Musk introducing Polymarket to X is a major move that could create huge waves.

After X Money goes live, the basic operation is to deposit money into X, allowing for mutual transfers, rewards, and investments, similar to WeChat.

But the issue is that WeChat Wallet relied on the breakthrough of the Spring Festival red envelope in the first round, followed by the second round of merchants deploying QR code payments. These two aspects are difficult for X to replicate.

So what will break the deadlock? Polymarket could be a significant weapon.

The code name for Polymarket is: everything can be bet on, which naturally aligns with social media.

You can deposit money into the X wallet, then bet on various events in the embedded Polymarket module, or you can embed it in your posts, allowing others to bet through your post, giving you a share of the transaction fees, similar to the Binance Square model, which opens up the imagination.

X can enjoy a significant advantage in transaction fees.

It can enhance user engagement (those placing bets pay more attention to public opinion and outcomes).

It can also influence event outcomes due to the betting markets.

A triple win!

Especially with so many political fans, cryptocurrency followers, and male fans on X, it is naturally suited for a large casino, as long as X complies with regulations on the surface, since everyone can use VPNs and cryptocurrencies to bypass regulations.