Is Musk really going to install a "financial engine" on X? Once the super app with a billion users starts trading cryptocurrencies, the market might just take off!
Musk's move is quite ruthless! X, formerly Twitter, will not only allow posts and arguments, but soon users will be able to buy and sell stocks, make card payments, and possibly even trade cryptocurrencies!
Why do we say it might support cryptocurrencies?
Musk is the "king of promotion" in the crypto world! A single tweet from him can send DOGE to the moon, and Tesla has also accepted Bitcoin. Given his character, it would be strange not to add crypto features to X!
There are clues in the technical foundation; traces of wallets have already been uncovered in the code.
The user base is terrifying: a billion people use X globally! Even if only a small group tries their hand at trading cryptocurrencies, that will still bring a massive influx of new retail investors!