a0*<a href=\"https:\/\/www.facebook.com\/alfacashstore\" target=\"_blank\" rel=\"noreferrer noopener\">Facebook<\/a>\u00a0\u00a0*\u00a0<a href=\"https:\/\/vk.com\/alfacashcrypto\" target=\"_blank\" rel=\"noreferrer noopener\">Vkontakte<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Elon Musk expressed concerns over his offer to buy Twitter. After this, is he still buying the platform? And why does it matter to crypto?<\/p>","protected":false},"author":5,"featured_media":9691,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[47],"tags":[88,43,113,212,101,408],"class_list":{"0":"post-9685","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-trends-alfacash","8":"tag-altcoins","9":"tag-bitcoin","10":"tag-dogecoin","11":"tag-elon-musk","12":"tag-investment","13":"tag-twitter"},"featured_image_src":"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/02-blog.jpg","author_info":{"display_name":"Isabel P\u00e9rez","author_link":"https:\/\/alfacash.blog\/it\/author\/isabel\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v25.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Elon Musk pauses his offer to Twitter: why could it matter to crypto?<\/title>\n<meta name=\"description\" content=\"Elon Musk expressed concerns over his offer to buy Twitter. 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