Why Crypto Payments on X Look Unlikely
Connor Sephton is a journalist based in London, who also works for Sky News and the BBC as a radio newsreader and online reporter. He has covered crypto since 2018 — reporting from major conferences...
Elena is the Features Lead at Cryptonews.com. With a Master's degree in science journalism from City University, London, she is passionate about exploring complex topics in the world of technology.
It’s been almost two years since Elon Musk acquired Twitter.
The world’s richest man has made sweeping changes to the social network — including a controversial rebrand to X.
Given Musk’s repeated tweets about Bitcoin and Dogecoin, especially in 2020 and 2021, there has long been speculation that the entrepreneur might bring crypto payments to the site.
But although he’s clearly stated that he wants X to become an “everything app,” and diversify the platform’s revenues, it doesn’t look like digital assets are part of the picture.
Bloomberg recently reported that X executives have told regulators that the company has no intent to enable its users to send and receive virtual currencies.
App researcher Nima Owji has long monitored upcoming features being rolled out on X, sharing screenshots whenever new functionality is about to launch.
He told Cryptonews that while it’s possible to tip content creators using digital assets, he doesn’t believe the likes of Bitcoin and Ether will play a wider role in X’s upcoming payments system.
If anything, Owji wants to see improvements to the tipping service — primarily by supporting a broader range of altcoins, including DOGE.
“X has added more features in the past two years under Elon Musk’s leadership than in the whole history of Twitter. In my opinion, it’s good to see that the teams at X are
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