Tesla CEO Elon Musk Announces New Feature for X! Bitcoin (BTC) Detail Attracts Attention!
Tesla CEO Elon Musk, one of the most influential names in the cryptocurrency market with his posts and statements, made a new post from his X account.
Elon Musk said that the social media platform's new messaging feature, XChat, is now live, will use Bitcoin (BTC)-style encryption, and will support all file types.
Musk announced that XChat has been released with Bitcoin-style encryption, end-to-end security, disappearing messages, voice and video calling, and support for all file types.
Musk's statement that this feature is built on Rust with Bitcoin-style encryption and has a completely new architecture has sparked a backlash from Bitcoin developers and cryptography experts.
Bitcoin Core developer and OCEAN CTO Luke Dashjr responded to Musk's post by saying, “Bitcoin doesn't even use encryption.”
JAN3 CEO and Bitcoin supporter Samson Mow echoed the same sentiment, saying, “Bitcoin is not encrypted.”
Musk’s statement comes after Telegram CEO Pavel Durov last week claimed that Telegram had entered into a year-long partnership with Musk’s xAI, including a $300 million payments and app integration deal. Musk responded by saying, “No agreements have been signed.”
